Significant changes are unfolding in the crypto market, particularly with IOTA prices and updates within the Ethereum platform. Additionally, new initiatives like the BlockDAG referral program are garnering notable attention among users.
IOTA Prices: Ahead of the Update
IOTA has shown steady growth ahead of its Rebased upgrade scheduled for May 5. The price of IOTA reached $0.2415, the highest point in over two months, marking an 85% surge since April. The update will introduce staking options, smart contract features, and developer tools expected to bolster future growth. The shift towards a delegated proof-of-stake system, along with partnerships with Ankr and Nansen, enhances community confidence.
Ethereum ETF Inflows Resume
Renewed interest is observed in the Ethereum market following a significant inflow of 40,000 ETH, concluding an eight-week streak of exits. While the figures are not massive, they signal a change alongside a broader market uptrend. Ethereum-based products reported $183 million in inflows in the past week, indicating fresh institutional interest.
Launch of BlockDAG Referral Program
BlockDAG has introduced its referral program, enabling users to earn BDAG coins by sharing links. Referrers earn a 25% bonus for each completed purchase through their link, while the new buyer receives a 5% bonus on their first transaction. The presale has already raised over $227.5 million, and early participants have seen up to 2,520% value growth.
The recent activities in the crypto market highlight noteworthy trends. IOTA prices are gaining momentum ahead of a critical update, while Ethereum ETF markets are showing initial inflows, reflecting renewed confidence in foundational changes. Simultaneously, referral programs on platforms like BlockDAG present appealing opportunities for users.
