Recently, the market's attention has turned to two cryptocurrencies: Stellar (XLM) and Cronos (CRO), each showing different trends. While the former is facing difficulties, the latter is experiencing active growth due to institutional deals. Meanwhile, the BlockDAG project stands out amid these changes.
Success of BlockDAG and Major Player Participation
BlockDAG's presale has reached a new phase, with significant market players investing over $4 million. This has led to increased interest and new investments in the project. Currently, BlockDAG has reached the price of $0.0013 per token, setting a uniform price for all participants during the last 30 days before launch.
Cronos Cryptocurrency: Institutional Support
Cronos (CRO) has significantly surged following the announcement of a $6.4 billion deal between Trump Media & Technology Group and Crypto.com. This announcement helped CRO reach levels not seen since mid-2022 and sparked discussions about the future of the token amid growing institutional support.
Stellar Situation: Cautious Approach
Stellar (XLM) is showing signs of caution as prices decrease. In late August, XLM fell from $0.398 to $0.380, testing key support levels. It is expected that XLM may return to the $0.45 level, but technical indicators remain mixed.
The comparison of Stellar and Cronos highlights different market dynamics. While Cronos demonstrates strong growth due to institutional investments, Stellar is facing challenges. However, the BlockDAG project distinguishes itself by combining successful fundraising with real adoption indicators and keen interest from major investors.
