The recent halving event of Bitcoin Cash (BCH) has caused a stir in the crypto market, along with the introduction of the BlockDAG platform that offers high-speed transaction capabilities in the blockchain world.

On April 1, 2024, BCH enthusiasts eagerly awaited the halving event scheduled to occur at block number 840,000. Following the halving, the block reward for BCH was officially reduced from 6.25 BCH to 3.12 BCH. This quadrennial event will pose challenges for mining activities but is expected to increase the blockchain hash rate of BCH, which currently stands at 4.50 EH/s.

Despite historically following Bitcoin price movements, BCH has been overshadowed by its "zombie coin" reputation, signifying a struggle to maintain active interest and usage. However, BCH, under Roger Ver's leadership, has shown surprising price resilience with a 50% increase in the last 30 days and a 431% increase in the last year, securing its position in the top 20 on Coinmarketcap.

The dynamics of Axelar (AXL) prices have recently captured traders' attention, with the bulls successfully defending the price around the 20-day EMA at US$2 against strong bearish pressures.

BlockDAG has made waves in the blockchain sphere by offering unparalleled transaction speeds, exceeding the limits set by traditional blockchains like Bitcoin and Ethereum. Achieving 10,000-15,000 transactions per second (TPS), the platform demonstrates exceptional efficiency and scalability capabilities.

In conclusion, the BCH halving has disrupted the crypto market, setting the stage for more challenging mining activities and increased BCH blockchain hash rates. Meanwhile, BlockDAG technology presents innovative solutions with high transaction speeds, paving the way for new potentials in the cryptocurrency ecosystem. This creates opportunities for traders and investors to engage with dynamic market movements and evolving blockchain industry innovations.