Goal

Uniswap

BlockDAG

Read

Polygon

Uniswap’s recent achievement of reaching a significant amount of Layer-2 transactions and Immutable X’s price surge following its Polygon partnership are trying to cope with a piece of trending news in the market.&nbsp;
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">BlockDAG</a> has already bagged $55.4 million in presale by catching whales with its innovative Blockchain solution. Its Layer-1 blockchain technology focuses on all three blockchain trilemma—speed, scalability, and decentralisation—offering rapid transaction processing and robust security without additional layers. As the mainnet launches soon, BlockDAG aims to reach $100 million in presale figures as the top Layer-1 crypto in the evolving blockchain landscape.&nbsp;
<h2 class="wp-block-heading" id="h-uniswap-benchmarks-with-layer-2-transactions">Uniswap Benchmarks with Layer-2 Transactions</h2>
Uniswap has reached a significant milestone, recording over 4 million Layer-2 transactions, crossing previous records. The increase in transactions highlights the growing adoption and usage of Layer-2 solutions within the DeFi space.&nbsp;
According to analysis, Uniswap’s Layer-2 platforms, including Optimism and Arbitrum, have particularly contributed to this surge. Nonetheless, statistics indicate that the current value of Uniswap’s native UNI token is around $9.58. This is a 3.08% increase over the previous day. Even yet, UNI has been down 4.57% during the last seven days.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img decoding="async" width="602" height="75" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeWFR4Q-JxKM_9jtFYYghDatp1NXVZpiB0lFrVYloNMmN1dkloZXu7UbJcDYdEgTBhXpaC7rjyXVDMuIG-v3Giq1L_d_txlRygYdM6is6jjZPz8BmgCZEJE3d6DTXAZ2IAPwH2P_maZFjVyxnfp3GVxOmjgzTIAmENrEFuJ5w?key=nWfzmKwqKexFU-QyTTbR-Q"></a><a href="https://blockdag.network/" rel="noopener noreferrer nofollow"></a>
<h2 class="wp-block-heading" id="h-imx-price-sees-hike-following-polygon-partnership">IMX Price Sees Hike Following Polygon Partnership</h2>
IMX, the native token of Immutable X, saw a price increase of 34.2% following its partnership with Polygon and the announcement of the upcoming zkEVM mainnet launch. This collaboration aims to enhance the platform’s scalability and efficiency.&nbsp;
The new zkEVM technology is expected to bring optimised speed and lower transaction fees, contributing to IMX’s recent positive market response. Analysts foresee this development can signify the ongoing advancements in Layer-2 solutions within the blockchain space.
<img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfOgm8ONBUAGHv4vMuZDjOhKIYpwwITMkhUFG0xYGbielIYsmc94hqOEJl3Ao12LOpXZ99NLeZGnOXYf6hcqcrP37QxylAF8dLeZCOvuDfdrn9zMArnMVbfHB5FQx_sX75iMuHND7fnt_eMZCDx9S0QUQ3resdPI-aoJwao?key=nWfzmKwqKexFU-QyTTbR-Q" width="602" height="460">
<h2 class="wp-block-heading" id="h-blockdag-s-solution-to-blockchain-booms-presale">BlockDAG’s Solution to Blockchain Booms Presale</h2>
BlockDAG raised $55.4 million during its presale, attracting considerable attention from the crypto community. This accomplishment is credited to BlockDAG’s creative approach to resolving the blockchain trilemma, which provides a well-balanced resolution to decentralisation, scalability, and security concerns. Using Directed Acyclic Graph (DAG) technology, BlockDAG guarantees secure and effective transactions without sacrificing speed.
BlockDAG’s “DAG” architecture largely focuses on speed, scalability, and decentralisation. Its design enables rapid transaction processing, handling multiple transactions simultaneously, achieving up to 10 blocks per second, with aspirations to surpass 100 blocks per second. This eliminates bottlenecks common in traditional blockchain systems. This decentralised nature ensures robust security and resilience against attacks, making BlockDAG safe and reliable for users.
