The crypto market is witnessing significant activity with notable price fluctuations. Hedera (HBAR) is on the rise amid ETF rumors, while Chainlink (LINK) faces challenges. Meanwhile, BlockDAG draws attention with a successful audit.
Hedera (HBAR) Success Amid ETF Speculation
Hedera (HBAR) price surge has caught the market’s attention, rising 10% in a day to reach $0.2487. Speculation around a Grayscale Hedera ETF is intensifying, potentially attracting institutional investors as the SEC reviews a NASDAQ listing application. HBAR’s market cap has exceeded $10.42 billion, gaining 28% since February 25.
Chainlink (LINK) Decline Raises Concerns
The Chainlink (LINK) price drop has deepened, falling below $15 and drawing scrutiny. Traders are closely watching LINK, which has fallen from previous highs above $30. Attention is on the $12-$13 range that historically prevented deeper declines. However, fears remain that further selling could test the $10 psychological barrier. The Relative Strength Index suggests LINK is nearing oversold territory.
BlockDAG’s Successful Audit Boosts Presale
BlockDAG has attracted attention with its successful Halborn audit and ongoing CertiK review, proving its reliability. In a space where security assurance is rare, this builds trust in the project. Over $202 million has been raised during the presale, with the BDAG token price increasing from $0.001 to $0.0248—representing a 2380% increase.
Continued focus on Hedera's (HBAR) rise and Chainlink's (LINK) challenges emphasizes the need for caution in investing in crypto projects. Meanwhile, BlockDAG's success through audits distinguishes it from the rest, creating favorable conditions for further growth.
