BlockDAG Can Surge to $10 in 2025; SOL & VET Face Price Uncertainties
The post BlockDAG Can Surge to $10 in 2025; SOL & VET Face Price Uncertainties appeared on BitcoinEthereumNews.com.
In recent news, an upcoming Mainnet Solana upgrade has brought expectations of a potential bullish run. Besides, VeChain’s (VET) price has fallen below crucial support. Amid these uncertainties, investors are increasingly betting on BlockDAG (BDAG), the most advanced Layer-1 with a powerful DAG-based PoW consensus. After a historical 1,120% surge, the crypto is estimated to rise from $0.0122 to $10 in 2025. It can unlock a 30,000x ROI. The platform has delighted the miner community with its power-packed X100 mining rig, outshadowing even the most powerful Bitcoin miners. Could the Mainnet Solana Upgrade Save SOL? The upcoming v1.18.15 Mainnet Solana upgrade has triggered rising demands on SOL’s network. Once complete, this upgrade will lower congestion issues, unlocking a more efficient and stable user experience. While traders hope for a price rally toward $250, SOL’s overall market sentiment remains cautious. Despite a slight price rise to $159.62, its trading volume has dipped by 20%, revealing dwindling trader interest. SOL had previously hit an all-time high of $260.06. However, experts worry if this upgrade alone is enough to boost Solana’s price in the coming weeks. VeChain (VET) Price Drops Below Crucial Support The VeChain price recently dropped below the crucial support level of $0.03289, revealing a bearish trend. This dip indicates long-term selling pressure and further price dips. Presently, VET trades at $0.03266 and has a market cap of over $2.3 billion. Although VET’s price has dropped by 0.61%, its trading volume shows a surge of 36.06%. VeChain’s RSI and 100-day SMA indicators reveal a continuing downward trend, and an RSI below 50% shows high selling pressure. If the crypto drops below its $0.03267 support, it may spiral to $0.01820. BlockDAG Price Forecast: 30,000x ROI Imminent? BlockDAG is an innovative blend of advanced proof-of-work (PoW) consensus and directed acyclic graph (DAG) structure.…
Filed under: News - @ June 14, 2024 12:24 am