BlockDAG Raises $336 Million in Presale, Partners with Seattle Sports Teams

BlockDAG has successfully raised over $336 million in its presale, with 23.8 billion BDAG coins sold. The project has formed strategic partnerships with the Seattle Seawolves and Seattle Orcas, two prominent Major League Rugby franchises. These collaborations aim to integrate blockchain technology into the sports industry, offering fans unique experiences such as NFTs, exclusive digital content, and behind-the-scenes access. This move is part of BlockDAG's broader strategy to bring blockchain into mainstream culture and drive broader adoption.

BlockDAG's presale has been a significant success, with the project raising over $336 million and selling 23.8 billion coins. The price of BDAG has increased by 2,660% since the first batch, moving from $0.001 to $0.0276 by batch 29. However, the entry price remains at $0.0016 until the BDAG GLOBAL LAUNCH release on August 11. With a $600 million presale target in sight and growing community support, analysts now rank BlockDAG among the bullish crypto coins for 2025. Projections suggest it could reach $1 post-launch, creating a sense of urgency among buyers aiming to get in before the price window closes.

Meanwhile, the Solana (SOL) price chart is showing signs of weakness, trading just above $147. Analysts are pointing to a descending broadening wedge pattern, which could lead to a drop toward the $120–$125 range if downward pressure continues. Open short positions now total $78.42 million, outpacing long trades significantly. Volume has dropped by nearly 50%, suggesting less conviction among traders. For now, $141 acts as key support, and if that level fails, further downside could follow. Resistance sits at $160, and until trading volume picks up again, a strong recovery may remain out of reach.

In contrast, the Shiba Inu (SHIB) price momentum is improving, largely due to a 10,800% jump in the token burn rate over 24 hours. More than 9.5 million SHIB were removed from circulation, reinforcing community interest in reducing supply and helping price performance. While this amount is still small compared to the total supply, SHIB saw a 3.66% price increase. Indicators like RSI are shifting away from oversold conditions, signaling the possibility of a continued climb. However, weak trading volumes suggest that stronger buying interest will be needed to sustain a lasting uptrend.

BlockDAG's strategic partnerships with Seattle sports teams and its impressive presale performance demonstrate how blockchain adoption can extend far beyond typical use cases. By aligning real-world value with digital innovation, BlockDAG is offering a model that speaks to both seasoned crypto users and newcomers. With a fixed price of $0.0016 and its BDAG GLOBAL LAUNCH release just around the corner, BlockDAG is becoming one of the most talked-about bullish crypto coins for 2025.