Ethereum News Today: APT Struggles, ETH Shows Strength, BlockDAG Presale Hits $358M

APT Faces Pressure, ETH Signals Rebound, BlockDAG Presale Climbs Past $358M [1]

Aptos has maintained a price of around $4.70 following a failed attempt to break above $5.69, signaling short-term uncertainty despite over $800 million in total value locked (TVL) across its DeFi platforms [2]. Analysts remain cautious, with technical indicators showing increased selling pressure and $4.60 identified as a critical support level. Long-term optimism persists, with some forecasts suggesting a potential rise to $15.54 by 2025 and $155.97 by 2031 [3].

Meanwhile, Ethena appears to be entering a bullish phase, with a key support level forming at $0.60. The price pattern mirrors a previous breakout seen in late 2024, raising expectations for a near-term move toward $0.90–$1.10. Analyst BATMAN has highlighted this as a favorable reentry zone, expecting a temporary pullback before a stronger upward trend [4].

BlockDAG (BDAG) has seen rapid momentum with its presale reaching $358 million. The return of the BEAT VESTING pass has driven significant demand, allowing early buyers to unlock their entire BDAG balance on day one of the launch. The presale price of $0.0016 presents a potential 3,025% return based on the confirmed listing price of $0.05. This offering is now available until August 11, adding urgency to the final days of the presale [5].

The launch of BlockDAG is scheduled for August 11, with the token set to list on 20 global exchanges, including MEXC, BitMart, and XT.com. Analysts have predicted a post-launch surge to $1 and a long-term target of $20 by 2027 [6]. With full launch access and strong community demand, the BEAT VESTING pass continues to attract attention as a unique value proposition in the current market landscape.

Aptos and Ethena both remain in consolidation phases, with Ethena showing stronger technical signs of a potential breakout than its counterpart. The market is closely watching whether volume and on-chain activity will support a shift in momentum. BlockDAG, in contrast, is rapidly capturing attention with a clear and defined upside trajectory, driven by its unique vesting structure and aggressive listing expectations.

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[1] APT Faces Pressure, ETH Signals Rebound, BlockDAG Presale Climbs Past $358M, https://coinmarketcap.com/community/articles/688e8b7cfd541c3f25ada9d2/