Solana’s price forecast appears promising, showing signs of an upward trend. Meanwhile, the Fantom Foundation is launching initiatives on its primary blockchain platform. Nonetheless, BlockDAG (BDAG) is capturing attention as the standout cryptocurrency in the current bull run.
It utilizes a Proof of Work consensus model and Directed Acyclic Graph (DAG) technology, achieving transaction speeds between 10,000 and 15,000 per second. Now priced at $0.014 in its 19th batch after a stunning 1300% rise, BlockDAG has successfully raised $55.2 million and sold over 11.9 billion coins, positioning itself as the premier crypto presale of the year.
Fantom Foundation’s $120M Sonic Fund Initiative
The Fantom Foundation has designated 200 million FTM tokens, worth around $120 million, for its Sonic Labs Innovator Fund. This fund supports the transition of projects to the new Sonic network, a primary blockchain with a secondary layer bridging to Ethereum, which facilitates exceedingly rapid transactions.
Established by Andre Cronj with precise financial strategies, the fund seeks to draw developers of decentralized applications (dApps) and infrastructure providers without increasing the total supply of FTM tokens. Moreover, the Fantom Foundation is integrating existing developers into the Sonic platform and has announced a community-focused airdrop initiative, aimed at revitalizing the network and significantly enhancing its growth and adoption.
Solana Price Prediction: Potential Rise to $171
In recent developments, Solana’s price has spiked, reaching $136.36, even amid market uncertainties caused by Bitcoin dropping below $60,000. The Solana market is characterized by a descending triangle pattern influenced by Bitcoin’s volatility, yet the $130 support level remains intact, having been tested multiple times in the last 3.5 months.
After momentarily reaching the 200-day SMA, which typically offers strong support, the price rebounded. With a 135% increase in trading volume over the last day, investor interest in Solana is growing. Current predictions suggest Solana could climb to $171, a 25% increase, unless it breaks support levels, which could lead to a fall to $98, $87, or $56.
BlockDAG: Leading the Crypto Presale with 1300% Increase
BlockDAG (BDAG) has quickly become a major player in the presale market with its cutting-edge technology and attractive investment opportunities. By combining a Proof of Work consensus mechanism with DAG architecture, BlockDAG ensures rapid, secure, and scalable transaction processing. Its smart contract development platform, compatible with the Ethereum Virtual Machine (EVM), introduces a groundbreaking approach to distributed ledger technology.
BlockDAG offers multiple revenue streams including a Coin Investment Strategy that benefits from early price increases, Mobile Mining that allows users to earn around 20 BDAG Coins daily via a mobile app, and dedicated mining units. Furthermore, Trade Miners support leveraging BDAG Coin miners on third-party platforms post-presale, broadening investment appeal and reducing risks.
Generating significant excitement in the cryptocurrency community, BlockDAG’s $2 million giveaway is drawing widespread participation with over 84,630 entries and counting, and less than 40 days left to join.
BlockDAG’s current price stands at $0.014 in Batch 19, reflecting a 1300% surge, with $55.2 million raised and 11.9 billion BDAG coins sold. This positions BlockDAG significantly ahead of Solana and the new projects by Fantom Foundation in terms of investment potential.
Conclusion
As Solana’s price predictions continue to be favorable and the Fantom Foundation advances its blockchain projects, BlockDAG is emerging as the standout cryptocurrency in the current market surge. With its advanced technology merging speed, security, and scalability, alongside a significant $2M giveaway and diversified income avenues, BlockDAG is establishing itself as a top market contender.
Invest in the BlockDAG Presale Now:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu