Prices for cryptocurrencies Polkadot and Ethereum remain on a positive wave, with expectations for new heights. Meanwhile, the BlockDAG project shows significant progress and involvement among developers.
Polkadot Price Action Shows Strong Trends
The price of Polkadot (DOT) remains above $3.90, showing signs of potential growth towards $6.39, which could constitute a 40% increase. Analysts view the current zone as an accumulation phase leading to a breakout. Active development is noted with the expected JAM upgrade aimed at removing gas fees and providing more flexible scalability.
Positive Predictions for Ethereum
Ethereum has again reached the $4,000 level, and judging by current data, the market shows positive signals. The total value of stablecoin reserves has increased to $131 billion, indicating new capital flowing into Ethereum's ecosystem. Additionally, the Pectra upgrade allows users to pay fees in other tokens and reduces ETH supply, positively influencing its price trajectory.
BlockDAG's Progress Ahead of Launch
BlockDAG is actively advancing its capabilities; its Beta Testnet is live, and over 4,500 developers are working on more than 300 projects in areas like DeFi and AI. Market support is significant, with the presale raising $353 million. This reflects growing interest in the platform and its potential for the future.
Current trends confirm the resilience of prices for Polkadot and Ethereum, while also highlighting BlockDAG's progress as a noteworthy player in the crypto industry. Should current trends continue, the future for these projects appears promising.
