Ethereum

Solana

Lido DAO

Solana is leading in DEX volumes in the ongoing Solana vs Ethereum. Lido DAO's recent price crash has also raised concerns among investors. Meanwhile,&nbsp;<a href="//blockdag.network" target="_blank" rel="noopener noreferrer nofollow">BlockDAG (BDAG)</a> is the top choice for crypto miners. The X100 Miner offers high efficiency and substantial daily earnings, supported by an enhanced dashboard with a Mining Profit Calculator. With $56.1M raised by its 19th presale batch, BlockDAG is poised to be a leading contender in the crypto space.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://cdn.thebittimes.com/images/2024/07/05/e5449b2d2317e4f5cbfc20849ac9ad68.webp" width="602" height="339" style="display: block; margin-left: auto; margin-right: auto;"></a>
<h2 dir="ltr" id="span-lido-dao-price-crash-after-sec-allegations-span">Lido DAO Price Crash After SEC Allegations</h2>
The Lido DAO (LDO) token faced a sharp selloff following SEC allegations against its MetaMask officer regarding the staking feature of LDO and RPL. The SEC claims that Consensys sold staked tokens through unregistered transactions on the MetaMask Stake platform, causing LDO to drop over 16% overnight.
<img src="https://cdn.thebittimes.com/images/2024/07/05/20b505b850d5362412b2692df3d7f4dc.webp" width="602" height="75" style="display: block; margin-left: auto; margin-right: auto;">
Despite a brief recovery, the token struggled to break through key barriers and remained below critical EMA support. At $1.93, LDO reflects a bearish outlook, with a monthly return of -14.90%. Analysts suggest continued volatility, with immediate support at $1.70 and $1.30. The Lido DAO price crash indicates a challenging period ahead.
<h2 dir="ltr" id="span-solana-vs-ethereum-solana-leads-in-dex-volumes-span">Solana vs Ethereum: Solana Leads in DEX Volumes</h2>
Solana has recently outperformed Ethereum in terms of daily DEX volumes, processing $1.148 billion compared to Ethereum’s $745 million, according to DefiLlama. This shift in the Solana vs Ethereum competition suggests a growing preference for Solana's faster transaction speeds and lower fees.
<img src="https://cdn.thebittimes.com/images/2024/07/05/93fd3afe4face627802e9af90528bd77.webp" width="602" height="339" style="display: block; margin-left: auto; margin-right: auto;">
Despite Ethereum’s dominance in overall DeFi total value locked (TVL), Solana’s higher daily active addresses and transaction volumes highlight its increasing activity. Solana recorded 42.9 million daily transactions and 1.4 million daily active addresses, far surpassing Ethereum’s 1.1 million transactions and 644,000 addresses. However, it remains to be seen if Solana’s performance is sustainable in the long term.
<h2 dir="ltr" id="span-blockdag-s-x100-leading-the-charge-as-the-top-crypto-miner-span">BlockDAG's X100: Leading the Charge as the Top Crypto Miner</h2>
BlockDAG offers a convenient passive income stream through its X series miners, including the X mobile mining app, the X10, the X30, and the X100. A standout in this series is the X100 Miner, a high-efficiency ASIC miner designed to provide robust earnings.
With a hash rate of 2 TH/s and a power consumption of 1800W, the X100 is tailored for high-yield mining. It leverages advanced ASIC technology to enhance computational power while maintaining energy efficiency, making it suitable for small-scale enthusiasts and large-scale operations. Upon launch, the X100 Miner can earn up to 2,000 BDAG daily, which equates to $100 at the coin's value of $0.05.
Moreover, BlockDAG has recently enhanced its dashboard to improve user-friendliness and transparency, introducing features such as the Last Transactions Preview and a Mining Profit Calculator. These updates allow users to track transaction details and determine potential mining profits, fostering trust and informed decision-making within the community.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://cdn.thebittimes.com/images/2024/07/05/f30d9c5efd49a65405fd9e78afd51c9e.webp" width="602" height="339" style="display: block; margin-left: auto; margin-right: auto;"></a>
The Mining Profit Calculator on BlockDAG’s dashboard is an essential tool for miners. It lets users input their hardware specifications and current coin values to estimate their daily earnings. For instance, using the X100 Miner, users can calculate their potential profit and make informed decisions about their mining activities. BlockDAG's innovative approach offers cryptocurrency miners a compelling way to maximise their returns.
<h2 dir="ltr" id="span-final-thought-span">Final Thought</h2>
In conclusion, BlockDAG’s ASIC miners have established themselves as the go-to choice with 8,470+ sales, proving their dominance in the crypto-mining space. While the Solana vs Ethereum debate intensifies, and Lido DAO faces a significant price crash, BlockDAG’s X100 Miner stands out for its efficiency and profitability. With these developments, BlockDAG is well-positioned to maintain its lead and continue attracting miners looking for reliable and high-yield solutions.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://cdn.thebittimes.com/images/2024/07/05/4e8a0980d54c2fe80fde9b2b681e0151.webp" width="602" height="75" style="display: block; margin-left: auto; margin-right: auto;"></a>
Join 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/blockDAGnetworkOfficial" target="_blank" rel="noopener noreferrer nofollow">https://t.me/blockDAGnetworkOfficial</a>
Discord: <a href="https://discord.gg/Q7BxghMVyu" target="_blank" rel="noopener noreferrer nofollow">https://discord.gg/Q7BxghMVyu</a>.
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/blockdag-s-asic-miners-propel-market-leadership-with-8-470-sold-units-solana-vs-ethereum-tussle-amid-lido-dao-price-crash-tbt95787.html">https://thebittimes.com/blockdag-s-asic-miners-propel-market-leadership-with-8-470-sold-units-solana-vs-ethereum-tussle-amid-lido-dao-price-crash-tbt95787.html</a>

BlockDAG’s ASIC Miners Propel Market Leadership with 8,470+ Sold Units; Solana vs Ethereum Tussle Amid Lido DAO Price Crash

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TheBitTimes

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