Cryptocurrency projects showcasing real utility and activity are generating considerable interest among investors. Ahead of the next bull market, it is crucial to identify such projects as BlockDAG, Solana, Ethereum, and Cardano, which promise intriguing potential.
BlockDAG: Success and Growth
BlockDAG is gaining attention due to its significant achievements. The project raised $324 million, sold 23.3 billion coins, and reached over 200,000 holders. Its system combines Directed Acyclic Graph technology and Proof-of-Work, achieving speeds up to 15,000 transactions per second. Over 2 million people are mining BDAG using the X1 app, and 18,200 ASIC miners have been sold. The project offers a 100 million coin airdrop based on testnet usage and social referrals.
Solana: Growing Demand and Global Initiatives
Solana has rebounded to the $140 price range, driven by increasing interest. Recent news mentioned record contract volumes for SOL futures, indicating strong demand. The new Solana Economic Zone launched in Kazakhstan aims to support apps, startups, and educational initiatives. Developers are also implementing upgrades to enhance network security.
Ethereum and Cardano: Steady Development
Ethereum remains stable within the $2,480 to $2,500 range, supported by significant ETF inflows. Meanwhile, Cardano, despite recent losses, continues to progress with real-world projects, including a collaboration with Ford using the blockchain to store legal records. Both cryptocurrencies exhibit resilience and long-term potential.
When selecting cryptocurrencies for investment, it is essential to consider their real utility and activity. BlockDAG, Solana, Ethereum, and Cardano display all the necessary qualities to secure strong positions in the upcoming bull market.