Home web3.0 BlockDAG Presale Clocks $59.8M Post Viral CGI Video; Where do Solana & Avalanche Stand in the Crypto Race?

BlockDAG Presale Clocks $59.8M Post Viral CGI Video; Where do Solana & Avalanche Stand in the Crypto Race?

Jul 22, 2024 am 08:03 AM

The Solana (SOL) price continues to impress, marking a significant uptick this year. Meanwhile, recent Avalanche News suggests potential gains, but uncertainties linger

BlockDAG Presale Clocks .8M Post Viral CGI Video; Where do Solana & Avalanche Stand in the Crypto Race?

The Solana (SOL) price continues to impress, marking a significant uptick this year. Meanwhile, recent Avalanche News suggests potential gains, but uncertainties linger around its technical thresholds. With that, BlockDAG positions itself as a formidable contender in the crypto adoption race for its consistency in its ongoing presale.

With a presale that has surged to $59.8 million, BlockDAG is paving the way for revolutionary changes in the digital currency domain. The project recently released a groundbreaking CGI video, highlighting its advanced capabilities and potential to soar above other cryptos.

Solana Price Trends: Steady Ascent in Crypto LandscapeThe Solana (SOL) price has witnessed a remarkable journey this year, ascending to new heights with a year-to-date increase of over 500%, recently surpassing the $150 mark. The Solana (SOL) price now stands at $161.03 after a modest 1.4% gain in the last 24 hours.

The technical landscape for Solana (SOL) price looks promising, evidenced by the bullish pennant pattern observed on the daily charts, hinting at potential upcoming price rallies. Following an 18% rise last week, this pattern suggests sustained investor interest and hints at possible further gains. Meanwhile, market fundamentals reinforce this outlook, with a surge in Futures trading activity and a rise in network engagement.

Avalanche News: A Look at Trends & Market MovementsRecent Recent Avalanche news highlights predictions of a potential 40% price increase for Avalanche (AVAX) to reach $38 by early September, contingent on its ability to surpass the current support level. This optimistic forecast hinges on technical indicators where, despite a positive price trajectory, there’s concern that Avalanche’s daily Relative Strength Index (RSI) cannot break its descending resistance line.

In other Avalanche news, the token’s market dominance has seen a decline, dropping from 0.92% to 0.50%. In response, Avalanche is leveraging the new Interchange Token Transfer (ICTT) to bolster its market presence. On July 10th, the cryptocurrency tested its resistance level, reinforcing

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