Stellar (XLM) has shown a significant price increase of 92% in just one week, while BlockDAG is gaining attention for its successful presale.
XLM's Surge and Market Impact
In the past week, Stellar (XLM) surged 92%, with trading volumes hitting $14 billion. Currently, XLM is testing the crucial $0.50 mark, and analysts are closely monitoring for a possible fifth-wave continuation. The RSI recently reached 89, a level often associated with overheated markets, raising speculation about a potential pullback.
BlockDAG's Success and Infrastructure
There exists a project BlockDAG, which, although not yet launched, is already cementing its ecosystem. With Ethereum compatibility, a Proof-of-Work foundation, DAG-based transaction processing, and over $339 million raised in presale, BlockDAG is not copying existing networks but rebuilding them. Its presale, fixed at $0.0016 until August 11, is already halfway to a $600 million target.
Comparison of XLM and BlockDAG
While XLM is currently showing impressive results, BlockDAG is quietly building its infrastructure. The combination of Proof-of-Work for network security, DAG architecture, EVM support, and smart contract development tools indicates a robust foundation. As XLM experiences active growth, BlockDAG may present growth potential with a focus on development and ecosystem expansion.
Stellar (XLM) showcases impressive growth; however, BlockDAG’s success suggests similar prospects worth considering. With a strong technological base and successfully raised investments, BlockDAG aims for a future within the cryptocurrency ecosystem.
