Sei and Near Protocol have seen positive developments, with SEI price and NEAR token values rising. However, despite these gains, investors and markets are focusing on BlockDAG as the new crypto to invest in. BlockDAG‘s presale has raised over $40.8 million, reflecting strong investor interest. The project has also launched a new dashboard update, enhancing community experience and transparency. Additionally, BlockDAG’s recent keynote showcased its technical prowess, reinforcing its potential as one of the best blockchain projects. Grayscale Investments has also shown interest, highlighting its growing appeal.
Positive Trends Boost SEI Price
The SEI price has surged by 9.41% in the past 24 hours, now trading above $0.57. This increase is driven by the Sei v2 upgrade proposal, which aims to enhance Ethereum compatibility and overall performance. The proposal includes integrating a parallelized Ethereum Virtual Machine (EVM) and leveraging Geth for better interoperability with Ethereum-based contracts.
The community’s response to the upgrade has been overwhelmingly positive. With voting starting on May 20th and ending on May 25th, over 1.47 billion SEI tokens have been cast in favor of the upgrade, with no opposing votes. This strong support highlights the community’s belief in the upgrade’s potential to improve performance, scalability, and compatibility for the Sei blockchain.
Grayscale Investments and Near Protocol
Grayscale Investments recently launched the Grayscale Near Trust, giving accredited investors access to NEAR, the native token of Near Protocol. This trust, opened on May 23rd, allows daily subscriptions for diversified crypto exposure. The Grayscale Stacks Trust was also launched, focusing on the STX token. Grayscale’s Head of Product & Research, Rayhaneh Sharif-Askary, emphasized the company’s commitment to advancing the crypto ecosystem through these new investment trusts.
The launch of the Near and Stacks trusts coincides with increased interest in blockchain scalability solutions. Grayscale’s Ethereum ETF application refile has bolstered the likelihood of approval, raising Bloomberg analysts’ predictions from 25% to 75%. Grayscale’s spot bitcoin ETF, GBTC, continues to hold significant assets, amassing $20.08 billion as of May 23rd. With these developments, Near Protocol is gaining traction as a scalable blockchain solution.
BlockDAG: The Presale Phenomenon
BlockDAG is rapidly becoming the new crypto to invest in, particularly highlighted by its second keynote. This keynote, presented with a touch of humor from the moon, confirmed the project’s intent to dominate the blockchain space. Key announcements included the release of the X1 App, updates on the blockchain, the all-human Team DOX, global marketing updates, and significant roadmap enhancements. The keynote also celebrated milestones like the mainnet launch, ecosystem expansion, and recognition by prestigious publications such as Forbes and Bloomberg.
A major focus of the keynote was BlockDAG’s development updates. These included over 45 development updates, all accessible on the “Dev Releases” section of the official website. The keynote also detailed BlockDAG’s Detailed Acyclic Graph (DAG) implementation, which ensures efficient handling of concurrent operations, speed, and security. Additionally, the DAG-based Proof of Work (PoW) consensus eliminates the need for miners by confirming multiple transactions simultaneously, thus enhancing scalability.
BlockDAG’s X Series miners were another highlight. The X10, X30, and X100 miners cater to different mining needs with varying hash rates and efficiency levels. The X1 Miner App, currently in beta, offers a user-friendly mining experience on both Android and Apple platforms. The X10 miner, designed for home use, boasts a 100 MH/s hash rate. The X30 miner offers 280 GH/s, and the X100 miner provides an impressive 2 TH/s hash rate. These miners, combined with BlockDAG’s robust development and community engagement, make it a compelling choice for investors.
Key Insights
While Sei and Near Protocol are making significant strides, BlockDAG stands out as the best new crypto to invest in. BlockDAG’s presale has raised over $40.8 million, demonstrating strong investor interest. Its innovative dashboard features, such as user rank displays and wallet functionalities, enhance transparency and community engagement. The X Series miners, including the X10, X30, and X100, cater to different mining needs with impressive efficiency. These factors make BlockDAG a compelling choice for investors. Compared to SEI price movements and Grayscale Investments’ new trusts, BlockDAG offers unmatched growth potential and investor appeal.
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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