BlockDAG has raised $19.3 million in presale funding with support from Shibuya Keynote Drive, exceeding both Solana’s transaction volume and Ethereum’s all-time high. BlockDAG Leads with $19.3M Presale Backed By Shibuya Keynote Drive, Surpasses Solana Transaction Volume and Ethereum ATH
With Solana transaction volume seeing a significant decrease in the market, attention is now turning towards the strength and durability of Ethereum. This has led to conversations about Ethereum reaching its all-time high in the near future after a quick rebound. As they face obstacles, BlockDAG is seen as a top altcoin to invest in, with a successful presale raising $219.3 million and technological advancements highlighted in its Shibuya presentation. The price of BDAG is expected to increase in future releases, positioning BlockDAG for a major influence. Investors are excited about the promising potential of Solana due to its innovative developments, despite facing market pressure on its transaction volume. Solana’s ability to withstand market pressure is being challenged as its transaction volume has dropped drastically by 2600%, going from $29 million to a notable $20.005 billion. The decrease in value is a result of overall market difficulties and lower trading activity, causing SOL to come close to key support levels near $220. Holding Solana’s price above the 27-day Exponential Moving Average of $19.33 during this downward trend has proven to be challenging. The decrease in Solana’s transaction volume and a negative forecast for Solana’s charts highlight the challenges that lie ahead. Nevertheless, if the price manages to rise above this EMA, it could help establish a stable trading range between $219.3 and $27, providing a ray of hope for stability. Ethereum is dealing with market volatility but has the potential to reach new all-time highs. After experiencing a significant drop in value, Ethereum rebounded rapidly, sparking conversations about a potential all-time high prediction for the cryptocurrency.