As June 1st approaches, the BlockDAG network is gearing up for a crucial update that could have far-reaching effects on the cryptocurrency market. Alongside this, Ethereum's price forecasts are generating interest, while AVAX payment advancements are also gaining traction.

The impending update on June 1st for the BlockDAG network holds the potential to elevate its performance and competitiveness within the cryptocurrency realm. This could influence the network’s token price and its position among other digital currencies.

Ethereum, the second-largest cryptocurrency, is subject to various price predictions. While some experts anticipate a bullish trend due to ongoing upgrades and increased adoption in DeFi and NFTs, others caution against potential volatility from regulatory uncertainty and competition. Investors are advised to approach these forecasts with caution and conduct thorough research.

AVAX, the token of the Avalanche platform, is making waves with its recent payment developments. Collaborations with major payment processors could facilitate widespread acceptance of AVAX by millions of merchants globally. This increased utility and demand may lead to price appreciation for AVAX.

In conclusion, the BlockDAG network update on June 1st, coupled with Ethereum’s price predictions and AVAX payment innovations, could have significant implications for the cryptocurrency industry. Investors should remain informed and make decisions based on careful analysis and risk assessment.