• Dash (DASH) is a blockchain-based cryptocurrency that has gained 62% year to date as investors have shown an increased appetite for the open-source network.
• The token is trading at $63.31 and its 24-hour trading volume was up 30% to $143.6 million with a market cap of $704.7 million, which was 2% higher than Monday’s readings.
• Dash looks to become the future of global payments solutions, touting itself as having top-tier security and speedy transactions.
Overview of Dash
Dash (DASH) is a blockchain and cryptocurrency that has been enjoying a bull run in 2021, with its price rising by 62% year to date thanks to increased investment in the open-source network. At the time of writing, DASH was trading at $63.31 with a 24-hour trading volume of $143.6 million and a market cap of $704.7 million, 2% higher than Monday’s readings.
Dash as the Future of Global Payments Solutions
Cryptocurrency has emerged as an alternative investment option over recent years and governments are pushing to regularize it soon in order to improve global crypto acceptance levels and make it an accepted form of payment. Among other payment solutions like Ripple (XRP), whose XRP ledger has already been adopted as a solution for global payments by major financial institutions like Santander and American Express, Dash also seeks to be part of this shift towards cryptocurrency becoming an accepted form of payment across the globe; boasting top-tier security and speedy transactions perfect for everyday use in transactions around the world.
Rising Interest in Dash
The increasing interest in Dash can be seen through various initiatives such as polls on Twitter where users voted it into one of the most popular payments ranking projects; showing just how much potential this cryptocurrency could have if it becomes widely accepted across different countries worldwide. As more organizations continue to adopt digital assets into their operations, there is every chance that Dash will feature prominently in these efforts due to its various advantages when compared with traditional payment rails such as low fees and fast transaction speeds among others features offered by this blockchain project.
Growth Potential Going Forward
As more organizations continue adopting digital assets into their operations, there is potential for growth for DASH going forward especially considering its current position relative to other cryptocurrencies on the market today such as Bitcoin (BTC). Moreover, if regulatory frameworks catch up quickly enough then we could see even greater demand from institutional players looking for reliable alternatives when it comes to making international payments or settling large transactions quickly without incurring too much cost or disruption along the way; hence further increasing DASH’s growth potential going forward .
It remains unclear what exactly lies ahead for Dash but one thing is certain – it is certainly gaining traction among avid crypto investors who are seeking out new ways to invest their capital while still enjoying some level of decentralization afforded by blockchain technology; something not currently possible using traditional banking systems or networks today due mainly due these being highly centralized yet largely slow moving entities when compared with cryptocurrencies like DASH which make instant transfers possible anywhere around the world at any given moment