ADA Falls Victim to Hostile Market & Tron Introduces ‘Gas-Free’ Week—500K Users Turn to BlockDAG’s X1 App to Mine Crypto!
The post ADA Falls Victim to Hostile Market & Tron Introduces ‘Gas-Free’ Week—500K Users Turn to BlockDAG’s X1 App to Mine Crypto! appeared on BitcoinEthereumNews.com.
The hostility of the crypto market was definitely on display these past few weeks. With Cardano ADA’s price currently fighting constant downward trends, and Tron introducing a ‘Gas Free’ initiative to reignite market dominance, the market has taken many hits and tolls. But the real story attracting attention is the X1 crypto mining app by BlockDAG (BDAG)! The project has redefined the term ‘sustainable mining’ with its range of miners, but its X1 mobile mining application powerhouse makes crypto mining eco-friendly and inclusive. Over 500K users are already actively mining on X1, but the app’s crypto reign is just beginning. Cardano ADA Price Descends: Hostile Market Culprit? The Cardano ADA coin is currently in survival mode. The current ADA price hovers at the critical support level of $0.65, with a further fall to $0.50 not out of the question. Not helping Cardano ADA’s case is the Chaikin Monkin Flow (CMF) also pointing to worsening conditions. However, the overall depreciation of the wider crypto-market has been a major factor in shaping the ADA price as well. But Cardano ADA is showing resilience! With a proposed Cardano ADA ETF upcoming, investors are optimistic about Cardano ADA’s future price. On a positive note, the depreciation of the ADA price can be linked to the volatility of the entire market. Tron’s ‘Gas Free’ Week: Eliminates USDT Fees For the next week, Tron will make USDT transactions free of charge! Tron has introduced a ‘Gas Free’ week, eliminating the need to pay transaction fees, or a Tron gas fee, via TRX tokens. Aiming to re-claim its title of a cost-effective network, Tron looks to ease the use of stablecoins across the industry. Tron’s agenda is to implement ‘gas-free’ transactions to other coins. Justin Sun, the founder, hopes to get other compatible blockchains like Ethereum on…
Filed under: News - @ March 2, 2025 12:10 am