Analysis of SUI and HBAR indicates solid growth, while BlockDAG targets ecosystem development with over 1,000 dApps by 2026.
SUI’s 15-Day Rally: Ready for a Breakout
SUI is recovering after a 64% decline from its January highs, supported by technical indicators and updates like Canary Capital’s ETF filing and the SUI Overflow Hackathon. These events have reignited investor confidence. Breaking past the trendline and resistance levels points to potential further growth, with a target around $3.25.
HBAR’s Prospects: A Potential 144% Surge
HBAR exhibits strong technical potential, with a projected rise to $0.504. Institutional initiatives, such as the USD1 stablecoin launch and SWIFT trials, support the token's long-term prospects. Increased open interest and trading volumes highlight optimistic market sentiments.
BlockDAG’s Strategy: 1,000+ dApps by 2026
BlockDAG announced a plan to support over 1,000 decentralized applications by 2026, leveraging EVM-compatible and WASM-supportive infrastructure. The plan is aimed at actively attracting developers and creating a robust ecosystem. At the Keynote 3 event, BlockDAG had already launched a Beta Testnet and completed a $209.5 million presale.
SUI and HBAR show potential for short-term growth, but BlockDAG is developing a larger project aimed at broad adoption of its platform.