Cardano is banking on innovations from its developer community to boost performance, while BNB is enjoying a price surge after some volatility. As the crypto market picks up again, it’s the newer projects attracting attention. Among them, BlockDAG has stood out with its advanced layer-1 ecosystem. Surpassing market leaders like Cardano and BNB in recent inflows, BlockDAG’s presale is gaining momentum.
The network has raised over $77 million, and its BDAG50 bonus code rollout ahead of a major rebrand has sparked massive interest. With this code driving excitement, BlockDAG is set to take its presale to new heights, positioning itself as one of the top crypto coins of 2024.
Cardano Founder Reacts to Bitcoin Integration Breakthrough
Cardano is making waves with its latest developments in blockchain interoperability. A Bitcoin developer, elraulito, recently unveiled a seamless bridge between Bitcoin and Cardano apps. This bridge allows Bitcoin users to interact with Cardano’s ecosystem without needing a new wallet. Users can send ADA, manage tokens, and stake in Cardano pools using their existing Bitcoin wallets. Cardano founder Charles Hoskinson expressed surprise at the breakthrough, which could pave the way for greater cross-chain connectivity.
The bridge uses a smart contract on Plutus V3, built with tools like Aiken and CIP69, and employs a multivalidator for secure transactions. MeshJS manages off-chain activities, ensuring smooth interactions. This integration not only enhances usability but could also attract a larger user base from other blockchain networks.
BNB Coin Price Surge: Pushing Toward New Highs
BNB has been on a strong upward trend, seeing a fresh increase above the $550 resistance zone. Recently, the BNB coin price surge pushed it to test the $600 mark, with the price consolidating around $585. This momentum has placed BNB in a favorable position, especially as it outperforms both Bitcoin and Ethereum. If the price breaks through $600, it could climb higher, with resistance at $608 and the potential to reach $620 or beyond.
However, if BNB fails to clear the $600 resistance, it could face a correction. Key support levels are at $585 and $575, with the price at risk of dropping toward $560 if these levels don’t hold. Despite the possible downside, BNB’s recent rally has attracted significant attention, making it a notable asset for investors seeking short-term gains.
What’s in the Upcoming BlockDAG Rebrand?
While Cardano and BNB are established players, BlockDAG is the newcomer turning heads. The network recently launched its testnet, a critical milestone in its journey toward releasing a fully functional mainnet. The BlockDAG testnet allows users to connect their MetaMask wallets, mint BDAG coins, and interact with smart contracts, including staking and minting NFTs. The blockchain explorer offers transparency, letting users track transactions in real-time, making it easier for developers and users alike to engage with the platform.
BlockDAG’s approach is forward-thinking, supporting both UTXO and account-based transactions, which adds to its versatility. The project has already raised over $77 million during its presale, with early backers enjoying a staggering 1820% return. One of the most exciting developments is the BDAG50 bonus code, offering a 50% bonus on coin purchases, available until mid-October. This initiative has drawn significant attention, helping BlockDAG outpace even market leaders like Cardano and BNB in terms of inflows during its presale stage.
BlockDAG’s upcoming brand refresh is expected to further elevate its presence in the market, bringing fresh features and a more user-friendly interface. The combination of a well-thought-out roadmap, a growing community, and unique functionalities, such as EVM support and a seamless testnet experience, positions BlockDAG as a serious contender in the crypto space. For those looking for a high-risk, high-reward asset, BlockDAG presents an attractive opportunity.
The Final Take
While Cardano and BNB continue to hold value, BlockDAG is rapidly rising as a top contender for traders eyeing the next big opportunity. The network has raised over $77 million in its presale, delivering 1820% returns for early backers. With its testnet launch and an upcoming rebrand, BlockDAG is gaining momentum fast. The BDAG50 bonus code, rolled out to celebrate the rebrand, offers a 50% bonus on all purchases until mid-October, attracting many traders. As BlockDAG builds one of the most advanced ecosystems, it’s poised to join the ranks of the top crypto coins 2024.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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