• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Solana and Cardano Face Growth Challenges as BlockDAG Advances

user avatar

by Giorgi Kostiuk

5 hours ago


With recent fluctuations in the digital currency market, Solana and Cardano face challenges in maintaining growth, while BlockDAG continues to progress steadily.

Solana's Bullish Momentum Stalls

Solana's (SOL) bullish momentum proved short-lived, with the cryptocurrency falling back to $141 after reaching nearly $180. This steep drop signals mounting selling pressure, and observers now debate whether Solana can revive its bullish sentiment. Key support around $140 plays a crucial role in predicting its subsequent move.

Cardano's Sharp Price Retraction

Recent analysis of Cardano's (ADA) price shows a significant decline of 25% following a surge prompted by a major announcement. From an initial rise of over 76%, ADA couldn't withstand the selling pressure that followed. It is currently testing support at $0.80, a vital level for future price direction. Despite the downturn, on-chain data indicates robust accumulation.

Strengthening BlockDAG's Security

BlockDAG is set to launch its Bug Bounty Program following the beta testnet release. This initiative aims to uncover and rectify security vulnerabilities before they can be exploited. The program offers financial incentives to attract ethical hackers and cybersecurity experts to inspect the blockchain for weaknesses. Key third-party audits by Halborn and CertiK are ongoing. These initiatives are timely as BlockDAG approaches its mainnet launch.

As Solana and Cardano grapple with momentum recovery, BlockDAG intensifies its security preparations, moving steadily toward its major launch.

0

Share

Other news

Litecoin: Rebound Amid Market Neutrality and Whale Activity

Litecoin rebounded 2% despite weekly losses. Whales accumulated $8.24B in LTC, with emerging activity potentially leading to a surge.

user avatarGiorgi Kostiuk

3 minutes ago

Leading Cryptos in Focus: Ethereum, Solana, Cardano, and BlockDAG

Exploring BlockDAG, Ethereum, Solana, and Cardano — cryptocurrencies poised to lead the market with unique technologies.

user avatarGiorgi Kostiuk

14 minutes ago

Cardano Whale Interest: Implications for ADA's Future

Major investors are buying ADA. What does this mean for Cardano's price?

user avatarGiorgi Kostiuk

17 minutes ago

Best Meme Coins to Invest in 2025: Arctic Pablo, Dogwifhat, and Ponke

Arctic Pablo, Dogwifhat, and Ponke: key meme coins for the 2025 market with unique offerings and growth potential.

user avatarGiorgi Kostiuk

18 minutes ago

Whales Invest Big in Cardano: Investor Prospects

Increased whale purchases and network activity spark interest and hopes for ADA's price growth.

user avatarGiorgi Kostiuk

32 minutes ago

Lightchain AI: AI-Blockchain Project Rises to Prominence

Lightchain AI advances in the volatile cryptocurrency market thanks to solid fundamentals and real utility.

user avatarGiorgi Kostiuk

36 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.