Hedera (HBAR), Ethereum Classic (ETC), and BlockDAG Make Strategic Moves to Dominate the Crypto Scene in 2024

Hedera (HBAR) has impressively bucked the trend this week, despite a downtrend in the broader market, highlighting its resilience , with it currently trading at

Hedera (HBAR) price rose impressively this week, showing its resilience in the face of broader market downtrends. This development is noteworthy, especially given the recent struggles faced by many cryptocurrencies.

Meanwhile, ​​Ethereum Classic (ETC) took a significant step towards decentralization by partnering with AlchemyPay to integrate fiat access. This move is sure to enhance the usability and appeal of ETC among a broader audience.

In other news, BlockDAG continues to generate buzz with its X1Miner app, transforming smartphones into efficient mining devices. The innovation has already driven presale earnings of $53.5 million, setting the stage for a remarkable 2024.

Let's delve into each of these stories for a closer look at the latest happenings in the crypto world.

Hedera (HBAR) to climb despite market downturn

While the crypto market at large experienced a downturn, Hedera (HBAR) bucked the trend and charted a bullish path. Over the last week, as many cryptocurrencies took a hit, HBAR showcased a 25.30% increase. This rise was noted by CoinMarketCap as part of a broader annual growth of 147.22%. At the time of writing , HBAR's current trading price stood at $0.08871, bolstered by a significant uptick in trading volume, which went up by 84.94% in 24 hours. With this development, HBAR outperformed several other crypto heavyweights, including BTC, ETH, BNB, XRP, ADA, and MATIC, all of which experienced varying degrees of decline during the same period.

ETC advances with new fiat integration

Ethereum Classic (ETC) is expanding its accessibility through a new partnership with AlchemyPay, facilitated by the ETC Grants DAO. This collaboration introduces a fiat on-ramp service, allowing seamless purchases of ETC via Visa, MasterCard, mobile wallets, and bank transfers. AlchemyPay's extensive global network supports this service, and it is available on platforms like etcgrantsdao.io and ethereumclassic.org. This move by ETC enhances its commitment to decentralization and broadens its appeal to users across the globe.

BlockDAG enhances mobile mining with X1Miner

BlockDAG's commitment to making mining easy for everyone has made great strides with introduction the X1Miner app. This innovation has captivated the market, selling over 8100 units and generating $3.4 million in revenue. The X1Miner app Beta allows users of various backgrounds to mine directly from their smartphones without needing costly or specialized equipment. It's a lightweight app, only 50MB, enabling the mining of up to 20 BDAG coins daily and offers easy download and installation from the App Store and Google Play. Utilizing Wi-Fi, the app optimizes mining while conserving data and battery life, ensuring a smooth mining experience.

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