Cryptocurrency prices are fluctuating, and several projects are drawing investor attention. In particular, IOTA with its expected upgrade and Ethereum, which is starting to receive institutional investments again, stand out.
IOTA Price Growth Ahead of Rebased Upgrade
IOTA prices are rapidly rising in anticipation of the Rebased upgrade scheduled for May 5. Over the past ten days, the IOTA price has increased to $0.2415, the highest level in more than two months and 85% above April’s low. As the upgrade includes staking integration, smart contracts, and improved developer tools, further price growth is expected.
Return of Institutional Investments in Ethereum ETF
Institutional interest in Ethereum (ETH) is starting to rise again after a recent inflow of 40,000 ETH, ending an eight-week streak of outflows. This change comes alongside broader market gains and improved sentiment regarding Ethereum's upcoming developments. Analysts are also watching the upcoming Pectra upgrade, which may significantly improve network scalability.
Launch of BlockDAG Referral Program
BlockDAG (BDAG) has officially launched its referral program, granting users the opportunity to earn BDAG rewards. Anyone sharing their referral link earns 25% BDAG on confirmed purchases. The presale price is currently locked at $0.0019, with over $225 million raised.
The cryptocurrency market demonstrates a variety of opportunities for traders and investors. With IOTA's price growth, renewed interest in Ethereum ETF, and BlockDAG's referral program launch, these events may attract the attention of a wider range of market participants.
