Solana News Today: Investors Navigate ADA's Exit Plan, SOL's Momentum, and BlockDAG's Explosive Growth

Cardano (ADA) remains in a cautious phase as the risk score model developed by analyst Dan Gambardello suggests a moderate risk environment with a current score of 36. According to Gambardello, a long-term Cardano supporter, this score classifies ADA as a "moderate buy," indicating it is still in a pre-bull market phase. Gambardello, who previously adopted a holding strategy during the 2021 bull run, has shifted his approach this cycle and plans to begin selling ADA once the risk score reaches 75, a level historically associated with market turning points. During past cycles, Cardano’s risk score climbed from 34 to 76 in a matter of weeks, leading to significant price increases. Gambardello emphasized the importance of having a structured exit plan, noting that ADA’s price history shows limited sustainability once the risk level approaches 75 [4].

For long-term ADA holders, Gambardello identified the $1 to $3 price range as a strategic opportunity to secure profits. Many investors accumulated ADA at much lower prices, making the $1.40 to $2.00 range particularly attractive for partial exits. Gambardello plans to use this range to lock in gains before higher risk levels trigger further action. However, if ADA surpasses its all-time high of $3.10, Gambardello indicated that he would focus on how the price interacts with the risk score. A potential surge to $10 was cited as a speculative long-term target, but only after careful monitoring of on-chain signals [4].

Meanwhile, Solana (SOL) has shown strong momentum, with its open interest (OI) reaching an all-time high of $13 billion. This record level of speculative interest in futures markets suggests heightened confidence among traders, potentially amplified by institutional inflows and ETF speculation. Solana’s technical indicators also support a bullish outlook, with the price forming a megaphone pattern that could push SOL toward $1,000 if the resistance between $210 and $250 is broken. The relative strength index has risen from 49 to 61 since early August, signaling growing bullish momentum. Additionally, a breakout from a cup-and-handle pattern on the weekly chart further supports the potential for a rally, with a price target of $1,030 based on Fibonacci retracement analysis [2].

The approval of Solana’s Alpenglow upgrade, which reduced transaction finality from 12.8 seconds to 150ms, has also boosted investor sentiment. This enhancement increases Solana’s throughput to 107,540 transactions per second, strengthening its competitive position against Ethereum. Despite these improvements, on-chain activity has shown some divergence from price trends. Solana’s transaction count dropped by 99% over the past 30 days, and the number of active addresses fell by 22%, according to Nansen data. Decentralized exchange (DEX) activity also declined, with weekly volumes falling by 65% to $10.673 billion, raising concerns about whether the ecosystem can sustain its current price level [2].

In contrast, BlockDAG has gained significant traction in the presale phase, raising over $389 million and attracting 3 million users through its X1 mobile mining app. The project’s infrastructure, including the X10, X30, and X100 miners, is already operational and generating daily earnings once the mainnet launches. Analysts are modeling short-term price targets of $1 and long-term projections of $5–$10, driven by the project’s user base and ecosystem development. BlockDAG’s presale has already achieved a return of 2,660% since its launch, and its guaranteed listing price of $0.05 provides a clear upside for current participants [3]. The project’s partnerships with global sports teams and influencers are also expanding its reach, creating a broader base of potential users and investors.

These developments highlight a broader trend in the cryptocurrency market, where projects with strong infrastructure and user adoption are outperforming those with speculative narratives alone. As Cardano, Solana, and BlockDAG each navigate different phases of growth, investors are closely monitoring technical indicators, on-chain metrics, and institutional adoption to assess their potential for long-term success.

Source:

[1] SOL Strategies Wins Nasdaq Listing, Shares to Trade ... (https://www.coindesk.com/business/2025/09/05/sol-strategies-wins-nasdaq-listing-shares-to-trade-under-stke)

[2] Solana Open Interest Hits $13B All-time High (https://cointelegraph.com/news/solana-charts-1000-sol-price-target-open-interest-all-time-highs)

[3] 3M Users Mining BlockDAG: From $0.03 to $10? (https://www.cryptoninjas.net/news/3m-users-mining-blockdag-from-0-03-to-10/)

[4] Cardano Bull Reveals When He'll Start Selling His ADA Bag (https://thecryptobasic.com/2025/09/05/cardano-bull-reveals-when-hell-start-selling-his-ada-bag/)