BlockDAG Presale Jumps $2M in a Day! Solana on the Rise, Dogecoin Targets ETF Opportunity

Solana is experiencing a notable surge, with its decentralized finance (DeFi) ecosystem expanding rapidly, now boasting a total value locked of $5.48 billion.

Solana (SOL) price remained largely stable over the past 24 hours on March 10, currently trading at $24.02. The token, however, rose by over 6% in the past week, hitting highs of $24.17 during the period.

Solana’s DeFi ecosystem expanded rapidly during Q3 of 2024, now boasting a total value locked (TVL) of $5.48 billion. The figure marks a significant increase from the previous quarter, when Solana’s DeFi protocols held around $3.2 billion.

The uptick in TVL comes as several new projects integrated with Solana, including decentralized exchange (DEX) Orca and lending protocol Solend. Both platforms have seen strong user adoption and trading volume, contributing to the overall growth of Solana’s DeFi sector.

Meanwhile, Dogecoin (DOGE) price also remained largely unchanged over the past 24 hours on March 10, currently trading at $0.1133. The token, however, rose by over 2% in the past week, currently sitting at seven-week highs.

Should an exchange-traded fund (ETF) be approved for Dogecoin, the token could witness a price surge to $2, according to crypto influencer Wendy O.

Following the successful launch of Bitcoin and Ethereum ETFs, several speculations emerged regarding the possibility of a meme-coin ETF, with DOGE being a prime candidate.

Currently trading at around $0.11, a rise to $2 would mark a substantial increase of over 1,600%. However, the approval of a Dogecoin ETF remains uncertain and subject to regulatory approval.

The approval of a Dogecoin ETF could significantly shift broader perceptions of DOGE, transitioning it from a meme-inspired token to a more widely accepted financial asset. While the outcome remains to be seen, the mere possibility of an ETF is generating considerable interest in Dogecoin, potentially setting the stage for a sustained upward trend. For enthusiasts and observers alike, this marks an intriguing phase in Dogecoin’s evolution within the cryptocurrency landscape.

BlockDAG presale amasses over $80 million, thanks in part to crypto whales’ $2 million contribution within 24 hours.

The anticipation surrounding BlockDAG’s imminent launch of its new website, combined with a limited-time 50% bonus offer, has many participants eager to engage with the platform.

The excitement around BlockDAG is palpable, with a growing number of participants eager to partake before the opportunity passes.

Solana’s market cap ascended impressively in Q3 of 2024, with key partnerships and new project migrations fueling growth.

Solana (SOL) demonstrated robust growth in Q3 of 2024, with its ecosystem showing significant expansion. The value locked in its DeFi protocols reached an impressive $5.48 billion, further establishing it as a significant entity in the blockchain sector.

Moreover, Solana’s DEX volume increased by 45.74% in just one week, outpacing Ethereum (ETH) substantially.

This growth was largely fueled by key partnerships, including those with PayPal and Google Cloud, which have been instrumental in expanding Solana’s reach and offering new use cases for SOL.

On the token front, Solana-based assets such as CROWN and MPLX saw market cap increases of over 100% and 55%, respectively, highlighting the strong demand for tokens within the Solana ecosystem.

With new projects migrating to Solana and the launch of initiatives like Jupiter Terminal v3, Solana’s growth trajectory appears to be accelerating.