Investors always measure success depending on numbers, and who’s got better numbers and social media presence than BlockDAG, which gathered over 81k followers on its X platform. This investors’ frenzy propelled its presale to securing a staggering $57.4 million and distributing over 12 billion coins, emphasising its reputation as the best crypto to invest in. This appeal makes BlockDAG closer to its $100 million target prelaunch. On the other hand, Ethereum fees dominate the blockchain space with its annual fee revenue. However, the race for the first Solana ETF intensifies between 21Shares and VanEck, on who will be the first to introduce the first US-approved Solana ETF.
Ethereum Fees Revenue Dominance Revealed
Lookonchain’s latest analysis reveals that Ethereum leads the top ten blockchains in annual fee revenue, earning significantly more than its closest competitors. Ethereum fees generate over $2.7 billion yearly, surpassing Bitcoin, and Tron. Solana, BSC, and Avalanche follow suit with substantial fee earnings.
Despite Ethereum fees being notorious for high gas prices, recent trends show average transaction costs have decreased to around 5 gwei, or approximately $0.27, due to increased usage of layer 2 scaling solutions like zkSync Era and Optimism.
The surge in Ethereum-based Dapps activity, up 300% in volume, further underscores Ethereum fees revenue dominance and ongoing scalability improvements.
Solana ETF Race Heats Up Between 21Shares & VanEck
21Shares, renowned for its Spot Bitcoin ETF, has officially entered the first US-approved Solana ETF competition, setting the stage for a competitive showdown with VanEck. Both firms aim to pioneer the introduction of a US-based Solana ETF, which could expedite the SEC’s review process as they evaluate multiple applications simultaneously.
While the SEC typically takes several months to assess ETF filings, the outcome remains uncertain, with the possibility of approving only one Solana ETF or none, depending on regulatory considerations and market dynamics.
BlockDAG’s Social Media Presence Propels $100M
Whenever you browse the recent trends looking for a top-notch investment one name shall always appear. BlockDAG is quickly establishing itself as the best crypto to invest in, drawing significant attention across various social media platforms only within a short period.
With over 81,000 followers on the BlockDAG X platform and a vibrant Telegram community exceeding 51,000 members, investor enthusiasm for BlockDAG’s potential is unmistakable. This surging online presence boosts BlockDAG’s visibility and cultivates a strong, supportive ecosystem—key components for its ongoing growth and success.
The momentum from this robust community engagement has propelled the presale to remarkable heights, securing $57.4 million and distributing over 12 billion coins. Currently in its 19th batch, priced at $0.014 and soon escalating to $0.015, BlockDAG is on track to hit the $100 million mark well ahead of schedule, with the mainnet launch now expected in just four months.
This impressive social media traction amplifies the anticipation and commitment among investors, reinforcing BlockDAG’s standing as the best crypto to invest in within the competitive digital currency arena.
BlockDAG’s Unprecedented growth
Despite Ethereum fees’ huge sum and the fiery competition between 21Shares and VanNeck battles, BlockDAG’s exponential growth on social media platforms enhances its visibility and galvanises investor confidence in its prospects. With over 81,000 followers on X and a robust Telegram community of more than 51,000 members, BlockDAG is setting new benchmarks in engagement and support within the cryptocurrency community. As it speeds toward its $100 million target ahead of the mainnet launch, BlockDAG exemplifies the qualities of the best crypto to invest in, driven by strong community backing and a forward-thinking approach to digital innovation.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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