Avalanche’s recent 53% surge since March 11 has sparked market optimism. However, a TD Sequential sell signal indicates that AVAX might soon experience downward pressure. Maintaining a price above $22 is challenging, and a fall below $20 could push it toward $17.
On another front, HyperLiquid is compensating JELLY token holders at $0.037555 each following a significant liquidation event, alongside implementing enhanced risk controls and open interest limits to prevent future issues. These developments suggest a trend towards cautious optimism and proactive adjustments.
BlockDAG (BDAG) is on a different trajectory. With Keynote 3, it announced the shipment of over 10,000 X-series miners prior to its mainnet launch, and the activation of a Beta Testnet that’s showing double the previous speed, alongside growing user engagement from applications like TG Tap Miner. The introduction of DeFi tools, smart contract capabilities, and international developer initiatives indicate that BlockDAG’s progress is not merely speculative but structurally sound. This isn’t just a recovery; it’s a redefinition of what a Layer 1 platform can achieve before its official rollout.
Avalanche Up 53%, But Sell Signal Emerges
Avalanche (AVAX) has increased by over 50% since March 11, recovering from a severe drop that slashed its value by more than 70% since December 2024. Currently trading near $21.80, AVAX is struggling to hold above the $22 resistance level, raising concerns about the sustainability of this rally.
Analyst Ali Martinez pointed out a TD Sequential sell signal on the 12-hour chart, suggesting that AVAX might soon enter a pullback or stabilize. If AVAX drops below $20, it could decrease toward the $17 support area. Conversely, breaking above $30 would indicate a stronger upward trend.
This is a crucial period for the market as AVAX shows signs of rebounding, but technical indicators advise caution. Monitoring its price behavior around the $20 and $22 levels will be crucial to understanding whether the current momentum will sustain or diminish.
HyperLiquid Compensates JELLY Holders Post-Liquidation
HyperLiquid, a decentralized derivatives trading platform, will issue reimbursements to those impacted by the recent JELLY token liquidation at a fixed rate of $0.037555 per token, as announced on March 28.
In reaction to the liquidation, HyperLiquid is tightening its risk management strategies. New protocols include setting a maximum loss limit on the Liquidator vault to prompt automatic deleveraging when exceeded, and revising open interest limits according to market capitalization.
Furthermore, validators will consider removing tokens that fail to meet liquidity and market cap criteria. These enhancements are designed to improve user protection and reduce the likelihood of similar events in the future, positioning HyperLiquid as a potentially more secure option for derivatives traders.
BlockDAG’s Keynote 3 Marks a New Era—From Plans to Performance
BlockDAG’s Keynote 3 has transformed it from a plan to a player in the crypto field. The Beta Testnet V1 is now operational, and the shipment of miners has begun. CEO Antony Turner and his team have ensured that over 10,000 X-series miners are set for delivery before the mainnet launches, preparing the ground for a robust, fast decentralized network.
This upgraded testnet offers double the speed of its predecessor, featuring tools for visualizing smart contracts, creating tokens and NFTs without code, and interactive decentralized apps (dApps). Regular airdrops are rewarding the early testers, boosting the growing user base.
Moreover, BlockDAG is rolling out a comprehensive DeFi toolkit, which includes stablecoins, swapping functions, and lending features, all compatible with the Ethereum Virtual Machine (EVM). Initiatives such as the BlockDAG Academy, $100K hackathons, and a global ambassador program are attracting developers from around the world.
Keynote 3 has clearly established BlockDAG as a leader among Layer 1 projects, ready to operate at over 2,000 transactions per second (TPS) from the get-go, with plans for immediate exchange listings and a rapidly expanding ecosystem. This is more than just progress—it’s a revolution in the making.
Current Market Movements and Future Foundations
As AVAX traders ponder whether to surpass the $22 mark or brace for a fallback, and JELLY users receive compensation, HyperLiquid is implementing retrospective measures. Both are coping with past challenges and market volatility. In contrast, BlockDAG is proactively building a stable base for future growth.
Keynote 3 didn’t merely signal progress; it demonstrated readiness. With a robust mainnet capable of handling 2,000+ TPS soon to launch, live tools for smart contracts and NFTs, and confirmed exchange listings, BlockDAG is setting a fast pace. Already, over 800,000 users are engaging with the X1 App, and developers are actively participating, fueled by attractive incentives. The crypto presale, having raised $210 million, shows no signs of slowing down.
While AVAX and HyperLiquid are addressing past issues, BlockDAG is crafting the foundation for future success. The division between mere plans and actual delivery is distinct, and BDAG is already at the forefront.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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