Ethereum News Today: BlockDAG Raises $342 Million, Partners with Seattle Seawolves for 2025 Season

Crypto momentum is accelerating, with three prominent names capturing significant attention. Mantle (MNT) is showing bullish signals, with a technical setup that could propel it toward $0.88. Meanwhile, Ethereum (ETH) is holding strong at $3,000, with bulls preparing for a rally toward $3,470. However, BlockDAG (BDAG) is making the most significant move, having raised $342 million, sold 24 billion coins, and secured a major partnership with Major League Rugby’s Seattle Seawolves, which is rapidly heating up its presale.

Mantle (MNT) is currently trading between the 100-day Exponential Moving Average (EMA) at $0.6869 and the 200-day EMA at $0.7485, holding above the 23.6% Fibonacci retracement at $0.6903. This retracement is based on the move from the January 6 high of $1.4198 to the July 1 low of $0.5524. Momentum is building after a breakout from a falling wedge, hinting at a major trend reversal. If MNT closes above the 200-day EMA, the next target is $0.8856, which aligns with the 50% Fibonacci mark. With the Relative Strength Index (RSI) sitting at 69 and the Moving Average Convergence Divergence (MACD) trending higher, bulls are clearly gaining ground. However, if MNT gets rejected at the 200-day EMA, a dip back to $0.6903 could be on the cards. Either way, the setup is explosive, and traders are watching closely.

Ethereum (ETH) is holding its ground after reclaiming $3,000, and bulls are pressing for more. ETH is testing the top of a broadening wedge pattern, and a clean breakout could flip resistance into support. If that happens, the Ethereum (ETH) price forecast points to a jump toward $3,470. However, there’s still a risk of a short-term pullback. The RSI and Stochastic Oscillator are both sitting in overbought territory. If ETH slips below $3,000, $2,850 is the next level to watch, followed by $2,500 for stronger support. If momentum fades and ETH drops under $2,500, the bearish case could push it back to $2,110. For now, though, the bulls are holding the line.

BlockDAG is making a bold move by partnering with Major League Rugby’s Seattle Seawolves as the Official Blockchain Partner for the 2025 season. This partnership brings digital collectibles, tradable tokens, and NFTs tied to the Seawolves directly to fans. Monthly content drops, behind-the-scenes videos, and game-day insights will be shared across social platforms to drive engagement and bring blockchain technology into the mainstream sports world. This move is not just about chasing trends; it’s about connecting with millions of sports fans who might be exploring blockchain for the first time. It’s a smart move, and it’s working.

Meanwhile, exchange listings are coming fast. So far, 20 listings are confirmed, including MEXC, LBANK, CoinStore, XT.com, and BitMart. The presale numbers are matching the hype: $342 million raised and 24 billion coins sold. BDAG is still priced at just $0.0016 in Batch 29, with the confirmed GLOBAL LAUNCH release price at $0.05. That’s a potential 3,025% return, ready for anyone getting in now. If you’re hunting for the next crypto to take off, this is your window.

The Mantle (MNT) price prediction suggests big gains could be ahead if it breaks above resistance. The Ethereum (ETH) price forecast looks solid too, as long as bulls keep $3,000 intact. However, BlockDAG is in another league right now. With a live testnet, active development, over $342 million raised, 20 exchange listings, and a sports deal that expands its reach, everything is lining up. And with its price still fixed at $0.0016 until August 11, the 3,025% ROI opportunity is still open. For anyone serious about finding the next crypto to take off, BlockDAG isn’t just a strong candidate; it’s already taking off. Batch 29 is moving fast, and those who want in at the lowest price need to act before the door closes.