In the current Web3 cycle, the focus is shifting from rapid price movements to creating real products and attracting attention to projects. Tron (TRX) and Uniswap (UNI) are becoming focal points, while BlockDAG represents a new force in the market.
TRX Activity Rises
Tron (TRX) is showing increased activity, with rising trade volume and user counts. Recently, over 1 billion USDT was minted on the Tron platform, contributing to a 3.9% price increase for TRX in a day. This activity indicates Tron’s strong market position, although some traders remain cautious, preferring newer projects.
Uniswap Breaks Out
Uniswap (UNI) demonstrated significant growth of 13% in just one day, breaking out of a long stable period. UNI is now trading above $7, with some analysts predicting it may reach $11. However, further growth may be limited by dependencies on the broader DeFi sector.
BlockDAG Presale Success
BlockDAG stands out among other projects due to its presale success, raising over $303 million and attracting more than 2 million mobile app users. Its effective Proof-of-Engagement system allows users to earn tokens, making the platform appealing to newcomers to Web3.
While TRX and UNI exhibit growth, BlockDAG demonstrates that creating real tools and actively engaging users is more beneficial than mere price movements. The future of Web3 promises exciting changes worth watching.
