"SOL, BNB Plummet; BlockDAG's Affiliate Program Attracts $191.5M"

Solana (SOL) and Binance Coin (BNB) experienced a decline in recent days, with SOL dropping to $210 and BNB falling by 19% from its peak. Meanwhile, BlockDAG (BDAG) introduced a new affiliate program offering a 5% USDT cashback, attracting over $191.5 million in presale funds and generating a 2,380% ROI for early supporters.

Solana's price retreated sharply over the weekend, despite the network capping a record $258 billion milestone in January. The coin dropped to $210 on Sunday, down by almost 30% from its highest level this year, bringing its market cap to $103 billion. At last check, SOL hovered around $212. The ongoing sell-off in the crypto industry sent most coins into the red, with Bitcoin (BTC) moving briefly below $100,000 and the total market cap of all cryptocurrencies crashing by almost 4% to $3.4 trillion.

Binance Coin (BNB) crypto has declined 19% from its peak of $794, hitting a low of $640 before stabilizing around $677. This downturn has led to speculation about whether BNB will find support at $638 or extend losses toward $485. Some analysts suggest that the current wedge-like chart pattern aligns with an ongoing Elliott Wave correction, indicating potential further declines. Despite the recent dip, BNB crypto remains in a broader uptrend, though weakening momentum is becoming evident.

Solana (SOL) price action has become uncertain after dropping below $250, raising concerns that further declines may follow if it fails to stay above $235. Market watchers note that SOL remains below the 100-hourly simple moving average, pointing to limited upward momentum. If Solana cannot break past resistance at $242, it may test support levels at $225 or even drop further to $222. Currently, SOL is trading at $238.96 as traders wait for a clearer market direction.

BlockDAG's presale continues to attract attention, especially with the latest enhancement to its Affiliate Program, which provides 5% instant USDT cashback to both referrers and