Ethereum and Solana are starting to pick up, with major Ethereum holders buying more and Solana's price forecast showing signs of an upcoming rise. As these well-known cryptos slowly move forward, traders are shifting their focus to BlockDAG (BDAG), which is making a splash in the current market. BlockDAG's sophisticated first-layer network has been noticed for its efficient and safe testnet, earning it accolades as a potential rival to Solana and Kaspa.
Right now, in its initial presale phase, BlockDAG has surpassed other market leaders in terms of money coming in and public interest. Early supporters have seen returns of up to 1960%, and the project has collected over $101 million, placing it among the top crypto choices available today.
Ethereum Whales on a Buying Rampage
Ethereum whales have been busy gathering more ETH, adding over 1.7 million ETH to their wallets in the last 30 days. This adds up to nearly $4.5 billion, with an average buy price of $2,600 per ETH. Data from IntoTheBlock shows that these large holders have been buying more than selling, with outflows noted on just three days during this time. This strong buying indicates their confidence in Ethereum’s future, particularly with expectations that the price will soon hit $3,000.
Currently, Ethereum is priced at about $2,613.30, up by a small margin of 1.03%. Recent large purchases of 175,000 ETH, worth roughly $455 million, suggest increasing hope. Experts believe that if this buying trend continues, it could push Ethereum prices higher, with $3,000 as an important resistance level to watch in the next few weeks.
Solana’s Price Forecast: On an Upward Path
Solana's price is on the rise, now above $150, driven by more activity on its network and more meme coin holders joining. In the last month, there's been a 7% increase in activity on Solana's blockchain, signaling a higher demand and interest in the market. Analysts point out solid support levels at $134.27 and $144.71, which have helped stabilize Solana's price during its recent growth.
The forecast for Solana suggests it might increase by nearly 12%, moving towards the $169.43 resistance level. Tools like the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicate strong upward momentum, with Solana's RSI still not reaching the overbought zone. Based on these firm technical indicators, Solana is expected to maintain its upward trend, possibly reaching new heights as the market progresses.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
BlockDAG Has Acheived Remarkable Milestone: Presale Hits $101M!
While Ethereum and Solana are the big names in the game, BlockDAG is making waves with its fresh approach to blockchain technology. Its testnet, launched in September 2024, has received rave reviews. The network's mix of top-notch efficiency and iron-clad security has positioned it as a rising challenger to both Kaspa and Solana.
The BlockDAG testnet rolls out several exciting features, including a blockchain explorer, faucet functionality, and support for Ethereum Virtual Machine (EVM) transactions. Users can create BDAG coins, link their MetaMask wallets, and try out smart contracts, diving right into the network’s capabilities. Its smooth transaction tracking and instant updates make the testnet even more attractive to developers and tech enthusiasts.
What makes BlockDAG stand out, though, is its presale success. The project has already raised over $101 million, marking it as one of the most successful crypto presales of the decade.
Early supporters have witnessed a jaw-dropping 1960% return on their contributions, with the chance for even bigger rewards as the presale continues through its 45 batches. Experts believe BDAG could hit a price of $30 by 2030, which could lead to a potential ROI of 4900%—figures that are hard to find elsewhere.
BlockDAG’s emphasis on scalability, strength, and community involvement has catapulted its quick rise. The testnet's impressive efficiency has led many to see it as a future frontrunner, drawing keen interest from big players and institutional backers. As it pushes toward its $600 million presale target, it continues to gain momentum, attracting more participants every day.
The Bottom Line
While Ethereum and Solana are still strong players, their price swings have tempered the flow of new money, despite Ethereum whales piling up more upbeat forecasts for Solana. In contrast, BlockDAG has become the go-to crypto for those looking for significant returns.
With its highly efficient network and secure testnet, BlockDAG has swiftly exceeded $101 million in its presale, becoming the standout of the decade. Early backers have already enjoyed 1960% returns, and the project’s growth shows no signs of slowing. For those on the hunt for the next big opportunity, BlockDAG is shaping up to be a formidable force in the crypto market.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
