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Ethereum and Solana Show Recovery Signs: Is BlockDAG Planning Further Growth?

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by Giorgi Kostiuk

3 hours ago


Ethereum and Solana are showing signs of market recovery, while BlockDAG is preparing for significant steps through team expansion.

Ethereum: Signs of Growth

Ethereum (ETH) is showing recovery signs after a prolonged price drop. Key market indicators suggest a potential price surge supported by increasing buying volumes and a positive Funding Rate. Additionally, a symmetrical triangle pattern hints at a possible breakout.

Solana: Chance for Recovery

In the past week, Solana (SOL) has decreased by 10.6%, yet it still outperforms Ethereum for the year. SOL is testing a key support level, and a successful bounce could signal the start of a bullish trend with a potential 17% increase.

BlockDAG: Team Expansion and Growth

BlockDAG network has recently expanded its team by adding five new experts. These initiatives aim to strengthen the infrastructure ahead of the main product launch. Moreover, the BDAG token presale is confidently approaching the $200 million milestone, with analysts expecting it to reach a $1 price point this year.

Ethereum and Solana show potential growth prospects in the market, but BlockDAG stands out due to its strategic team additions and high expectations for further network development.

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