Ethereum News Today: BlockDAG Presale Surpasses $375M as Ethereum, Solana, and Cardano Drive Crypto Rally in August 2025

The crypto market is experiencing robust price action in August 2025, with major assets such as Ethereum, Solana, and Cardano gaining traction alongside an emerging project, BlockDAG, which is generating substantial presale interest and strategic exchange listings. The sector is witnessing institutional inflows, increased exchange listings, and strong community adoption, reinforcing the appeal of both established and emerging names in the market.

BlockDAG is building momentum with a hybrid Layer-1 network that combines Directed Acyclic Graph architecture with Proof-of-Work consensus and full EVM compatibility, enabling high transaction throughput and strong security. The project has raised over $375 million toward a $600 million presale goal, with more than 25 billion BDAG coins sold in 29 batches. Batch 1 buyers have seen gains of approximately 2,660%, and current participants could see an 81% upside if the listing reaches $0.05. The project is listed on 20 exchanges, including MEXC and BitMart, and is pursuing listings on major U.S. platforms like Coinbase and Gemini. With over 2.5 million users mining BDAG via the X1 mobile app, 200,000 token holders, and a developer base of 4,500 building over 300 applications, BlockDAG is gaining traction before its mainnet launch [1].

Ethereum is trading near $4,720, supported by record-breaking ETF inflows of over $1.5 billion in just two days. Institutional and corporate treasury buying continues to bolster the market, and the SEC’s determination that ETH is not a security has enhanced market confidence. Analysts remain optimistic, with Standard Chartered projecting a price of $7,500 by year-end and long-range forecasts reaching $25,000 by 2028. Tom Lee has outlined a scenario suggesting ETH could reach $16,000 by December 2025 under favorable conditions. The upcoming Pectra upgrade, aimed at scaling validator stakes and improving wallet functions, adds to Ethereum’s long-term appeal [1].

Solana is trading near $199, with daily gains of approximately 14% and a weekly rise of 22%. It has recently broken through the $200 level, reaching highs near $202. Analysts project a potential move toward $244–$250, with some forecasting a target of $268. The broader altcoin rally and positive macroeconomic sentiment, including potential U.S. Federal Reserve rate cuts, are supporting this momentum. Despite Alameda Research unstaking $35–$38 million worth of SOL, Solana’s active ecosystem and developer activity continue to attract attention, making it a compelling choice for traders seeking volatility and breakout potential [1].

Cardano is priced near $0.87, with a golden cross forming as the 50-day simple moving average crosses above the 100-day. Whale buying of approximately $157 million worth of ADA, representing over 10% of the total supply, has supported the price. Open interest in ADA futures has risen to about $1.41 billion, signaling increased trader engagement. Speculation over a potential Cardano ETF has also grown, with the probability of approval rising from 60% to 75%. Near-term price targets range between $0.95 and $1.20, while longer-term outcomes will depend on adoption and broader market trends [1].

August 2025 is proving to be a pivotal period for the crypto market, with Ethereum, Solana, and Cardano offering strong fundamentals and market-driven growth. However, BlockDAG stands out as a unique opportunity, combining substantial presale funding, a large miner network, and a strategic exchange plan focused on U.S. platforms. With over $375 million raised, more than 2.5 million active miners, and listings on 20 exchanges, BlockDAG is building the infrastructure for long-term performance. If the listing execution aligns with presale momentum, it could transition from a newcomer to one of the year’s most closely watched assets [1].

Source: [1] What Crypto to Buy Now: BlockDAG, Ethereum, Solana & Cardano (https://coinmarketcap.com/community/articles/68a08fe6ce965a02519f2a29/)