BlockDAG Eyes Major Sponsorship, Avalanche Breaks Chart Barrier

Ethereum’s price recently broke new highs, with BlockDAG eyeing a significant US sponsorship deal while the cryptocurrency market experiences notable shifts in other major coins like Avalanche and Toncoin. The potential sponsorship for BlockDAG is drawing attention as it could significantly increase its visibility beyond the crypto sphere. Meanwhile, Avalanche has broken out above long-standing resistance on its chart, driven by increased transaction volume. Toncoin, meanwhile, maintains strong support around $3.30, potentially hinting at a breakout soon. Read more to explore these trends and their potential impact.