The cryptocurrency market continues to be in a state of uncertainty. An analysis of current trends reveals that BlockDAG is demonstrating real results, while Avalanche and Cardano face challenges in their charts.
Real Achievements of BlockDAG
BlockDAG is showcasing active growth and development, with reports of hardware sales and user reviews illustrating real adoption of this technology. Over 26 billion coins have been sold in the presale, indicating significant interest in the project. Existing users, through reviews and public videos, confirm active usage of the hardware in over 130 countries.
Current Situation with Avalanche (AVAX)
Avalanche (AVAX) is currently trading around $24.4, but the market shows uncertainty. If the price falls below $23.5, further declines may follow. On the other hand, a breakout above $27 could pave the way to a price range of $35–$50, creating potential short-term gains. Projections for 2025 show a wide range, including possible growth to $31, but also more cautious estimates closer to $20.
Prospects for Cardano (ADA)
Cardano (ADA) has been regaining its position in recent months, trading in the range of $0.82–$0.83. Strong resistance is noted in the range of $0.95–$1.02. If this level can be broken, one might expect the price to rise to $1.20 or even $1.32. An important factor is optimism surrounding a potential ETF for ADA, supported by recent legal audits, which builds confidence among investors.
Thus, BlockDAG shows real success and actively participates in the cryptocurrency market, while Avalanche and Cardano are under pressure with various technical and market challenges. The interest of investors in each of these projects varies, and their successes will depend on their ability to overcome existing barriers.
