BlockDAG X1+X10 Mining Demo Drives $7.5M Sales HYPE Holds $42.40 Support AAVE Dips 13%

BlockDAG’s live demonstration of its X1 and X10 mining solutions has captured significant attention in the cryptocurrency market, showcasing a functional and scalable mining framework. The event highlighted the integration of mobile and hardware mining, with the X1 app enabling users to mine up to 20 BDAG daily via a tap-to-mine feature and the X10 hardware generating 200 BDAG per day via Bluetooth connectivity. Over $7.5 million in hardware sales and 2 million X1 app downloads underscore strong user adoption, while the project’s $353 million presale—selling 24.3 billion coins at $0.0016 until August 11—further reinforces its market traction [1]. The demo’s real-time earnings and seamless synchronization between devices have positioned BlockDAG as a project prioritizing practical execution over speculative promises.

Hyperliquid (HYPE) has shown resilience amid recent volatility, with its price testing a critical support level near $42.40 after a 4.10% intraday decline. A 30% surge in trading volume indicates renewed interest, as the asset retests a trendline that has held since May 2025. Analysts note that revisiting this level for the fourth time could signal a bullish reversal, with projections suggesting a potential 45% rally to $60 if the trendline holds [1]. A relative strength index (RSI) of 49 and $3.5 million in exchange outflows support a long bias, while positive funding rates reflect sustained upward momentum.

AAVE, however, faces pressure after a 13% drop over seven days, trading near $284 as it approaches key support at $270. This level aligns with prior resistance and Fibonacci retracement points, offering a potential floor for stabilization. A recovery to $400 and beyond is anticipated if the asset holds above $270, supported by a $15 billion Total Value Locked (TVL) and upcoming deployment on Kraken’s Ink chain via DAO approval. The RSI at 44.12 and the lower Bollinger Band near $273 could act as cushions during continued bearish pressure [1].

BlockDAG’s Layer 1 architecture enables synchronized mobile and hardware mining without compromising convenience or output, a design that differentiates it from competitors relying on fragmented solutions. The X30 and X100 mining units have already entered production, validating the project’s scalability. With the official launch price set at $0.05, early investors in the presale batches have seen returns of up to 2,660%, reflecting confidence in the project’s execution [1].

Hyperliquid’s price analysis highlights a strategic accumulation phase, where sustained volume and support levels could catalyze a breakout. Conversely, AAVE’s technical indicators suggest a stabilization phase ahead of potential rebounds. BlockDAG, however, stands apart by delivering tangible results—real-time earnings, hardware sales, and presale growth—without overreliance on speculative narratives. This contrast underscores the importance of execution in a market where many projects remain in development stages [1].

Source: [1] [BlockDAG’s Seamless X1 + X10 Miner Demo Draws Market Attention! HYPE Holds Strong & AAVE Dips] [https://coinmarketcap.com/community/articles/6885b37589886325aee0984b/]