As July comes to an end, trading activity in the crypto market is rising sharply. Market participants are watching for new projects that may increase in price. Some altcoins draw particular attention due to their fundamentals and growth potential.
BlockDAG: Growth through DAG Technology
BlockDAG (BDAG) is an innovative platform utilizing a DAG-based architecture that achieves speeds of up to 15,000 TPS. During its record-breaking presale, over 24.5 billion coins were sold, raising $356 million. Support from sports teams like the Seattle Orcas and Seattle Seawolves is boosting the project's popularity.
XRP: Rebounding with Global Use
After legal clarity, XRP has returned to the spotlight. Many observers view it as a top altcoin due to its ties to cross-border transactions. Renewed interest and new international agreements are elevating XRP’s status in the market.
Solana and Cardano: Stable Market Players
Solana has established itself as a reliable platform due to its fast and low-cost transactions. Following a network upgrade, its DeFi value surpasses $10 billion, and NFT trading volumes remain stable. Cardano, on the other hand, stands out with steady development, offering over 17,000 active smart contracts and a low failure rate.
The current conditions in the crypto market present numerous opportunities for investors. The altcoins BlockDAG, XRP, Solana, and Cardano distinguish themselves from competitors through their unique features and growth potential.