According to the recent data from Cryptoplasm, Solana’s NFT sales volume surpassed that of Bitcoin during the period from January 18 to 25. This happened for the first time and is quite surprising when the most unexpected ones outperform the big players like Bitcoin. However, this is a hopeful sign for those looking to diversify their investment portfolio by investing in cheap coins and reap significant returns on their investment. BlockDAG (BDAG) stands out as a promising cryptocurrency in 2024 with its unique features and robust tokenomics.
Solana NFT Weekly Sales Surpass Bitcoin For First Time
The crypto world is unpredictable and highly volatile. The fact that Solana NFT weekly sales exceeded Bitcoin proves that even the biggest can be outperformed by the most unexpected players.
A substantial appreciation of Solana’s native token, SOL, might have significantly contributed to the NFT sales. However, Solana’s ability to handle a high number of transactions per second (TPS) as well as its growing popularity among the NFT and gaming communities, cannot be overlooked. The blockchain has introduced token extensions designed to support different industries, including payments, stablecoins and real-world assets. In addition to improving the user experience, this has also added to Solana’s appeal as a promising investment platform.
SEC Delays Spot Ethereum ETF Approval
The United States Securities and Exchange Commission (SEC) has postponed its decision on BlackRock’s proposed spot Ether (ETH) exchange-traded fund (ETF), citing the need for more time to review the proposed rule change.
Despite the optimism around ETFs, especially after the SEC’s recent approval of numerous spot Bitcoin ETFs, there is some scepticism about the Ethereum version. According to Morgan Creek Capital’s Chief Executive Officer (CEO) Mark Yusko, there is a less than 50% chance of a spot Ether ETF approval, suggesting the SEC still views the cryptocurrency industry as a threat.
The Best Cryptos to Buy Now: BlockDAG (BDAG) Stands Out
As Solana positions itself as one of the most promising crypto tokens in 2024, BlockDAG too joins the league. BlockDAG Coin, inspired by Bitcoin and Kaspa, seeks to revolutionise the industry with its speed, security, and simplicity. Built on an innovative Proof-of-Work (PoW) algorithm, it offers industry-leading speeds, unbeatable security, and high decentralisation. With BlockDAG, crypto mining becomes accessible to everyone, regardless of their technical expertise.
One of the key factors that sets BlockDAG apart is its commitment to launching its mainnet within six months. In an industry where development timelines can often stretch across several years, this ambitious approach demonstrates BlockDAG’s drive and operational vigour. With BlockDAG entering its batch 2 presale, after a successful batch 1, the BlockDAG community is confident of what lies ahead for them. To those looking to invest in an explosive crypto token, now is the right time to start investing in BlockDAG.
BlockDAG differentiates itself from other crypto networks with its groundbreaking speed and security. With a confirmation speed of 10 blocks per second, BlockDAG is the fastest PoW blockchain in the market. Despite its speed, BlockDAG maintains top-notch security through its hybrid consensus mechanism, which combines the best features of existing technologies. Due to their superior energy efficiency and low operational noise, BlockDAG’s X series mining rigs hold a supreme position in the cryptocurrency mining arena.
In line with an eco-conscious approach to crypto mining, BlockDAG facilitates a smartphone-based mining option at a lesser expense of the device resources. The BlockDAG x1 mobile application, available on both the App Store and Google Play, democratises crypto mining by allowing individuals to seamlessly mine up to 20 BDAG coins daily. This approach promotes accessibility to crypto mining for newcomers and veterans alike.
BlockDAG and Solana are emerging as the promising cryptocurrencies of 2024 with their unique features. Solana’s unique proposition lies in its sophisticated features, offering additional flexibility. At the same time, BlockDAG’s speed, security, and simplicity make it an attractive option for crypto mining, making it the best crypto to buy now.
Invest In BlockDAG Presale:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
