SEC Delays DOGE ETF to 2025 as Chainlink Eyes $30 and BlockDAG Surpasses 15,000 TPS

The cryptocurrency market is witnessing significant shifts as major players and emerging networks influence price dynamics and investor sentiment. The U.S. Securities and Exchange Commission (SEC) has delayed its decision on Grayscale’s proposed spot Dogecoin (DOGE) ETF until October 2025, creating uncertainty for the market. The ETF, which would list under the ticker GDOG on NYSE Arca, features in-kind redemption mechanisms and Coinbase Custody as trustee, signaling potential institutional legitimacy for DOGE. Traders are watching closely, with DOGE currently trading near $0.22, facing resistance at $0.25 and support near $0.19. Whale accumulation, rising futures open interest above $3.3B, and a bullish inverse head-and-shoulders pattern on the chart have led analysts to suggest the coin could climb toward $0.30 if resistance breaks [1].

Meanwhile, Chainlink (LINK) continues to attract attention with its strong price action and growing enterprise adoption. The token surpassed $26 after heavy whale buying, declining exchange balances, and the creation of nearly 3,000 new wallets in a single day. A golden cross between the 50-day and 200-day moving averages has added technical validation, with analysts forecasting a target of $30 and potentially $38 if momentum persists. Institutional partnerships, including integration with Swift and UBS through Chainlink’s Cross-Chain Interoperability Protocol (CCIP), are reinforcing its enterprise appeal [1].

However, BlockDAG is emerging as a standout with its hybrid DAG plus Proof-of-Work model, achieving throughput of over 15,000 transactions per second—comparable to Visa’s processing speed. This performance metric is critical for institutional adoption, as it directly addresses scalability and speed requirements for enterprise-grade blockchain solutions. The project has raised $381 million in its presale, selling 25 billion coins, with early investors seeing a 2,660% return from the Batch 29 price of $0.0276. With a confirmed $0.05 launch price and 2.5 million mobile miners supporting its ecosystem, BlockDAG is showing strong grassroots and institutional backing [1].

These developments highlight a broader trend in the crypto space: regulatory decisions, institutional partnerships, and scalable infrastructure are converging to shape market dynamics. While DOGE’s ETF delay introduces uncertainty, its institutional infrastructure and community support suggest potential for a rebound. Chainlink’s enterprise integrations and bullish indicators reinforce its trajectory toward $30. In contrast, BlockDAG’s technical performance, liquidity, and user growth are positioning it as a formidable contender in the race for real-world blockchain adoption [1].

Source: [1] SEC Pushes Back DOGE ETF, Chainlink Targets $30, BlockDAG Dominates Market With Visa-Level Speed and $381M Presale! (https://coinmarketcap.com/community/articles/68abd2d57491280cc5b4188b/)