Investors cast their votes with numbers, and BlockDAG is winning the popularity contest with over 81,000 enthusiasts rallying on its X platform. This wave of support has catapulted its presale earnings to a hefty $58 million, distributing more than 12 billion coins. This surge in popularity edges BlockDAG nearer to its ambitious $100 million target before its official launch. Meanwhile, Ethereum continues to rule the blockchain realm with its hefty fee revenues. However, the race heats up for the inaugural US-approved Solana ETF, with 21Shares and VanEck vying for the lead.
Ethereum’s Command Over Fee Revenues Unveiled
Recent data from Lookonchain spotlights Ethereum’s command at the forefront of annual fee revenues among the top ten blockchains, amassing upwards of $2.7 billion—towering over competitors like Bitcoin and Tron. Following are Solana, BSC, and Avalanche with significant earnings of their own. Despite the infamy of Ethereum’s high gas prices, introducing layer 2 solutions such as zkSync Era and Optimism has eased the cost, dropping average transaction fees to about 5 gwei, or roughly $0.27.
The escalating activities in Ethereum-based Dapps, witnessing a 300% boom in volume, further cement Ethereum’s fee revenue dominance and its strides in scalability.
21Shares and VanEck Ignite the Solana ETF Chase
The arena is set by 21Shares, pioneers of the Spot Bitcoin ETF, who have now thrown their hat into the ring for the first US-approved Solana ETF, sparking a fierce rivalry with VanEck. Both contenders aim to lead the way, potentially accelerating the SEC’s review process as it contemplates several proposals.
While the SEC’s decision-making could span months, the air is thick with anticipation, as the regulator might greenlight one, or possibly none, depending on the regulatory landscape and market forces.
BlockDAG’s Social Media Magnetism Draws $100M Closer
One name consistently stands out when scanning the latest investment trends: BlockDAG. This rising star in the crypto universe is gaining immense traction across social media platforms in a short span.
With over 81,000 followers on the BlockDAG X platform and a lively Telegram community of more than 51,000 members, the excitement among investors is palpable. This growing online presence significantly enhances BlockDAG’s visibility and fosters a robust, supportive network—essential for its continued growth and success.
The enthusiasm from this engaged community has driven the presale to extraordinary levels, amassing $58 million and distributing over 12.09 billion coins. Now in its 20th batch, priced at $0.015 and soon to rise to $0.015, BlockDAG is well on its way to reaching the $100 million mark ahead of schedule, with the mainnet launch anticipated in just four months.
This remarkable social media buzz heightens investor anticipation and dedication, solidifying BlockDAG’s reputation as a prime investment in the highly competitive digital currency market.
BlockDAG’s Remarkable Surge
In the face of Ethereum’s massive fee revenues and the intense rivalry between 21Shares and VanEck, BlockDAG is experiencing phenomenal growth on social media. This surge boosts its visibility and bolsters investor confidence. With over 81,000 followers on X and a thriving Telegram community exceeding 51,000 members, BlockDAG sets new standards for engagement and support in cryptocurrency. As it races toward its $100 million target ahead of the mainnet launch, BlockDAG showcases the hallmarks of a top-tier investment opportunity, fueled by robust community backing and an innovative approach to digital technology.
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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