Crypto Streets Buzzing Over BlockDAG’s Testnet Drop: Is BDAG Coin the Next Breakout?

Crypto enthusiasts have a lot to watch this week as major developments unfold for BlockDAG, Solana, and XRP.

BlockDAG ’s testnet has finally gone live after raising an impressive $73.5 million in presale revenue. Holders with 7,500 BDAG coins can now migrate their coins to the testnet from devnet, explore NFTs, and test decentralised apps.

Over on Solana’s news, network activity has hit new highs, with over 5.4 million daily active addresses showing the platform’s strong user engagement. 

Solana News: 5.4M Active Addresses

Solana recently hit a record with over 5.4 million daily active addresses, reflecting a surge in user engagement and network activity. While SOL’s price has dipped 2.63% to $131.36, this increased network activity may signal a potential rebound.

Key technical indicators show SOL facing resistance around the $140 mark, while the $125 level offers support. The token’s Relative Strength Index (RSI) sits at 34.53, hinting that SOL may be nearing oversold territory, a common signal for a recovery.

XRP Remained Mostly Flat

As market volatility rises, XRP’s price has remained mostly flat but shows signs of gaining strength. After rebounding from key support, XRP is trading within a bullish pattern.

Technical indicators, including the MACD and RSI, suggest that the current buying pressure could prevent a bearish crossover, paving the way for an upward trend. 

BlockDAG’s Testnet Goes Live

BlockDAG’s long-awaited testnet is finally here, and it’s truly shaking things up. Just speculations for this launch drove presale numbers to a whopping $73.5 million. Now that the testnet is live, demand for BDAG is about to hit another level. Why? Because BlockDAG’s testnet is no ordinary upgrade—it’s proof that the project is built on a solid technical foundation with a forward-thinking team steering the ship.

The testnet brings some serious tools to the table. The Blockchain Explorer offers real-time tracking of transactions, while Ethereum Virtual Machine (EVM) support allows developers to easily test smart contracts and build dApps.

Users can mint coins, stake, transfer via MetaMask, and mint NFTs. To migrate coins from the devnet to the testnet, holders must have at least 7,500 BDAG, making it essential for users to accumulate enough to participate fully.

Right now, BDAG can be bought for $0.0178 in batch 22. BlockDAG’s testnet is live, and this price won’t stay like this for long.

Conclusions

With BlockDAG’s testnet now live, bringing with it features like MetaMask integration and Ethereum Virtual Machine (EVM) support, the network is rapidly evolving into a promising crypto platform of 2024.

For those looking to get in early, BDAG is still priced at $0.0178 per coin.

Learn About BlockDAG:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu

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