The cryptocurrency market showcases diverse trends, with rising prices for Solana and XRP, while a new platform BlockDAG is introducing an interesting income model.
Crypto Market: Activity of Solana and XRP
Today, the price of Solana (SOL) rose by 8% to $118 after a whale purchased 32,000 SOL for $3.72 million. This followed weeks of downward pressure on the price, once again drawing traders' attention. At the same time, XRP increased by 30% after news that Ripple and the SEC filed a joint motion to pause their legal appeals, potentially leading to a long-awaited settlement.
The New Income Model of BlockDAG
The BlockDAG platform has already raised over $214 million in presale and attracts users with its affiliate income model. Participants can earn USDT for referrals and reinvest that money, creating a compounding effect. Participants earn 6% to 10% cashback for each referred client, making this system appealing to many.
Current State of the Crypto Market
Despite recent successes of Solana and XRP, rising prices will face short-term resistance and volatility. However, the activity of large players in the market may signal further growth. The journal is also observing the wave of interest in BlockDAG and its position within the crypto market.
The cryptocurrency market demonstrates diverse dynamics, where Solana and XRP feel growth amid potential improvements. While BlockDAG offers its unique income model, all attention is focused on how this will impact the future of cryptocurrencies.
