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Trading Volume Climbs for Ethereum ETF, While Solana Interest Decreases – Over 500K Active BDAG Miners

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by Giorgi Kostiuk

4 days ago


Recently, Ethereum's ETF trading volume reached an impressive $1.5 billion, while Solana's trading volume fell by 40%. Simultaneously, more than half a million users have chosen BlockDAG's X1 Miner app for BDAG mining.

Ethereum's Sharp Trading Volume Increase

Ethereum's ETF trading volume soared to $1.5 billion during two major market downturns, indicating a quiet accumulation phase. Ethereum is increasingly seen as a major player due to its roles in DeFi, NFTs, and smart contracts, advancing towards Ethereum 2.0.

Solana: Current Status Analysis

Recent Solana analysis shows a 10% price increase and a market cap rebound over $100 billion, yet a 40% drop in trading volume indicates a pause among traders. While large account holders are accumulating again, the total number is below the January peak of 5,167. Solana's future moves rely on consistent buying pressures and its positioning between key resistance and support levels.

BlockDAG and the Rise of the X1 Miner App

Every day, over 500,000 users mine BDAG with BlockDAG's X1 app, celebrated as the best crypto miner app available. This simplicity and accessibility appeal to a wide user base. BDAG forecasts suggest reaching $1 by 2025 and $30 by 2030.

The surge in Ethereum's ETF trading volume indicates strong investor interest, despite recent downturns. Solana analysis shows uncertainty, whereas BlockDAG continues to appeal to miners worldwide with its user-friendly X1 Miner app.

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