The crypto industry continues to attract investor attention with XLM's price rise, changes in Arbitrum, and BlockDAG's successes.
XLM Price Surge
XLM maintains optimism as it approaches a key resistance level at $0.30. Over the last 24 hours, the asset has gained 2.32% with strong support around $0.279. Technical indicators such as a Relative Strength Index (RSI) of 71.5 suggest persistent buying pressure. Analysts expect potential further growth towards $0.349 if resistance is decisively cleared.
Arbitrum's Challenges After Nvidia Withdrawal
Recent developments surrounding Arbitrum have drawn attention after the project withdrew from Nvidia's Ignition AI Accelerator program. The Arbitrum Foundation cited Nvidia's request to distance itself from crypto-related publicity as the main reason. As a result, ARB’s price stabilized around $0.34 following a brief rally. Technical indicators show slight bearish divergence, indicating potential short-term pressure.
BlockDAG Successes and New Referral Program
BlockDAG has launched a referral program, offering a 25% bonus for attracting new participants, aiding in the increase of holders. The BlockDAG community has surpassed 170,000 unique holders, and over $222.5 million has been raised from the presale. The incentive program stimulates wide interest, highlighting the project's successful development ahead of the mainnet launch.
While XLM shows growth and prospects for further achievements, Arbitrum faces challenges after stepping away from Nvidia. In contrast, BlockDAG demonstrates impressive growth and attracts attention with its referral program.
