This summer is marked not only by record temperatures but also by the stable dynamics of leading digital assets across global cryptocurrency markets. Let's take a look at four projects: BlockDAG, Ethereum, Solana, and Cardano that are shaping the trends this season.
BlockDAG: 2900% ROI Growth Before Its Official Launch
BlockDAG is creating a new experience by employing a hybrid Directed Acyclic Graph (DAG) and Proof-of-Work (PoW) model which enables ultra-fast transactions, increased scalability, and enhanced security. The previous issues faced by traditional blockchains are resolved through these advantages.
Currently, BlockDAG has raised $385 million in Batch 30 of the presale, selling over 25.5 billion coins. It has seen a price increase from $0.001 to $0.03, marking a 2900% growth. Over 200,000 participants have already joined the project and the X1 mobile mining app has attracted 2.5 million users worldwide.
Ethereum: Proving Experience Still Matters
Ethereum remains the backbone for decentralized applications, demonstrating lasting reliability. The transition to proof-of-stake has significantly reduced energy consumption, and Ethereum 2.0 upgrades aim to improve speed and reduce fees.
Currently priced near $4,700, Ethereum has gained more than 50% since the passing of the GENIUS Act, which provided clearer rules for stablecoin activity. Analysts believe ETH might push even higher within the next year driven by the consistent demand for DeFi applications and NFTs.
Solana and Cardano: Stability and Gradual Progress
Solana continues to demonstrate stability even in turbulent markets. Recently, Circle minted 750 million USDC on Solana, enhancing its position as a hub for developers and users. Solana is currently trading around $204, nearing the $210 mark.
While Cardano may not experience dramatic movements like some rivals, it is building a stronger base. After forming a triple bottom at $0.49, ADA climbed more than 11% into a new bullish phase.
This season, Ethereum, Solana, and Cardano each present unique strengths. Each has its advantages; however, BlockDAG stands out due to its pre-launch dynamics and significant achievements at early stages.