Setting itself apart in the blockchain landscape, BlockDAG has further chosen the path to innovation with its earlier mainnet launch. The mainnet launch, scheduled within four months, shows its commitment to what blockchain technology can achieve, offering users early access to its rich-featured ecosystem. The presale figures are charging ahead to reach $100 million before the launch after getting listed on prestigious platforms like CoinSniper and CoinMarketCap, driven by increased investor interest and anticipation.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img decoding="async" width="602" height="339" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeuE0G5SNmqPq_WSpzboFi4V5a41oIgLLKnsLq-huTPxROFm5kxXaulJxbSqhdMfTLYZeJqdlw_qjzDNXVqwNyNSJbP8GvbcvT2oRkO1pNi4ugR4Y1HRSqYwLrpHH0oExNMZdcvaydcTTTlyzf2YLBBSMQNjXhjw9qQh2mTCg?key=nWfzmKwqKexFU-QyTTbR-Q"></a><a href="https://blockdag.network/" rel="noopener noreferrer nofollow"></a>
While other cryptocurrencies focus on Layer-2 solutions to enhance their blockchain performance, BlockDAG, a top Layer-1 crypto, inherently provides speed and scalability within its core protocol. This direct approach sets BlockDAG apart, emphasizing robust, foundational blockchain capabilities without the need for additional layers. By integrating features such as smart contracts, secure mining, and optimized performance directly into the main network, BlockDAG ensures a seamless and efficient user experience. Its cryptographic algorithms offer superior security, safeguarding transactions and showcasing hashing efficiency, positioning BlockDAG as a pioneering force in sustainable digital transformations.
<h2 class="wp-block-heading" id="h-concluding-thoughts">Concluding Thoughts</h2>
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">BlockDAG</a>‘s $55.4 million presale success underscores its popularity as a top Layer-1 cryptocurrency, emphasizing its speed, scalability, and decentralisation. As its mainnet launch approaches, the presale is projected to reach $100 million, driven by investor anticipation.&nbsp;
While Uniswap focuses on Layer-2 solutions for scalability, and IMX is occupied in partnership with Polygon, BlockDAG’s continuous enhancement of its core Layer-1 capabilities offers a more robust and efficient protocol. This distinction positions BlockDAG as a pioneering force, setting a new standard for those who want to participate in more secured investments.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img decoding="async" width="602" height="75" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXc4yp0scx1e0zSCLVMYfQfufr6WQH-XdYNDY7hOd0O5WE3IakpVlMgJFVYsquOxWuR88j6l_PulruzYu3CDPKFgaan4NksGsyMOZAmTkG0JuMNEEtjgYQPgLT77eL_mSzPIb63aCo9qrZl-SvvLF1VYzqLVnof74Cm8XsS6?key=nWfzmKwqKexFU-QyTTbR-Q"></a><a href="https://blockdag.network/" rel="noopener noreferrer nofollow"></a>
Invest in the BlockDAG Presale Now:
Website: <a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">https://blockdag.network</a>
Presale: <a href="https://purchase.blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">https://purchase.blockdag.network</a>
Telegram: <a href="https://t.me/blockDAGnetwork" target="_blank" rel="noopener noreferrer nofollow">https://t.me/blockDAGnetwork</a> Discord: <a href="https://discord.gg/Q7BxghMVyu" target="_blank" rel="noopener noreferrer nofollow">https://discord.gg/Q7BxghMVyu</a>
The post <a href="https://cryptonewsland.com/blockdags-layer-1-technology-draws-discerning-investors-with-100m-presale-goal-shows-the-door-to-uniswap-imx/" rel="noopener noreferrer nofollow">BlockDAG’s Layer-1 Technology Draws Discerning Investors with $100M Presale Goal Shows the Door to Uniswap &amp; IMX</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.

BlockDAG’s Layer-1 Technology Draws Discerning Investors with $100M Presale Goal Shows the Door to Uniswap & IMX

Table of Contents

Crypto News Land

Other articles published on Jul 3, 2024

CleanSpark Doubles Bitcoin Mining Power, Holds $4B in Assets

Bitcoin’s Tumble Sparks Market Fear: Is This a Buying Opportunity or Further Downside?

Big Tech’s Carbon Footprint Since 2019 Exceeds Total Bitcoin Mining Emissions

Cryptocurrencies Poised to Hit New All-Time Highs This Summer

Invest Smart with BlockDAG: The Top Long-Term Crypto with a $55.4M Surge, Plus Hot Takes on Cosmo...

Imperial College London launches new lab, backed by £1 million from the IOTA Foundation

Join our free newsletter for daily crypto updates!