Recent changes in the cryptocurrency market indicate an improvement in the positions of projects like Solana and Chainlink, while BlockDAG is introducing interesting measures to engage user participation.
Solana's Prospects
Solana shows growth, remaining above $130. Technical indicators suggest the potential for further increases. Analysts note the $120-$130 zone as an accumulation area. Projections suggest that the next resistance levels could be around $300 and even $500 if the positive momentum continues.
Chainlink's Recovery
Chainlink is finishing a decline period, trading around $12.39. Sentiment data shows LINK has reached the lowest values of the year, which often leads to recoveries. Technical indicators reveal that the asset is close to the boundary of a descending channel, and a reversal is possible. Support above $12 could pave the way for a challenge at the $13.50 resistance level.
BlockDAG Initiatives
BlockDAG recently introduced a new referral system in its X1 App, linking users with mining rewards. Users gain Tap XP for referrals, which boosts their mining speed. This creates a competitive atmosphere and engagement, aiding in community development.
With Solana's consistent growth and the potential recovery of Chainlink, BlockDAG actively develops its platform focusing on user engagement and long-term growth.
