Ethereum News Today: BlockDAG Presale Hits $341 Million With Buyer Battles Driving 2,660% Gains

BlockDAG has been making significant strides in the cryptocurrency market, with its presale reaching an impressive $341 million. This achievement is largely attributed to the innovative Buyer Battles format, which has successfully engaged the community and driven substantial participation. The initiative allocates 50 million BDAG coins daily to top participants, fostering a competitive and rewarding environment that encourages consistent user engagement. This gamified approach has not only increased the presale volume but also maintained a steady transaction pace, making BlockDAG a standout project in the current market landscape.

As of now, BlockDAG has sold 24 billion BDAG coins and is currently priced at $0.0016, available until August 11. This presents a unique opportunity for newcomers to invest at near-launch levels. Early supporters have already seen their investments grow by 2,660%, highlighting the project's strong traction and growing interest. The Buyer Battles campaign, which resets every 24 hours, ensures that every user has a new chance to earn a share of the 50 million BDAG, thereby sustaining demand and excitement throughout the presale period.

Ethereum, on the other hand, has been holding steady around $2,970, following a period of strong gains. The coin recently hit a peak of $3,074 on July 15 before experiencing a slight pullback, indicating a phase of consolidation. Despite this, the overall trend for Ethereum remains positive, with the coin up more than 15% from early-July prices and maintaining support near $2,945. Analysts are closely monitoring the $3,060 to $3,100 resistance zone, with a potential breakout above this range driving price action toward $3,300. Technical indicators such as the MACD and RSI suggest upside momentum if buy pressure increases, supported by rising inflows into spot ETH ETFs and renewed institutional interest in Ethereum’s long-term prospects.

SUI has also been making notable progress, with nearly 20% gains since mid-July, reaching near the $3.94 level. This upward move is driven by increased DeFi participation within the Sui Network, where the total value locked has now exceeded $2.2 billion. Key platforms like NAVI and Cetus are contributing to the liquidity inflow, while SUI’s trading volume has surged, crossing $2.8 billion in 24 hours. Derivative open interest is also on the rise, indicating growing confidence from larger market participants. From a technical standpoint, the MACD shows a positive trend, and RSI has entered overbought territory, suggesting strong market momentum. If this current pace holds, SUI might test the $5 mark soon, placing it among the top trending cryptos in this upward cycle.

While both Ethereum and SUI have drawn attention lately, their progress aligns more with general market patterns than with any defining milestones. In contrast, BlockDAG’s success is driven by its performance-driven approach and increasing daily activity. With the August 11 Global Launch release nearing, BlockDAG continues to attract focus, positioning itself as one of the top cryptos to watch this year. For those seeking early entry into a project built on measurable traction, the current $0.0016 price window may offer strong potential.