Injective TVL surges 22% to $165 million as capital inflows boost confidence Solana drops 10% to $135 as support level breaks BlockDAG presale raises $312 million with 2,678% growth potential

Injective (INJ) has garnered significant attention as its total value locked (TVL) surged by 22%, reaching $165 million. This increase reflects a strong inflow of capital into the Injective ecosystem, indicating growing developer and user confidence. The price of INJ is currently holding steady near $27.50, with analysts closely monitoring the $28.20 level as a potential breakout point. The Relative Strength Index (RSI) is trending higher, and buying activity remains robust, suggesting a bullish outlook for the token. The expanding ecosystem, with new projects launching regularly, is further supporting INJ’s upward trajectory. Investors seeking altcoins with growing use cases and stable pricing may find Injective an attractive option.

In contrast, Solana (SOL) experienced a sharp 10% decline, dropping from $150 to around $135 within a single day. This decline erased recent gains and broke through a short-term support level near $138. Market participants are now focusing on the $130 area as a critical support level. A sustained move below $130 could potentially drag SOL down to $120. Many traders are waiting for stability or a return to $140 before re-entering the market.

Meanwhile, BlockDAG has emerged as a standout performer, with its current metrics drawing considerable attention. Priced at $0.0018 until June 20, with a confirmed launch price of $0.05, BlockDAG offers a potential growth of 2,678%. The project has already raised over $312 million in its presale, indicating strong investor interest. BlockDAG’s working testnet, which is EVM-compatible and capable of handling up to 15,000 transactions per second, has been integrated with 20 exchanges. Additionally, two million users are actively mining on its mobile X1 miner app, demonstrating the project’s technical depth and growing user base.

BlockDAG is also making strides in mainstream culture, with a significant US-based sponsorship deal that will amplify its brand visibility across billboards and digital media. This sponsorship is expected to further boost the project’s momentum and online presence, potentially driving its upcoming exchange listings. The project’s combination of momentum, reach, and reliability positions it as one of the most compelling early-stage opportunities in the market. While Injective and Solana navigate market fluctuations, BlockDAG continues to advance steadily, offering a remarkable growth potential for early investors.