HBAR Reaches $0.3794, DOT Signals Resistance, But BlockDAG’s $209.5M Testnet Spurs Talk of $1 Price Potential
Hedera (HBAR) has surged to a new yearly high, driven by growing institutional demand and real-world tokenization. Meanwhile, Polkadot (DOT) is facing short-term resistance after its recent rally. HBAR’s 37% weekly gain follows news of $3 billion in tokenized luxury goods—including diamonds and jewelry—now live on Hedera. Backed by Walltech and the World Gemological Institute, this move underscores HBAR’s practical use case narrative. DOT, after rising 17%, now shows technical warning signs, with possible downside if it fails to clear $5.54.
In contrast, is making strong strides as Layer-1 enthusiasm fades. With its Beta Testnet V1 live, over 1.2 million transactions processed, and more than 100 active nodes, BlockDAG is showing functional progress. Currently priced at $0.0248 in Batch 27, and with $209.5 million raised, it’s proving to be a serious player. With tools like token and NFT creators, live dApps, and cross-chain bridges coming, the platform appears ready to scale in 2025.
