In the cryptocurrency market, projects Cardano, Stellar, and BlockDAG are in the spotlight due to their unique characteristics and current achievements. This article examines their short-term and long-term prospects.
Cardano Growth Outlook
Cardano recently hit $1.01 but has since slipped to $0.82. The key support at the $0.80 level is crucial for the further growth of crypto. Analysts note that failing to maintain this zone may lead to testing lower levels at $0.71 and $0.57. Despite the risks, there remains cautious optimism in the long-term outlook for Cardano. Traders believe the current pullback might simply be part of a larger uptrend.
Stellar's Growth through Partnerships
Stellar is trading near $0.36, still below its all-time high of $0.93. However, the project shows steady growth thanks to adoption efforts and partnerships, such as cooperation with Archax to tokenize funds. The upcoming Protocol 23 upgrade, aimed at increasing transaction speeds to 5,000 per second, strengthens Stellar's market position.
BlockDAG: Achievements and Upcoming Events
BlockDAG is attracting attention thanks to its transparency and significant achievements. Particularly anticipated is the upcoming event in Singapore, planned in partnership with Coinstore. Unlike other projects, BlockDAG offers a fixed presale price of $0.0013, which appears attractive to investors. The launch has already raised over $395 million, marking one of the largest fundraising efforts in cryptocurrency history.
While Cardano and Stellar remain major market players, their short-term prospects are uncertain. Meanwhile, BlockDAG demonstrates stability and confidence in its development, making it a promising project for 2025.
