The post RNDR Migrates to SOL, Mantle Price Surges, & BDAG Presale Gains  appeared on BitcoinEthereumNews.com.

Crypto News: Who is the CEO of BlockDAG, Why Render Moves to Solana and What is Making Mantle’s Price Surge?  Render and Mantle have made headlines with their recent market activities and network developments. Render Network (RNDR) is transitioning from Ethereum to Solana to benefit from faster, cheaper transactions, while Mantle’s price surge has drawn attention due to new exchange listings and favorable market conditions.  However, BlockDAG stands out with its promising presale phase, innovative DAG structure, and upcoming CEO reveal, which has investors eagerly anticipating its potential for significant returns. This blend of technical advancement and strategic planning positions BlockDAG as a noteworthy project in the crypto space. Render Network Ditches Ethereum for Solana  The Render Network (RNDR) is transitioning its token from Ethereum (ERC-20) to Solana (SPL) to leverage Solana’s faster and cheaper transactions. This migration, approved by a community vote, maintains a 1:1 token swap ratio. Moreover, recent network activity shows increased adoption, with active addresses up 13.37% in a week.  Additionally, retail investors are buying more RNDR, compensating for reduced holdings by larger investors (whales). Consequently, this shift is critical as smaller holders have increased their balances by 14.54%, while the lower cohort holding 1 to 10 tokens saw a 10.79% increase. As a result, RNDR’s price, currently at $7.76, is expected to rise to $8.37 if retail interest continues to counterbalance potential whale sell-offs. Mantle Price Rockets Upward  Mantle’s price has surged recently, showcasing significant upward momentum. Specifically, the token experienced a sharp climb due to increased market interest and favorable trading conditions. This surge followed announcements of new exchange listings, enhancing liquidity and visibility. Analysts attribute this rise to positive investor sentiment and market dynamics.  Consequently, market experts suggest that if MNT continues its current trajectory, it could see further gains. However, they caution…

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Filed under: News - @ July 23, 2024 10:20 pm