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Ethereum, Cardano, and BlockDAG: Latest Developments in the Crypto Market

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by Giorgi Kostiuk

3 hours ago


Cryptocurrencies Ethereum and Cardano continue to attract investor attention, as BlockDAG shows significant market interest.

BlockDAG's Growth Potential

BlockDAG impresses with its hybrid architecture, combining DAG scalability with Proof-of-Work reliability. With a maximum throughput of 15,000 transactions per second and EVM compatibility, the project opens doors for developer migration and liquidity inflow on a large scale. Additionally, the X1 Miner app has attracted over 2.5 million active users.

Ethereum's Current Status

Ethereum has experienced recent growth, raising its price to the $4,300 level. While $4,350-$4,380 remain key resistance levels, breaking through could lead to a rise to $4,600-$4,700. ETH futures volume this year exceeds $4 trillion, highlighting active market speculation.

Cardano's Dynamics

Cardano is under pressure, fluctuating between $0.84-$0.92. The support level at $0.84 is critical, as a drop below could see the asset fall to $0.80-$0.82. Nevertheless, recent increased interest from large buyers could also stabilize the situation.

In the short term, Ethereum aims to break the $4,350 level, while Cardano attempts to maintain its price base. Meanwhile, BlockDAG shows sustainable interest in the market with a potential for significant growth.

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