Solana News Today: BlockDAG Surpasses $382.5M Presale As Solana and Worldcoin Face Downward Pressure

The cryptocurrency market continues to show divergent trends, with Solana and Worldcoin under pressure while BlockDAG gains traction through strategic sports partnerships and strong presale performance. Recent data shows Solana (SOL) declining by nearly 6% on August 18 and an additional 0.8% the following day, pushing prices back toward the $170–$174 support range [1]. The coin struggles to break above the $190 resistance level, with technical indicators suggesting consolidation below $200 and a potential deeper correction if the $174 threshold is breached [1].

Worldcoin (WLD) faces similar challenges, trading within a symmetrical triangle and hovering around $0.92 [1]. Futures open interest has dropped significantly from $465 million to $287 million, signaling declining trader confidence [1]. Analysts anticipate WLD may fall toward the $0.70–$0.75 range in the short term, with upside limited under $0.96. Long-term forecasts vary, with models projecting WLD could reach as high as $2.60 by 2026 if momentum improves [1].

In contrast, BlockDAG (BDAG) is gaining momentum, having raised over $382.5 million through its ongoing presale, with more than 25.4 billion tokens sold across 29 batches [1]. The project has sold over $7.8 million in miner devices, with more than 19,400 units distributed globally. Early batch 1 investors are reportedly seeing 2,660% gains, and the current presale price stands at $0.0276 [1]. A listing price of $0.05 is projected, and the hard cap of $600 million is expected to support liquidity, exchange listings, and ecosystem growth.

BlockDAG’s strategy of leveraging sports sponsorships has played a key role in building recurring cycles of visibility and engagement. The project has partnered with global sports teams, including Inter Milan in European football, the Seattle Seawolves in rugby, and the Seattle Orcas in cricket [1]. These partnerships tap into passionate fanbases, creating consistent exposure that drives demand. An upcoming U.S. mega sponsorship, currently awaiting clearance, is expected to further boost BlockDAG’s presence in mainstream American sports culture [1]. Each sports season becomes an opportunity for renewed interest, leading to predictable cycles of attention that differ from traditional market hype [1].

This approach, combined with strong financial performance, positions BlockDAG as a standout project in 2025. The blend of real-world visibility and growing investor interest creates a model that supports long-term growth and adoption [1].

[1] https://timestabloid.com/solana-price-drops-worldcoin-weakens-while-blockdag-raises/