Cardano Drops 15% As Long Term Holders Sell Pi Network Holds Tight Range Awaiting Breakout BlockDAG Raises 327 Million With U.S. Partnership

Cardano (ADA) has experienced a significant decline, with its price dropping by approximately 15% over the past week, now trading near $0.55. This decline has been accompanied by a rise in trading volume, indicating stronger sell pressure. Technical indicators, such as the Awesome Oscillator turning red, further suggest weakness in the market. On-chain data reveals that long-held ADA coins are being moved, pushing the age-consumed figure to a nine-month high, which indicates that long-term holders are selling their positions. If ADA fails to maintain support at $0.57, the price could potentially fall towards the $0.50 mark. A recovery would require improved market sentiment and reduced selling pressure.

The Pi Network coin is currently trading within a tight triangle pattern, ranging between $0.54 and $0.74. This pattern often precedes a significant price movement upon a breakout. Recently, the coin tested the lower end near $0.54 after hitting a two-month low but found support around $0.40, a level that has previously seen buying activity. Experts are closely monitoring the situation as the coin approaches a potential breakout point. If Pi Network surpasses $0.74, it could target the $1 mark again. Conversely, a break below $0.40 could lead to further losses. The upcoming Pi2Day event on June 28 adds to the anticipation surrounding this setup.

BlockDAG (BDAG) is strategically positioning itself for growth with a forthcoming U.S. partnership and the final phase of its presale. This timing aligns with increasing interest in BlockDAG, setting the stage for a strong public launch with high trust and exposure. BlockDAG has already raised $327 million, sold 23.4 billion coins, and entered batch 29. Additionally, there is a fixed price offer at $0.0016 until the GLOBAL LAUNCH on August 11, which is one of the lowest prices seen since batch 1. This U.S. deal enhances BlockDAG’s brand before its exchange debut, ensuring the coin gains public attention as it enters the next phase. The combination of the urgent presale offer, exchange excitement, and a strong real-world partnership fuels BlockDAG’s rise, positioning it as a bullish crypto with a well-planned launch.

While Pi Network awaits clear technical signals and Cardano grapples with weak holder sentiment, BlockDAG continues to make strategic moves. Its U.S. deal brings significant public attention just as the coin prepares for listing, contrasting with the cautious mood surrounding other coins. With 23.4 billion coins sold and a strong 2,660% ROI since batch 1, BlockDAG is building momentum on multiple fronts. The combination of active user engagement and careful exposure creates a solid foundation that sets it apart from other projects at this stage. For those tracking genuine momentum, BlockDAG stands out as more than just a presale; it demonstrates the characteristics of a bullish crypto with clear planning and strategic execution.