DeFi
Targeting $30 by 2030 with the power of influence, while Solana falters and Polygon flourishes in DeFi » The Merkle News
Solana is struggling with bearish forces, with declining prices and market outlook. Conversely, Polygon is consolidating its influence in the DeFi sector, with its MATIC token gaining ground. BlockDAG (BDAG) is shining brightly, with a 1,120% increase in pre-sales and ambitious pricing targets. Backed by strong influencer support and innovative technology, BlockDAG aims to reach $10 by 2025, $20 by 2027, and $30 by 2030, providing an attractive investment prospect.
Solana faces downward pressure as prices fall
Solana (SOL) oscillated in a sideways trend from April 13 to May 15. The upward buying force pushed SOL past its upper limit on May 16, reaching a high of $187 on May 20. breakout mark of $162. Currently, SOL is trading at $154, 5% below its breakout point and 20-day exponential moving average (EMA), signaling reduced buying enthusiasm and increased selling.
The MACD indicates increasing selling pressure for Solana (SOL), with a bearish turn in the futures markets and a 15% drop in open interest to $2.2 billion. This negative aura could push SOL price to $135.
Blockchain Polygon: major movements and DeFi impact
The Polygon blockchain is making waves in the world of decentralized finance (DeFi), with its MATIC token gaining widespread adoption. Polygon enhances DeFi applications with its infrastructure, enabling borrowing, lending, and stablecoin functions. Its offerings, including Polygon PoS, Polygon CDK, and Polygon zkEVM, enable developers to build scalable and secure DeFi applications.
Leading dApps like Polymarket, Aave, QuickswapDEX, Azuro Protocol, Balancer, and Yearn run on Polygon. Polymarket, betting on future events, recorded $62 million in transactions in May. Aave, Polygon’s leading DeFi protocol, holds a TVL of $460 million, facilitating liquidity to earn interest and borrow assets.
BlockDAG Price Prediction Climbs With Support From Influencer Arya
The recent Keynote 2 event generated global interest, attracting cryptocurrency enthusiasts, investors, influencers, academics and all cryptocurrency aficionados. BlockDAG’s presale success was significantly boosted by a popular crypto influencer, Aryain his recent YouTube video.
Arya’s video featured Keynote 2, BlockDAG’s website, the launch of the X1 Miner app, and the committed team behind the project, sparking increased interest and investment. She also looked at the upcoming launch of BlockDAG’s mainnet in four months. With the success of the Devnet milestones and the Testnet launch planned for mid-August, media endorsements have reinforced the reliability of BlockDAG.
BlockDAG integrates a cutting-edge proof-of-work (PoW) mechanism with a directed acyclic graph (DAG) structure to redefine the crypto landscape. The presale has already raised $51.1 million, with a staggering 1,120% increase, taking the price from $0.001 in lot 1 to $0.0122 in lot 18, selling over 11.6 billion BDAG coins and over 7,800 miners, raising $50 million. Experts predict that BlockDAG’s price could reach $10 by 2025, $20 by 2027, and $30 by 2030, describing it as a promising investment.
The rapid success of BlockDAG’s presale is sparking urgency and FOMO among potential investors. The remarkable 1,120% increase and substantial capital raised highlight the strong interest and confidence in BlockDAG’s future. Investors looking for substantial returns and innovative technology in crypto should consider BlockDAG as a top investment choice.
Final Thoughts
Solana is struggling with bearish tides, with its price falling below crucial thresholds amid growing negative sentiment. Meanwhile, Polygon has consolidated its position in the DeFi landscape, providing solid infrastructure for various financial applications and enjoying substantial adoption of its MATIC token.
On the other hand, BlockDAG stands out as an exceptional investment prospect, fueled by a 1,120% increase in pre-sales, strong endorsements, and revolutionary technology. With forecasts to reach $10 by 2025, $20 by 2027, and $30 by 2030, BlockDAG’s advanced PoW-DAG structure, multimedia support, and progressive developments make it a formidable player in the crypto market.
Join the BlockDAG presale now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclosure: This is a sponsored press release. Please do your research before purchasing any cryptocurrency or investing in any project. Read the full disclosure here.