Ethereum

Ondo

2024

BlockDAG

Million

As the crypto market witnesses significant movements, three coins are drawing considerable attention: Ondo Finance (ONDO), Ethereum (ETH), and BlockDAG (BDAG). ONDO’s impressive surge, reaching a TVL of $453 million and a market cap of over $1.5 billion, highlights its growing appeal among investors.
Meanwhile, Ethereum’s recent volatility, spurred by the unexpected approval of Ethereum ETFs by the US SEC, has the market buzzing about its potential. Yet, amidst these notable developments, <a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">BlockDAG </a>stands out with its innovative dashboard update and robust presale performance, raising $34.7 million and offering a unique, user-friendly blockchain experience that sets it apart from its competitors.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"></a>
<h2 class="wp-block-heading" id="strong-ondo-finance-ondo-hits-new-all-time-high-what-s-driving-the-surge-strong">ONDO Finance (ONDO) Hits New All-Time High: What’s Driving the Surge?</h2>
On May 22, Ondo Finance (ONDO) achieved its highest-ever total value locked (TVL), peaking at $453 million. The ONDO price has surged over 8% in the past 24 hours, reaching $1.15 and a market cap of more than $1.5 billion. The daily trading volume also soared by 130% to $455 million.
According to DeFiLlama, ONDO’s TVL reached $453 million on May 22. IntoTheBlock data shows a 52.3% increase in large transaction volume, with 84% of holders in profit and 15% at breakeven. The concentration by large holders is high at 92%.
For ONDO’s rally to continue, it must sustain above $1.04. Considering its recent performance and institutional interest, ONDO presents a compelling investment opportunity.
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1600" height="900" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-967.png" alt="" class="wp-image-499144" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-967.png 1600w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-967-300x169.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-967-1024x576.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-967-768x432.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-967-1536x864.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-967-2048x1152.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-967-267x150.png 267w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-967-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-967-622x350.png 622w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-967-788x443.png 788w" sizes="(max-width: 1600px) 100vw, 1600px">
</figure>
<h2 class="wp-block-heading" id="strong-ethereum-price-prediction-as-sec-approves-ethereum-etfs-what-s-next-for-eth-strong">Ethereum Price Prediction as SEC Approves Ethereum ETFs – What’s Next for ETH?</h2>
Ethereum (ETH) is experiencing volatility after the unexpected approval of spot Ethereum ETFs by the US SEC. Just a week ago, the market was bracing for a rejection, making this a surprising turn of events. ETH is currently trading around $3,800, down from session highs near $4,000, but significantly up from lows of $3,520.
Why does this matter? The approval is expected to attract institutional investors, increasing liquidity and adoption. This could push Ethereum’s price higher, similar to Bitcoin’s surge after its own ETF approvals. Ethereum’s current record high is $4,900, and breaking past $4,000 seems likely if demand for ETFs is strong.
In the short term, some sell-off is expected as traders take profits, but overall, the ETF approval clears regulatory uncertainties and positions ETH as a digital commodity like Bitcoin, likely driving future gains.
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1600" height="200" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-965.png" alt="" class="wp-image-499128" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-965.png 1600w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-965-300x38.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-965-1024x128.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-965-768x96.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-965-1536x192.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-965-2048x256.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-965-1200x150.png 1200w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-965-100x13.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-965-788x98.png 788w" sizes="(max-width: 1600px) 100vw, 1600px">
</figure>
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"></a>
<h2 class="wp-block-heading" id="strong-blockdag-s-dashboard-update-a-game-changer-for-crypto-investors-strong">BlockDAG’s Dashboard Update: A Game-Changer for Crypto Investors</h2>
BlockDAG, known for its cutting-edge layer 1 blockchain, has launched a major update to its dashboard. This new feature offers real-time updates and improved functionality, enhancing the user experience. A notable addition is the ‘Leaderboard Preview,’ which ranks the top 30 purchasers based on their investments in USD.
Users are categorized into tiers such as Crab ($0-$99), Tortoise ($100-$999), Fish ($1,000-$9,999), Shark ($10,000-$49,999), and Whale ($50,000 and above). This system fosters competition and community among investors, encouraging larger investments and increased engagement.
Furthermore, BlockDAG’s Low-Code/No-Code platform simplifies the creation of utility tokens, <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coins, and NFTs, making it accessible to those without extensive coding skills. Additionally, the Proof of Engagement Mobile Application enhances interactions and scalability while reducing transaction fees, broadening blockchain accessibility.
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1200" height="675" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-966.png" alt="" class="wp-image-499136" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-966.png 1200w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-966-300x169.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-966-1024x576.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-966-768x432.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-966-1536x864.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-966-2048x1152.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-966-267x150.png 267w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-966-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-966-622x350.png 622w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-966-788x443.png 788w" sizes="(max-width: 1200px) 100vw, 1200px">
</figure>
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"></a>
BlockDAG’s presale has gained significant traction, raising $34.7 million and drawing attention from tech giants and influencers. Analysts predict a promising future, with projections of BDAG coins reaching $30 by 2030. Now is a strategic time for long-term investors to consider investing in BlockDAG.
<h2 class="wp-block-heading" id="strong-market-insights-2024-strong">Market Insights 2024&nbsp;</h2>
ONDO and Ethereum are making waves with their significant gains and institutional interest. However, BlockDAG’s strategic innovations, including a tiered leaderboard, Low-Code/No-Code platform, and substantial presale success, position it as a standout investment opportunity. With projections of BDAG coins reaching $30 by 2030, BlockDAG not only offers cutting-edge technology but also a compelling growth trajectory. For investors seeking a robust and user-friendly blockchain platform with high potential returns, BlockDAG emerges as the best option among these rising stars in the crypto market.
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1600" height="200" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-964.png" alt="" class="wp-image-499120" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-964.png 1600w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-964-300x38.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-964-1024x128.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-964-768x96.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-964-1536x192.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-964-2048x256.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-964-1200x150.png 1200w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-964-100x13.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-964-788x98.png 788w" sizes="(max-width: 1600px) 100vw, 1600px">
</figure>
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"></a>
Join BlockDAG Presale Now:
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">Website</a> – <a href="https://purchase.blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">Presale</a> – <a href="https://t.me/blockDAGnetworkOfficial" target="_blank" rel="noopener noreferrer nofollow">Telegram</a> – <a href="https://discord.gg/Q7BxghMVyu" target="_blank" rel="noopener noreferrer nofollow">Discord</a>
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post <a href="https://captainaltcoin.com/blockdag-outshines-ondo-and-ethereum-the-ultimate-crypto-investment-of-2024/" rel="noopener noreferrer nofollow">$34.7 Million Raised! Why BlockDAG Network is the Crypto to Watch In 2024 While ONDO Soars &amp; Ethereum ETFs Approved</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.

$34.7 Million Raised! Why BlockDAG Network is the Crypto to Watch In 2024 While ONDO Soars & Ethereum ETFs Approved

Table of Contents

CaptainAltcoin

Other articles published on May 29, 2024

‘Crypto is a bipartisan issue’ among Republicans and Democrats: Survey

Avalanche (AVAX) and Binance Coin (BNB) Flourish Whilst Qubetics Whitelist Captivates Wider Atten...

Bitcoin Spot ETFs Reach Record $14.9B Year-To-Date Inflows On Tuesday

'Just Stake SOL' Says Analyst Chris Burniske, Commenting on Solana Backlash

Ethereum due for new all-time high as countdown to Ether ETF nears end

Peter Schiff Mocks Bitcoin With This Unlikely Scenario Involving All Publicly Traded US Companies...

Join our free newsletter for daily crypto updates!