Algorand (ALGO) Targets 70% Gain by Year-End, Polygon (POL) Faces 25% Slide, BlockDAG Aims for U.S. Market Entry

Algorand (ALGO) has shown a steady recovery from its April dip, with indicators suggesting a potential move toward the $0.50 mark. The cryptocurrency's price prediction indicates a slow but steady recovery pattern, with a rise from around $0.149 in April to nearly $0.24 by mid-May. However, the upward momentum stalled near the 200-day exponential moving average, a key level to watch for future movements. If market sentiment remains positive, ALGO could reach an average of $0.50 by year-end, with upper targets near $0.89. This outlook is supported by growth in the Algorand ecosystem and planned network updates. However, there is still downside risk, with analysts placing support around $0.45 if market interest weakens.

In contrast, Polygon (POL) faces increasing downside signals, with a risk of deeper losses. Recently, POL dropped to its lowest point since April 21, trading near $0.1915 under broad market stress. A fall below the 23.6% Fibonacci level and the 50-day moving average added to the bearish tone. Technical indicators, such as the RSI falling and the MACD showing downward pressure, suggest more weakness, giving an edge to sellers. This setup could lead to a 25% slide toward the $0.14–$0.15 support area if the current trend continues. To change direction, POL would need to climb above the 50% Fibonacci level, which sits close to $0.22. Until that happens, technical signals remain tilted toward continued downside risk.

BlockDAG (BDAG) is taking a different approach by preparing for a U.S. market entry that supports broader international reach. With $326 million raised and over 22.4 billion coins sold, BlockDAG stands apart for its long-term strategy and global positioning. The project's move into the U.S. market is a planned step aimed at broader global reach. A strategic partnership in the United States is expected soon, and the project is preparing for greater visibility that goes beyond its current presale progress. The U.S. has always played a major role in shaping crypto rules, adoption, and financial flows. For BlockDAG, entering this space is not just about being present in one region. It opens the door to expanding its role across important global markets.

This step also continues a path of strong momentum. BlockDAG has collected $326 million through its crypto presale, now in batch 29. As part of the GLOBAL LAUNCH phase, users can buy BDAG at a $0.0017 price for all extra BDAG until August 11, matching the rate from batch 1. As BlockDAG grows its presence in areas like decentralized systems and smart contract use, this U.S. move could help it stand out. Its use of DAG and PoW systems, along with international hardware delivery and built-in ecosystem support, fits with how many see the next stage of Web3 development taking shape.

Price action alone does not tell the whole story. The long-term impact of technical setups is becoming more important as the market evolves. For Algorand (ALGO), staying above support and breaking resistance could support its slow upward path. Polygon (POL), however, may face more losses unless it can recover above key levels. BlockDAG is taking another route, using strategic development to expand its presence. Its entry into the U.S. market is part of a wider global strategy. Rather than relying on short-term price changes, the project is setting a base for long-term visibility. For those tracking Web3 growth, it’s useful to follow which platforms are building ahead of time rather than reacting to market shifts.