Solana

CoinMarketCap listing, BlockDAG celebrates Piccadilly Circus milestone amid Solana setbacks and Cardano price gains

Published

9 months ago

12 May, 2024

While Solana struggles with network congestion and Cardano shows only slight growth, BlockDAG turned heads with its spectacular exhibition at London’s Piccadilly Circus. Celebrating its listing on CoinMarketCap, BlockDAG has already raised over $24.6 million in its ongoing presale, with its user-friendly technology platform generating considerable interest. Analysts predict an astonishing 30,000x ROI potential, making BlockDAG the cryptocurrency with the highest predicted ROI currently on the market.

Solana faces setbacks with network congestion in April

April 2024 was a difficult month for the Solana ecosystem, which faced severe congestion issues triggered by an increase in meme coin trading. This caused transaction failure rates to rise as high as 75% for several days. In response, Solana developers implemented update v1.17.31 on April 12, aiming to resolve congestion by introducing improvements and a new “timely voting credits” system to speed up responses. validators, which is crucial to improving transaction throughput.

Cardano Sees Modest Rise Despite Market Recovery

The crypto market showed signs of recovery in early May 2024, and although Cardano’s price briefly rose from $0.42 to $0.48, it struggled to break above the $0.50 threshold , then settling at around $0.45. This represents a modest increase of 7.7% over the month, contrasting with larger gains in the broader altcoin market. Nonetheless, investor interest in Cardano remains, as evidenced by a 6% rise in open interest on Coinglass for ADA futures, alongside the price rise.

BlockDAG’s Piccadilly Circus event marks a milestone

BlockDAG’s dynamic exhibition at Piccadilly Circus not only marked its successful listing on CoinMarketCap, but also highlighted the strong performance of its presale, which has now reached $24.6 million with over 8.815 billion coins sold. At the heart of BlockDAG’s appeal is its low-code/no-code technology platform, which simplifies the process of creating meme coins and NFTs, making them accessible to users with limited technical knowledge. This democratization of digital asset creation is rapidly expanding the BlockDAG ecosystem.

Anticipation around BlockDAG continues to grow, driven by its simple yet powerful technology that appeals to both novice and experienced users. This innovative platform increases BlockDAG’s pre-sales numbers and lays the foundation for exponential growth. Crypto analysts see a potential increase to $30 by 2030, highlighting BlockDAG’s promising future as the crypto with the highest potential ROI.

BlockDAG sets a new standard in crypto innovation

As Solana overcomes its operational challenges and Cardano sees tepid growth, BlockDAG is attracting global attention with its impressive performance and technological innovations at Piccadilly Circus following the CoinMarketCap listing.

Having surpassed $24.6 million in pre-sales and recognized as a leading choice for high ROI, the BlockDAG platform offers a simple path to the world of cryptocurrency creation. As it continues to make waves internationally, BlockDAG represents a great investment opportunity for those looking to capitalize on the next big thing in the crypto world.