news 
Title: Tron Blockchain Gains 253% Surge in Substantial Transactions; Dogecoin’s Resilience, BlockDAG Presale: What’s Next?
The cryptocurrency market is witnessing a significant turnaround, with Tron blockchain, Dogecoin, and BlockDAG showcasing remarkable growth. This development indicates an increased interest in decentralized finance (DeFi) and smart contracts.
Tron Blockchain’s Impressive 253% Increase
A noteworthy 253% surge in substantial transactions on the Tron network has been reported, highlighting its growing adoption rate. Furthermore, a significant 119% boost in on-chain revenue suggests that this blockchain is becoming increasingly relevant for DeFi and smart contract applications. This upward trend can be attributed to increased participation from whales, which have contributed substantially to the growth.
Dogecoin’s Resilience
In contrast, Dogecoin has continued its uptrend, fueled by a $570 million increase in open interest. It is crucial to note that the Keltner Channel’s upper band currently sits at $0.4007, serving as a significant resistance point. A successful breakout above this level could propel Dogecoin toward $0.45, while leveraged long positions would provide supplementary momentum.
To further strengthen its stance, the Accumulation/Distribution Line has been consistently trending upward since mid-2022, indicating ongoing capital inflows and robust demand for Dogecoin.
Potential Reversal
However, if Dogecoin fails to maintain above $0.35, it may retreat toward $0.3469, hinting at possible consolidation or a more severe correction.
BlockDAG’s Growth Potential
The focus then shifts to BlockDAG, which has garnered significant attention with its ambitious initiatives, including the mainnet debut and future listings on multiple centralized exchanges (CEXs). Notably, BlockDAG is currently available in its 27th presale phase at a price of $0.0248.
By 2027, it is predicted to reach $20, presenting an enticing opportunity for early participants seeking substantial long-term growth.
Source: cryptonewsland.com
