Bitcoin News Today: BNB Hits $855 on $520M Windtree Investment, Trading Volume Soars 195%

Binance Coin (BNB) climbed to $855 in late July following a $520 million investment by Windtree Therapeutics, driving a 195% spike in 24-hour trading volume to $2.9 billion [1]. This surge pushed BNB through key resistance levels, with analysts suggesting further potential in the $1,000–$2,000 range if the buying momentum persists [1]. The price remains in a phase of discovery, with strong support levels preventing significant short-term dips [1].

Meanwhile, Avalanche (AVAX) showed signs of a potential bounce after testing its $25 support level. The cryptocurrency held steady above the 20-day EMA, which acted as a critical floor, and broke out of a descending channel and a double bottom pattern, indicating positive momentum [1]. If AVAX manages to push above $26–$27, it could aim for $31–$35, though on-chain data suggests a liquidity pocket near $28 might trigger short-term volatility [1].

BlockDAG (BDAG) is gaining attention ahead of its GLOBAL LAUNCH on August 11, fueled by a $1.1 million 10 BTC Auction. The campaign has already raised $361 million and sold over 24.46 billion BDAG, with Batch 29 priced at $0.0276—offering early Batch 1 buyers a 2,660% return [1]. A limited-time $0.0016 price point is available until August 11, potentially providing a 3,025% return based on the $0.05 launch estimate [1].

The auction is structured to reward early participation, aligning with BlockDAG’s strategy of building a strong community and driving sustained value growth. As the August 11 launch approaches, the project is leveraging timing, participation incentives, and a clear structure to maintain high engagement and momentum [1].

While BNB and AVAX are showing strength from broader market dynamics, BlockDAG stands out for its targeted approach to user involvement and reward mechanics. With its unique auction model and limited-time entry pricing, the project is positioned as a standout in the evolving 2025 crypto landscape [1].

Source: [1] BlockDAG’s $1.1M 10 BTC Auction Steals Spotlight as BNB Surges to $855 and AVAX Signals Bounce (https://cryptonewsland.com/blockdags-1-1m-10-btc-auction-steals-spotlight-as-bnb-surges-to-855-and-avax-signals-bounce/)