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Overview of Current Trends in Ethereum, Avalanche, and BlockDAG in the Crypto Market

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by Giorgi Kostiuk

7 hours ago


Recent days have seen the cryptocurrency market draw attention thanks to new forecasts and technologies, gaining support from institutional investors.

Ethereum: Price Predictions Rise

Ethereum continues to gain popularity, notably due to the forecast from Standard Chartered Bank that has raised its expectations for ETH price to $4,000. This change is attributed to the growing institutional interest, with Ethereum starting to outpace Bitcoin in terms of asset allocation growth. "Regulatory caps on direct Bitcoin exposure are pushing funds toward ETH," noted Geoff Kendrick, head of digital assets at the bank.

Avalanche: Increased Interest in Tokenized Assets

Avalanche is attracting attention following a $250 million credit deal that has reshaped institutional approaches to its network. Through the Sky’s Grove protocol, tokenized credit assets and U.S. Treasuries are now live on Avalanche, involving institutional partners like Janus Henderson and Centrifuge. This move has lifted total value locked across the ecosystem and signals new use cases for Avalanche in real-world finance.

BlockDAG: Accessible Mining via Mobile Apps

With the BlockDAG X1 Miner App, users can mine BDAG coins directly from their phones. Over 2.5 million people are already earning money this way, making mining more accessible. For those ready to scale up, the X10 hardware miner increases daily earnings from 20 to 200 BDAG. More than 18,880 units have been shipped, confirming rising demand for mining equipment.

Ethereum and Avalanche continue to attract institutional investments, while BlockDAG offers mining accessibility to a broad audience. These trends are shaping the future of the crypto space.

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