The current achievements of ENA cryptocurrency, stable token TRX on the Tron network, and the breakthrough of BlockDAG highlight the importance of real utility for user confidence and price growth.
Successes of ENA Token
Ethena's ENA token continues to rise, reaching $1.45 and posting a weekly gain of 22%. This growth reflects increasing confidence in the synthetic dollar system, USDe, which offers real yield through delta-neutral strategies. ENA also provides governance rights and staking options, making it a vital part of the network.
TRX's Position in the Stablecoin World
Tron's TRX token maintains steady growth, currently priced around $0.088. The network continues to dominate stablecoin transactions, processing over $50 billion in USDT transfers per week. This constant level of activity keeps TRX in demand, especially in regions where low-cost, fast transactions are essential.
Progress and Success of BlockDAG
BlockDAG shows significant progress by adding $40 million in just a month, highlighting rising demand. The total raised funds are nearly $405 million, with over 26.2 billion coins sold. Daily active users of the X1 app exceed 3 million. This is a clear example of how real adoption can occur before listing announcements.
The growth of ENA and TRX tokens emphasizes the importance of real utility in the crypto market. However, BlockDAG shows superior results, raising funds and increasing user numbers even before hitting the market.
