Solana News Today: Cardano Gains 16.19% Weekly as Solana Approaches $210 and BlockDAG Hits $379M Presale

Cardano (ADA) is gaining traction in the crypto market, with its market dominance rising to 0.85% as of the latest data, a weekly increase of 16.19% and a daily rise of 1.43% since August 12 [1]. This upward trend suggests growing demand for ADA, which analysts associate with potential future price gains. Cardano's performance is drawing attention from traders and investors as it shows resilience amid a broader altcoin rally [1].

Meanwhile, Solana (SOL) is approaching a critical price level, currently trading near $197.50 after bouncing off support at $192. On-chain data reveals $44.14M in spot inflows, with technical indicators pointing to key resistance levels at $199.25 and the $210–$213.26 range [1]. The EMA stack (20/50/100/200) remains bullish, and RSI at 62.65 signals sustained momentum without entering overbought territory. A breakout above $210 could trigger a move toward $225–$230, with $252 as a potential long-term target [1].

BlockDAG is capturing attention in a different way, with its presale raising an impressive $379M. Batch 29 is currently priced at $0.0276, with a projected $0.05 launch price. Early buyers have already seen potential returns of 2,660%, and the project has secured 20 exchange listings, including BitMart, LBank, and MEXC [1]. Recent product demos, such as the X1 app—which has 2.5M users—and the X10 plug-and-play miner, demonstrate the platform’s accessibility and innovation. Additionally, partnerships with sports teams and the development of Dashboard V4 are enhancing visibility and user engagement [1].

Looking ahead, Cardano’s dominance and Solana’s push toward $210 reflect the ongoing dynamics of the current market cycle. However, BlockDAG is distinguishing itself with a proven product ecosystem, strong presale traction, and strategic partnerships. With 25B coins already sold and a focus on real-world applications, the project is positioned to play a key role in the next phase of the crypto market [1].

Source: [1] Cardano’s Dominance Climbs, Solana Tests $210, BlockDAG’s Global Expansion Drives Presale to $379M! (https://cryptofrontnews.com/cardanos-dominance-climbs-solana-tests-210-blockdags-global-expansion-drives-presale-to-379m/)