As the crypto market finds its footing, Ethereum and Near Protocol are catching eyes with their notable gains. Amidst this renewed market vigor, BlockDAG shines brightly. Known for its robust layer 1 network and cutting-edge features, BlockDAG has launched its testnet to wide acclaim.
In the early stages of its presale, it has already surpassed $76.7 million in raised funds. With the introduction of the BDAG50 bonus code just before a major rebrand, many are jumping at the chance to get more for their money, positioning BlockDAG as a top crypto contender.
Ethereum’s Price Rise Boosts Lido Finance’s Holdings
Lido Finance is riding the wave of Ethereum’s price surge, reporting a significant 10.83% increase in total value locked, now standing at $25.18 billion. Despite some users choosing to pull their Ethereum out, the platform’s staked assets have grown in value.
The seven-day average percentage rate for staked Ether has climbed to 3.17%, reflecting an uptick in network activity and rewards. Trading for staked and wrapped versions of Ether has also seen a 27.49% increase, hinting at higher liquidity, though the amount of wrapped Ether moved across networks has dipped slightly. Notably, shifts in holdings on different blockchains and a decrease in available liquidity pools suggest users are adjusting their strategies.
Near Protocol Breaks Out, Indicating a Bullish Trend
Near Protocol has made a significant move, breaking out from a downward trend it’s been in since May. Just four days ago, its price popped above this downtrend, hinting at a possible change in market direction. After a quick retest the next day, prices have been on an upward trajectory. In the last 48 hours alone, Near Protocol’s token jumped over 20%, and the momentum seems to be holding.
Market watchers are now keeping an eye on several key price levels. Having breached the $5.00 mark, which now serves as a support level, the focus is on upcoming resistance points at $5.70, $6.40, and $7.10. Overcoming these could propel the price toward approximately $8.20. However, if it struggles to break these barriers, it may revisit lower support levels.
BlockDAG Unveils Testnet and Offers 50% Bonus Ahead of Major Rebrand
Exciting news from BlockDAG: on September 20, 2024, they launched their testnet along with a detailed blockchain explorer, marking a significant step toward the release of their mainnet. This new development allows the community to dive into the blockchain, testing its features and experiencing the potential of what BlockDAG is creating.
The testnet debuts with several advanced tools. The blockchain explorer, for example, enables users to access intricate details about each block, such as size, timestamp, and transactions. It supports both UTXO and account-based addresses and is compatible with the Ethereum Virtual Machine (EVM), allowing users to follow transactions in real time. This functionality enhances the user experience, making it more interactive and seamless.
Users can now mint BDAG coins on the testnet via a blockchain faucet and manage them through the MetaMask wallet. The platform also supports testing of smart contracts—you can experiment with minting NFTs, staking coins, or even burning tokens. With real-time transaction monitoring, users stay informed about the latest network activities, boosting engagement and familiarity with the system.
As BlockDAG gears up for a major rebrand, they’re adding to the excitement by offering a 50% bonus on all coin purchases until October 14th. By entering the code ‘BDAG50’ at checkout, participants can take advantage of this special promotion, which has already greatly enhanced the $76.7 million presale’s momentum.
Final Thoughts
While the recent price surges of Ethereum and the breakout of Near Protocol are garnering attention, BlockDAG is quickly establishing itself as a prominent figure in the crypto market. With over $76.7 million already raised and early participants enjoying significant gains, BlockDAG is drawing a wide circle of enthusiasts.
Anticipation is high as the network prepares for a substantial rebrand, promising exciting updates to its website and platform. In celebration, the offer of a 50% bonus on coin purchases using the code ‘BDAG50’ is stirring up considerable enthusiasm, positioning BlockDAG as a prime choice for those eager to embrace new opportunities in the crypto space.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
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