BlockDAG Sports Partnerships Push Presale Past $374.5M With 2,660% Early Gains

BlockDAG’s U.S. sports partnerships have driven its presale past $374.5 million, with 25.2 billion coins sold and the latest batch priced at $0.0276. Early buyers from the first batch are seeing gains of 2,660%. The project has also sold over 19,300 hardware miners, generating $7.8 million in revenue. These partnerships with major U.S. rugby and cricket teams are not just about brand visibility but are designed to convert sports fans into active blockchain participants through NFTs, club coins, and interactive voting [1]. The integration of blockchain into sports is seen as a unique growth opportunity, leveraging the massive and engaged fan bases of rugby and cricket [1].

AAVE has continued to hold above $300, rebounding from the 200-day EMA at $291. The token is now above the 50- and 100-day EMAs at $297 and $299, which have become key support levels. Despite net outflows of around $913K due to mild profit-taking, stable trading volumes suggest consolidation rather than a reversal. Institutional activity is also supporting AAVE, with the platform now managing over $50 billion in deposits, a figure comparable to the 47th largest bank in the U.S. [1]. This mix of technical and fundamental factors is reinforcing the token’s stability and is being closely watched by market analysts.

Avalanche (AVAX) is experiencing strong institutional backing and growing on-chain engagement. The network secured the second-largest allocation in BlackRock’s BUILD Fund, with $53.8 million in tokenized assets. On-chain metrics show that active monthly addresses have exceeded 7.3 million in July and remain above 6 million for consecutive months. Technically, AVAX is approaching resistance at $27.40, and a confirmed breakout could target levels between $50 and $55. The convergence of adoption metrics and institutional confidence is giving this bullish price forecast added credibility [1].

Each of these projects is leveraging different growth strategies. AAVE’s stability is underpinned by strong technical indicators and institutional deposits. AVAX benefits from rising on-chain activity and corporate partnerships. BlockDAG, on the other hand, is pioneering blockchain adoption in sports, targeting massive and loyal fan bases through cultural and community engagement. The integration of blockchain into sports represents a novel approach to expanding the user base for crypto projects, with BlockDAG’s model emphasizing emotional connection and long-term user retention [1].

Source: [1] BlockDAG’s U.S. Sports Deals Drive Presale Past $374.5M; More On AAVE’s $50B Deposits & AVAX’s Institutional Growth (https://coinmarketcap.com/community/articles/68a138b608803477d187ae6d/)