In the crypto world, Solana and Cardano are drawing major investor attention, yet BlockDAG is already demonstrating its results.
Solana Gathers Institutional Support
Solana (SOL) continues to hold above $140, showing nearly a 2% gain in the last 24 hours. A big reason for this growth is institutional activity. The Cboe BZX Exchange has submitted a request to the U.S. SEC to list a spot Solana ETF from Fidelity, indicating serious interest from large firms. Meanwhile, BlackRock's $1.7 billion USD Institutional Digital Liquidity Fund (BUIDL) has transitioned to Solana, adding credibility to its ecosystem. According to Bloomberg Intelligence, there's a 70% chance the U.S. will approve a spot SOL ETF this year.
Cardano Whales Purchase 240 Million ADA Tokens
Cardano’s ADA token has climbed 7% over the last week, reaching $0.76, alongside major purchases by so-called 'whales.' They acquired 240 million ADA in just one week, equating to about $180 million at current prices. Such buying could tighten the token's supply and affect its movement.
BlockDAG’s Testnet Handles 15K Transactions & 200+ Nodes
BlockDAG’s 'Primordial' Beta Testnet is not just a demo—it's a real-world trial simulating mainnet stress. The system already processes 15,000 transactions daily and supports over 200 mining nodes. Built on DAG-based Proof-of-Work and GHOSTDAG, it processes blocks in parallel for increased speed without compromising security. The project has also raised $210 million in presales, selling over 19 billion coins.
While Solana and Cardano are earning market trust based on expectations, BlockDAG is proving its impact with real achievements. This contrast highlights the value of tangible results in the fast-evolving crypto world.