In the world of cryptocurrency, volatility continues and certain altcoins are attracting investor attention. This article examines BlockDAG, Ethena, Arbitrum, and TRON, each of which targets unique sectors, from scaling solutions to DeFi systems.
BlockDAG: Increased liquidity and funding
BlockDAG stands out with its decision to extend the Beat Vesting Pass until August 4. This pass provides full liquidity from the launch, which differentiates it from many other projects. To date, the presale has raised $356 million, selling 24.5 billion BDAG coins with active participation from over 18,800 miners. The demonstration of X1 and X10 mining devices shows up to 10x daily rewards through hardware synergy. The X1 App has also reached 2.5 million users, confirming user growth.
Ethena: Real yield-based model
Ethena (ENA) operates on a synthetic dollar protocol, offering stable access to on-chain yield. The use of USDe and sUSDe tokens generates consistent returns through delta-neutral strategies. Ethena’s total locked value (TVL) has surpassed $7 billion, marking it attractive for DeFi participants. The team is also working diligently to ensure compliance despite existing regulatory concerns.
Arbitrum and TRON: Growth and innovation in DeFi
Arbitrum (ARB) continues to be the most used Layer 2 protocol for Ethereum, accounting for over 40% of traffic. It attracts developers due to its fast processing and low fees. Recently, a $200 million gaming ecosystem fund has been announced, enhancing its position. TRON (TRX), meanwhile, remains in demand for blockchain-based financial services, processing over 35% of Tether’s daily volume. Founder Justin Sun is actively promoting TRON's expansion into cross-border settlements.
The presented altcoins offer various solutions and opportunities for both users and investors. BlockDAG with its significant funding and growing user base, Ethena with its sustainable yield model, Arbitrum supporting Ethereum scalability, and TRON innovating in stablecoin transactions—all shape unique propositions in the cryptocurrency market.
