BlockDAG’s Record-Breaking Presale Crosses $100M – Ethereum & BNB Followers Jump on Board Before It’s Too Late
The post BlockDAG’s Record-Breaking Presale Crosses $100M – Ethereum & BNB Followers Jump on Board Before It’s Too Late appeared on BitcoinEthereumNews.com.
BlockDAG has just made a significant leap towards becoming a top crypto contender by gathering $101.3 million from 24 rounds of its highly sought-after presale. This success has thrust BlockDAG (BDAG) into the limelight, overshadowing news about Ethereum validators and the rising prices of Binance Coin, and positioning it as the leading crypto this week. The recent launch of its test network has been well-received for its speed and security, and it’s now seen as a possible challenger to networks like Kaspa or Solana. Early participants have enjoyed a huge 1960% gain. With Ethereum validators growing rapidly and Binance Coin prices climbing, BlockDAG’s presale success points to it as a rising leader in the crypto market. Ethereum Validators Achieve Major Growth Over the past year, Ethereum validators have increased by over 30%, reaching over one million for the first time in June 2024. This growth, from 824,300 in September 2023, shows more and more big organizations are choosing Ethereum. The growth is driven by new ways to stake and re-stake, which let validators use their funds more effectively and make money on decentralized finance platforms. The total Ethereum staked has also grown impressively, up 27% this past year. Now, over 34.7 million ETH is staked, largely thanks to the Shanghai upgrade in April 2023, which let ETH holders unstake their tokens for the first time since the shift to Proof-of-Stake. Binance Coin Price is Climbing Binance Coin’s price has been climbing, recently hitting over $600 for the first time since late September 2024. Now at $601, BNB could potentially rise to $800—a 35% increase. Analysts are keeping an eye on BNB as its price starts forming an ascending triangle pattern, suggesting the rise might continue. The market feels positive about BNB, with $64.98 million in long positions outweighing $34.04 million…
Filed under: News - @ October 24, 2024 7:20 pm