Emerging Trends in the cryptocurrency Market: BlockDAG, Ethereum, and Near Protocol
As the crypto Market witnesses stabilization, the spotlight shifts towards Ethereum and Near Protocol, both experiencing notable Price increases and heightened activity. Amidst these developments, BlockDAG emerges as a standout player with its robust layer 1 network and innovative ecosystem. Recently launching its testnet to widespread acclaim, BlockDAG's presale has already amassed over $77.5 million in sales. The introduction of the BDAG50 promo code ahead of a significant rebranding further solidifies BlockDAG's position, garnering substantial interest from the Market.
Ethereum's Impact on Lido Finance
Lido Finance has observed a surge in total value locked (TVL), reaching $25.18 billion as of September 23, primarily driven by the recent uptick in Ethereum prices. Despite this Growth, some users have opted to withdraw their assets, resulting in a net decrease of 26,528 ETH being unstaked. The seven-day average percentage rate (APR) for staked Ether has climbed to 3.17%, reflecting heightened network activity and increased Staking Rewards.
Near Protocol's Market Momentum
Near Protocol recently broke out from a descending trading channel that had persisted since May. Following this breakout and subsequent retest, the Token has witnessed a Price surge of over 20%, marking a significant upward trajectory. Market analysts are closely monitoring key Price levels, with $5.00 serving as a newfound support level and resistance levels at $5.70, $6.40, and $7.10 acting as potential barriers or milestones for further Price movement.
BlockDAG's Testnet Launch and Bonus Offer
BlockDAG unveiled its testnet and blockchain explorer on September 20, 2024, marking a crucial milestone towards the mainnet launch. This release invites the community to explore the blockchain's features, offering an interactive platform to engage with its innovative tools. The testnet includes a blockchain explorer allowing users to view detailed block information and transaction Data, supporting both UTXO and account-based addresses while integrating with the Ethereum Virtual Machine (EVM) for real-time transaction tracking.
Moreover, users can mint BDAG coins through the blockchain faucet, manage them using MetaMask, and test various Smart Contracts for functions like Minting NFTs, Staking coins, or burning tokens. As a prelude to a significant rebrand, BlockDAG is extending a 50% Bonus on coin purchases until October 14th, leveraging the promo code 'BDAG50' to enhance community participation and engagement.
Closing Thoughts on the crypto Market Trends
Amidst Ethereum's Price surges and Near Protocol's Market breakout, BlockDAG emerges as a formidable contender within the crypto landscape. With a robust presale already exceeding $77.5 million, BlockDAG is set to redefine the industry with its upcoming rebrand and promotional initiatives. The ongoing 50% Bonus offer on coin purchases using 'BDAG50' adds excitement and value for crypto enthusiasts looking to explore new opportunities in the evolving Market.
For more information about BlockDAG and to participate in the presale:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
