BlockDAG magnifies its potential with UFC champion Alex Pereira as the new Brand Ambassador, winning the hearts of crypto enthusiasts and sports fans alike. This alliance has spotlighted BlockDAG‘s presale, which has surged by 1540% since its initial batch. The buzz around BlockDAG’s $2 million giveaway, drawing over 100k entries, also fuels the community’s excitement.
In the meantime, Ethereum (ETH) has rebounded significantly, driven by the anticipation of U.S.-based spot Ether ETFs, with approvals from major asset managers like BlackRock and VanEck. On the other hand, Avalanche news highlights a revival as AVAX gains 5% and the Avant Protocol launches, boosting DeFi capabilities.
Ethereum Price Recovers Amid ETF Speculation
Ethereum (ETH) has seen a significant price recovery recently, fueled by the potential listing of U.S.-based spot Ether ETFs. The supply of Ethereum on exchanges is gradually dwindling as more ETH is staked, leading to a supply crunch.
Speculation around the approval of spot Ether ETFs by the U.S. Securities and Exchange Commission (SEC) has heightened market curiosity. Preliminary approvals have been granted to major asset managers like BlackRock and VanEck, with trading expected to begin soon. This anticipated launch is set to drive Ethereum’s price even higher, positioning it among the top cryptos to watch.
Avalanche DeFi’s Comeback
Avalanche (AVAX) has experienced a resurgence, buoyed by the launch of the Avant Protocol. AVAX recovered 5% recently after a 20% decline last month, with long-term holders increasing their stakes. The Avalanche ecosystem has grown rapidly, with its total value locked (TVL) rising by 10% to $816 million in the past week.
Avant Protocol aims to harness this growth, providing a robust platform for yield generation through its avUSD and savUSD tokens. The introduction of Avant and other initiatives like ContinuumDAO and Alchemy Protocol signals a vibrant future for Avalanche.
Alex Pereira & BlockDAG Partnership Further Boosts Presale
BlockDAG recently announced its collaboration with UFC champion Alex Pereira. When sharing the news on its Platform X (formerly Twitter), BlockDAG dubbed this partnership the “relationship of the number 1s.” Simultaneously, BlockDAG posted a special message on their website stating:
Alex Pereira Joins #TEAMBlockDAG. We are thrilled to announce an exciting new chapter for BlockDAG Network. In a powerful move, we have joined forces with none other than UFC sensation Alex Pereira. This partnership marks a historic milestone in our journey to transform the blockchain landscape while we embrace Alex Pereira’s spirit of athletic excellence, determination, and perseverance.”
Alex Pereira is renowned for his remarkable achievements in the UFC octagon, embodying qualities of innovation, resilience, and relentless pursuit of excellence, which resonate with the BlockDAG community. His dynamic energy and inspiring journey from humble beginnings to global stardom align perfectly with BlockDAG’s mission to revolutionize the blockchain industry with cutting-edge technology.
Adding to the excitement, BlockDAG’s $2 million mega giveaway has already attracted nearly 1...
The post Supercharged Presale! UFC Star Alex Pereira Fuels BlockDAG’s 1540% Surge; ETH Roars Back; AVAX Unveils New Platform appeared first on Crypto News Land.
