Ethereum News Today: Bitcoin Cash Near Key Resistance, PEPE Surges 10%, BlockDAG Presale Hits $374M

Bitcoin Cash (BCH) is currently trading near key resistance levels as it approaches potential 2025 highs, with price action consolidating around $620–$640 in August 2025 [1]. A breakout above $640 could propel the asset toward $689, with further upside potential to $800 and beyond if momentum holds [1]. The broader outlook for BCH remains bullish, supported by a multi-year breakout and strong adoption metrics, including its fourth-place ranking in Crypwerk’s adoption index. Analysts note that BCH’s low fees and fast transaction speed are key factors in its long-term viability, with some projections suggesting it could reach $2,675 by 2030 [1].

Meanwhile, PEPE has surged nearly 10% in the past 24 hours, outperforming other meme coins like DOGE and SHIB [1]. This performance is closely linked to Ethereum’s recent rally, driven in part by record inflows into ETH ETFs, particularly BlackRock’s ETHA. PEPE’s 0.76 correlation with ETH means it benefits from capital inflows into the broader Ethereum ecosystem. Despite its price having halved since January, the token’s holder base has grown by 25% in 2024, indicating sustained community interest. However, concerns remain over concentration, as the top 10 wallets control more than 37% of the supply, potentially affecting liquidity and volatility [1].

In a contrasting approach to short-term volatility, BlockDAG is positioning itself for long-term sustainability. With $374 million raised in its presale, the project is entering its final phase before a multi-exchange launch. At $0.0276 in Batch 29, BDAG is trading ahead of its projected $0.05 launch price. The project has secured 20 exchange listings, including MEXC, BitMart, and XT.com, ensuring immediate global liquidity [1]. BlockDAG’s hybrid blockchain-DAG architecture supports transaction speeds between 2,000–15,000 TPS, combining scalability with real-world adoption through its mining infrastructure, including more than 2.5 million daily users of the X1 mobile miner [1].

Beyond technical and financial metrics, BlockDAG is expanding its cultural footprint through partnerships with global sports teams such as the Seattle Orcas and Seattle Seawolves. These collaborations introduce NFTs, fan tokens, and exclusive content to broader audiences, helping bridge the gap between traditional entertainment and blockchain innovation [1].

While BCH and PEPE continue to draw attention with short-term rallies, BlockDAG’s strategic approach—backed by substantial capital, widespread exchange access, and real-world use cases—positions it as a unique contender in the evolving crypto landscape [1].

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Source: [1] BCH Climbs Toward New Highs, PEPE Jumps 10%, BlockDAG’s Presale Hits $374M Ahead of Multi-Exchange Debut!

(https://cryptonewsland.com/bch-climbs-toward-new-highs-pepe-jumps-10-blockdags-presale-hits-374m-ahead-of-multi-exchange-debut/)