AVAX Slows Down, JELLY Gets Covered, But BlockDAG’sTestnet & $210M Momentum Makes It One to Watch
It’s been an eventful week across the crypto landscape. Avalanche (AVAX) posted a strong 53% rally—but now faces resistance and a possible cooldown. Meanwhile, HyperLiquid is doing damage control after a major liquidation event, stepping in to reimburse JELLY token traders and implement new safeguards.
But while those two stories highlight volatility and reactive measures, BlockDAG is making headlines for a very different reason—consistent delivery. Keynote 3 showcased not only a faster live testnet but also confirmed the shipment of over 10,000 miners ahead of mainnet. Throw in a growing community, a full DeFi suite, and structured developer programs, and it’s clear: BlockDAG isn’t chasing trends—it’s building something to last.
Avalanche Cools After 53% Jump—Will AVAX Hold the Line or Slide?
After surging over 50% since March 11, Avalanche (AVAX) has reached a crossroads. Currently trading near $21.80, the coin is struggling to hold above $22—a key resistance level. Technical analyst Ali Martinez recently pointed out a TD Sequential sell signal on the 12-hour chart, hinting that AVAX may be heading into a short-term correction or at least a pause in its rally.
If AVAX dips below $20, the next support sits around $17. However, a clean breakout toward $30 could signal renewed strength. That makes the $20–$22 range especially important in the days ahead. For now, traders are watching closely to see whether the momentum will carry forward—or fade out.
HyperLiquid Compensates JELLY Traders After Liquidation—New Risk Controls Rolled Out
Decentralized derivatives platform HyperLiquid is addressing fallout from a recent JELLY token liquidation that hit some traders hard. On March 28, the team announced it would reimburse affected users at $0.037555 per token—a move aimed at restoring confidence while also reassessing platform safeguards.
But compensation wasn’t the only update. HyperLiquid is also tightening its risk parameters, introducing a loss cap on its Liquidator vault that will now auto-trigger deleveraging when breached. Open interest limits will also be adjusted dynamically based on a token’s market cap, helping to prevent oversized bets on illiquid tokens.
To top it off, validators will vote on whether to delist tokens that don’t meet volume or cap criteria. It’s a fast response—and one that could strengthen HyperLiquid’s appeal to more risk-aware traders moving forward.
BlockDAG’s Keynote 3 Signals a Real Shift—Miners, Testnet, and DeFi Rollout in Motion
In contrast to projects responding to the past, BlockDAG is building for the future—and it’s not just talk. Keynote 3, the latest update from the team, marked a clear transition from vision to reality. Over 10,000 X-series miners are being shipped in advance of the mainnet, setting the groundwork for a high-performance, decentralized network.
The new Beta Testnet V1 is already live and running at double the speed of its earlier version. It supports smart contract visual tools, no-code token and NFT creation, and testable dApps. Early users are being rewarded through weekly airdrops, driving engagement across the board.
BlockDAG isn’t stopping there. A full DeFi toolkit is rolling out—complete with swaps, stablecoins, and lending protocols. EVM compatibility is built in, and a comprehensive developer program is underway. From the BlockDAG Academy to $100K hackathons and an international ambassador network, there’s a concerted push to bring builders into the fold.
The message from Keynote 3 was loud and clear: BlockDAG isn’t just keeping up—it’s aiming to lead. With plans for 2,000+ transactions per second at launch, confirmed exchange listings, and a rapidly expanding ecosystem, the foundation is in place. For those still sitting on the sidelines, this could be the moment before liftoff.
Final Verdict
It’s a mixed picture across the board. AVAX is hitting resistance after a strong comeback—now facing the challenge of staying above $22 or risking a pullback. HyperLiquid is owning up to recent issues and acting fast to rebuild trust through compensation and better risk controls.
But BlockDAG? It’s operating on a different frequency altogether. Keynote 3 didn’t reflect damage control—it reflected progress. With a 2,000+ TPS mainnet on the horizon, smart contract and NFT tools already functional, and over 800,000 users active through the X1 App, BlockDAG is pushing ahead at full speed.
The presale has already raised $210 million, and momentum continues to build. While others are responding to pressure, BlockDAG is building pressure—by setting the standard for what a Layer 1 can look like before it even hits the public market. The future doesn’t wait—and BlockDAG isn’t either.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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