Bitcoin News Today: Cardano ADA Stabilizes at $0.73–$0.78 Amid $70M Treasury Boost Hyperliquid HYPE Bounces 17% Back to $35–$38 Range BlockDAG Presale Lets Buyers Earn 10 BTC at $0.0016 Price

Cardano (ADA) continues to inch closer to a potential breakout as it stabilizes in the $0.73 to $0.78 range following a rebound from early August lows. The project has benefited from a $70 million community-approved treasury fund, which is being directed toward developments like the Midnight sidechain and improved developer tools [1]. Analysts suggest that a sustained move above $0.80 could pave the way for ADA to reach $0.96 in the short term, with more ambitious forecasts pointing to a $1 price target and even $3 by late 2025 if key upgrades like the Chang hard fork and Hydra scaling succeed [1].

Hyperliquid (HYPE) has shown resilience after experiencing a 17% pullback in early August, bringing its price into the $35 to $38 range. The token had surged earlier in July, peaking near $49.80 on the back of $320 billion in trading volume and 75% dominance in the DEX perpetuals market [1]. Analysts are monitoring whether renewed buying pressure can drive HYPE back toward its previous highs or even beyond, with some projections ranging from $40 to $72 by year-end under favorable market conditions [1].

Meanwhile, BlockDAG (BDAG) is taking an unconventional approach to its presale by integrating a competitive trading environment. At a current price of $0.0016, BDAG allows buyers to participate in a simulated exchange through the TRADEBDAG-enabled Dashboard. This platform not only provides access to live charts and an order book but also rewards participants with a share of a 10 BTC prize pool worth over $1.1 million [1]. Each BDAG purchase increases a user’s stake in the Bitcoin reward, effectively turning the presale into a gamified learning and earning experience. The presale, which has already raised $367 million and sold 24.9 billion coins, is set to continue until August 11, 2025 [1].

The ongoing presale model highlights a shift in how projects engage with their communities, blending education, competition, and reward in a way that could attract both new and experienced traders [1].

Source: [1] ADA Targets $1 & HYPE Eyes $60 Comeback, While BlockDAG’s $0.0016 Presale Lets Buyers Compete for 10 BTC! (https://coinmarketcap.com/community/articles/6897fea20fda8d1ccc6add4b/)