How current crypto markets could alter the future of BNB and HBAR, and whether BlockDAG's hackathons may be the key to strengthening their positions.
BlockDAG Hackathons: New Development Opportunities
BlockDAG's hackathons, organized in partnership with HackerEarth, are not just programming contests but a platform for creating a robust ecosystem. In 2025, four international hackathons will take place, attracting 10,000 to 15,000 developers. These events aim to create over 200 decentralized applications (dApps), enhancing the use of BDAG coins for transactions and network operations.
Binance Coin (BNB) Market Position
The current market position of Binance Coin (BNB) is unstable due to the resignation of Binance CEO Changpeng Zhao. At a price of about $607.5, BNB faces resistance at $699.5. Despite current selling pressure, the future outlook of BNB is positive, with forecasts of reaching $1,064.36 in 2025 and possibly $4,612.24 by 2031.
Hedera (HBAR) Growth Dynamics
Following a recent 10% increase in value, HBAR continues to show a positive outlook. A key factor in this trend was SWIFT's announcement to integrate Hedera's blockchain technology worldwide. As a result, there is potential for sustained growth in HBAR demand, provided it maintains support at $0.23.
Binance Coin (BNB) and Hedera (HBAR) continue to hold significant positions in the cryptocurrency market, while BlockDAG emerges as a promising project due to its global hackathons. The development of these events could significantly impact the market, providing investors with a range of opportunities.
