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Analysis of Cryptocurrencies: Solana, Polkadot and BlockDAG Achievements

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by Giorgi Kostiuk

2 days ago


This article examines the achievements and current status of the cryptocurrencies Solana, Polkadot, and BlockDAG.

BlockDAG Success

BlockDAG has raised $405 million in pre-launch funding, making it one of the top projects in the cryptocurrency space. A total of 26.2 billion coins have been sold, and over 3 million users mine daily through the X1 app. These are impressive figures that show the project's real success in the market.

Polkadot Developments

Polkadot developers are working on increasing parachain speeds and exploring new governance opportunities. Accepted referendums allow for the addition of USDC and USDT to Treasury reserves; however, the DOT token value has declined to $3.75 despite the infrastructure improvements.

Solana Prospects

Solana has managed to rebound from $194 and reclaim $210, but resistance at $212 holds further moves. Analysts note important support levels around $200 and growth opportunities up to $227 if it can hold above $206.

Attention remains on the developments of Solana and Polkadot, but BlockDAG's results highlight it as one of the most successful projects in the current cryptocurrency environment.

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