Amid the development of blockchain technology, three projects - BlockDAG, Near Protocol, and Tron - are capturing investor attention. We analyze their current achievements and prospects.
Near Protocol Surpasses 46 Million Users
NEAR Protocol has attracted more than 46 million active users in a month, signaling significant demand for the platform and its growing popularity. This is particularly important following NEAR's transition to chain abstraction, which simplifies the use of different blockchains. NEAR assists developers in creating applications that work without the need for multiple wallets, thereby increasing user base and developer activity.
Tron Stays at $0.119 with Steady Support
The cryptocurrency Tron (TRX) dropped by 2% and is now trading at $0.119. This decline occurred amid a slight decrease in network traffic; however, Tron still processes over $10 billion in daily USDT transfers. Key levels are supported at $0.116 and resistance is marked at $0.124. The Relative Strength Index (RSI) shows neutral values, indicating a lack of clear buy or sell signals. The project also plans to reduce transaction fees to attract new projects.
BlockDAG Attracts Attention with $306 Million and 2 Million Miners
BlockDAG demonstrates heightened interest from users, with over 2 million daily active miners. The project has already raised $306 million in funding and offers a developed ecosystem with live smart contracts. The blockchain platform is actively evolving, providing mining tools to users and supporting a significant number of tokens on the market, which undoubtedly draws attention to the project as a potential long-term investment.
Thus, amid the current changes in the blockchain industry, the projects BlockDAG, Near Protocol, and Tron exhibit growth prospects and the adoption of new technologies. Their successes and strategies will help determine the direction of market development in the coming years.