The crypto market is witnessing the active development of three key digital assets focused on payments: Hedera, SUI, and BlockDAG. These projects showcase different strategies and achievements that could alter the landscape of crypto payments by 2025.
Hedera: Predictions and Market Dynamics
Hedera is trading at $0.27 after a daily change of 0.65% and a recent surge of 7.72%, driven by whale accumulation. Institutional interest in Hedera strengthened following the July network update, which showcased advancements in tokenization and stablecoins. Resistance lies between $0.29 and $0.30.
SUI: Achievements and Institutional Investments
SUI has jumped 8.7% to $3.73 after Mill City Ventures committed $450 million. AMINA Bank became the first regulated institution to offer custody and trading for SUI. The Total Value Locked (TVL) now stands at $2.09 billion, driven by DeFi growth and partnerships with Google Cloud, enhancing its market position.
BlockDAG: Presale and Scalable Technology
BlockDAG's presale is now in Batch 29, successfully raising $373 million. The project offers transaction speeds of up to 15,000 transactions per second and is fully EVM compatible. Support from 20 exchanges will ensure liquidity at launch while an active mining ecosystem has attracted over 2.5 million users. Partnerships with sports teams like the Seattle Seawolves enhance its market positioning.
Hedera, SUI, and BlockDAG are prominent figures in the cryptocurrency payment space, each showing promising results as they head towards 2025. Their achievements, movements, and technological solutions could make them key players in the market.