Amidst the rapid development of the cryptocurrency market, key players such as Solana and Cardano demonstrate significant growth, while BlockDAG draws attention with its loyalty program.
Cardano Market Shows Strong Uptrend
The trends in the Cardano market indicate a substantial 30% price increase over the past week. In the last 24 hours alone, the price surged by 5%, with its market cap nearing $40 billion. The Average Directional Index (ADX) reads 53.8, signifying a strong upward trend.
Growth in Solana Trading Volumes
On January 6, 2024, Solana's DEX volume soared to an impressive $3.8 billion in 24 hours, outpacing Ethereum and Base. A significant portion of this volume increase is attributed to meme coin trades on platforms like Pump.fun, highlighting Solana's growing influence in the DeFi sector.
BlockDAG Loyalty Program
BlockDAG's loyalty program has captured the market's attention by offering unlimited USDT cashback for both referrers and buyers. With a presale amount of $180 million and projections of reaching a $1 valuation this year, the program strengthens the BlockDAG community and encourages active participation.
Projects like Solana and Cardano continue to demonstrate impressive growth on the market, while loyalty programs like BlockDAG's encourage even greater engagement among participants. These achievements underscore the current state and potential prospects of the crypto market.