Cardano Drops 15% Amid Geopolitical Concerns Ethereum Gains $274 Million in Institutional Inflows BlockDAG Raises $324 Million in Presale

This week, the cryptocurrency market has seen significant developments, particularly with Cardano (ADA) and Ethereum (ETH) facing setbacks. Cardano's price has weakened, losing almost 15% in just a week and trading near $0.54 after touching $0.51, a level not seen since February. This drop was influenced by geopolitical concerns from the Middle East, which also affected other top coins. On-chain data indicates rising profit-taking and increasing sell pressure, with about $17 million in long positions wiped out. ADA was rejected from its 200-day Exponential Moving Average (EMA) and has broken below a long-term support line, with the Relative Strength Index (RSI) at 26, suggesting a possible short bounce but an overall cautious market. For now, ADA appears to be in a correction with no clear sign of a full recovery.

Ethereum, on the other hand, slipped 2% recently but gained $274 million in inflows, reflecting rising institutional interest ahead of ETF news. This inflow was one of ETH’s highest single-day totals in weeks and has helped support market sentiment, despite its 35% year-to-date lag. Many of these inflows are happening on Layer 2 platforms like Arbitrum and Base, highlighting the critical role of scaling solutions for Ethereum. However, ongoing delays in system upgrades and stronger competition from newer Layer 1 platforms continue to hold ETH back. While Ethereum remains a leading name, it is not currently setting the pace in the market.

In contrast, BlockDAG is taking a more action-driven approach. The recent launch of its 100 million BDAG airdrop is designed to promote real participation rather than passive rewards. This airdrop requires users to complete tasks across four categories: Testnet, Presale, Social, and Referral, encouraging on-chain interaction over simple promotion. This approach not only brings in actively involved users but also helps test the system before the mainnet launch, supporting a more engaged user base. BlockDAG is not just distributing coins; it is building a real network before full release.

The presale of BlockDAG continues to show strong progress, with more than $324 million raised in Batch 29, priced at $0.0080. With a launch price set at $0.05, the potential implied return could be significant. BlockDAG's core technology, which uses a DAG-based structure with Proof-of-Work security and EVM compatibility, supports low-code development. These features are available now, with a public Testnet and live Developer Hub. Exchange listings are confirmed on several platforms, reflecting real progress rather than future claims.

As Cardano works to maintain its support levels and Ethereum relies on institutional inflows for momentum, BlockDAG is gaining attention through consistent delivery. The 100 million coin airdrop supports hands-on activity and helps build growth that is not based on short-term speculation. Instead of chasing short-term attention, the structure rewards actual use, supporting a more stable base for the project. The limited-time entry price of $0.0080 and over $324 million raised in the presale show how active the response has been. With the $0.05 launch price and confirmed listings on five exchanges, the data points to forward movement. While Cardano's price analysis reflects market pressure and Ethereum's sentiment shifts with capital inflows, BlockDAG shows clearer direction, making it a top crypto to watch.