Bitcoin News Today: SUI and LINK Make Strategic Moves as BlockDAG Presale Hits $367M with 3,025% Gain Potential

SUI and LINK continue to draw attention as both Sui Network and Chainlink roll out key developments, while a new contender, BlockDAG, has generated significant buzz with a presale campaign and a Bitcoin giveaway capturing the imagination of crypto traders. Sui’s recent partnership with AMINA Bank marks a strategic step toward institutional credibility, with the Swiss-regulated bank becoming the first to support SUI custody, trading, and staking [1]. This move comes after the largest-ever token unlock of 76.27 million SUI, which caused a temporary dip in price but did not derail its strong fundamentals. July’s DEX volume hit $14 billion, and TVL remains between $2–2.3 billion, while developer engagement is surging [1].

Chainlink (LINK) is expanding its footprint through the launch of Data Streams, a service that delivers real-time price data for major U.S. equities and ETFs to 37 different blockchains [2]. This update is enabling the creation of tokenized equity products and synthetic ETFs, and is being integrated by major DeFi protocols like GMX and Kamino. Analysts suggest the feature positions Chainlink to play a pivotal role in the growing tokenized asset market [2]. LINK’s price has seen a modest rise to $17, though it remains within a $13.5–$17 range, with key resistance at $20 seen as a potential catalyst for a move toward $31 or even $42–$44 [2].

Meanwhile, BlockDAG has sparked a buying frenzy with its presale campaign, which has already raised $367 million and sold 24.8 billion BDAG tokens [3]. The presale price is locked at $0.0016 until August 11, after which it will increase to $0.0276 and continue to rise in subsequent batches. The project’s interactive dashboard allows buyers to simulate potential gains as the price moves toward its $0.05 listing target, offering a real-time view of possible returns of up to 3,025% [3].

A 10 BTC ($1.1 million) prize pool is also driving participation, with rewards distributed based on the size of each purchase. This, combined with a live leaderboard and one of the lowest entry points in the crypto space, has made BlockDAG a top choice for investors seeking immediate exposure [3].

While Sui and Chainlink are laying the groundwork for long-term institutional and developer adoption, BlockDAG is providing a unique value proposition through its presale model, offering visibility into potential returns before the project’s official launch. With over $367 million raised and a clear trajectory toward its $0.05 price target, BlockDAG’s approach is resonating with a market eager for tangible results [3].

Source:

[1] SUI Taps Banking Sector With AMINA, LINK Integrates 37 Chains, BlockDAG Presale Sees Buying Frenzy With 10 BTC Giveaway! (https://coinmarketcap.com/community/articles/6897c6000fda8d1ccc6adccb/)