This week Solana draws the attention of major institutions such as Fidelity and BlackRock, while Cardano (ADA) gains the interest of significant holders. Concurrently, BlockDAG makes headlines with its innovation after a successful Keynote 3 presentation.
Solana News: ETFs, BlackRock & Strategic Growth
Recent news from Solana highlights activity among major institutional players. The SOL price exceeded $140, rising nearly 2% over 24 hours. Key events included Fidelity ETF filing and BlackRock expanding its BUIDL fund to include Solana. Open interest in Solana futures has exceeded $5 billion, indicating renewed market interest. The appointment of tech advisor Nikita Bier gives more credibility to the project. Analysts are watching market trends closely, suggesting that if the current trend holds, the price may reach the $160-$180 range.
Cardano (ADA) Whale Action Hints at Long-Term Confidence
Analysts report growing interest from major holders in Cardano (ADA). Over the past week, they bought 240 million ADA, which is approximately $180 million at current prices. This concentration of buying increased ADA's value by 7%, reaching $0.76. Concentrated buying often leads to tighter supply and stronger price momentum. Analysts predict that if the current trend continues, ADA could rise to $1.30, although the high RSI suggests a possible short-term cooldown.
Keynote 3 Puts BlockDAG on Track to Redefine Blockchain Performance
BlockDAG's third keynote was a success. It was announced that the platform combines Directed Acyclic Graph (DAG) and Proof-of-Work (PoW) to deliver speed and security. Founder Jeremy Harkness explained how DAG speeds up transaction processing and reduces fees. The PoW layer enhances security without increasing energy usage, preventing congestion issues often found in traditional blockchains. Keynote 3 received positive feedback, with the presale volume exceeding $209 million and BDAG gaining 2,380% since the first fundraising stage.
Amid the successes of Solana and Cardano, BlockDAG is at the forefront of blockchain architecture with DAC/PoW offering a fast and scalable solution. Having already raised $209 million, the project prepares for the forthcoming launch.
