Solana News Today: BNB Hits $860 ATH on Burn and Lockups, BlockDAG Presale Booms, Solana Struggles With $188 Resistance

Generated by AI AgentCoin World
Thursday, Aug 7, 2025 8:26 am ET1min read
BNB
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SOL
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Aime RobotAime Summary

- Binance Coin (BNB) reaches all-time high of $860 via token burns and institutional backing, with analysts projecting $1,048 potential.

- Solana (SOL) struggles at $188 resistance amid 1.4M wallet exits and divergent analyst forecasts between $201 breakout or $150 decline.

- BlockDAG's $364M presale drives 2.5M users with $0.0016 launch price, leveraging DAG-blockchain hybrid for fast transactions and 3,025% ROI potential.

- Market tracks BNB's scarcity-driven momentum, SOL's volatility risks, and BlockDAG's disruptive model as 2025's most-discussed crypto projects.

This week has seen heightened activity across the cryptocurrency market, with Binance Coin (BNB),

Solana
(SOL), and BlockDAG emerging as standout performers.
BNB
reached an all-time high of $860, driven by token lockups and burn mechanisms that reduced circulating supply. Solana, while showing resilience, faces key resistance levels as it attempts to break above $188. Meanwhile, BlockDAG has captured investor attention with its aggressive price strategy and rapid ecosystem growth [1].

BNB’s surge reflects broader confidence in the Binance ecosystem. Recent developments, including the Delabs Games TGE, triggered a 96.74% spike in BNB’s daily trading volume. Institutional interest is also growing, with

Nano Labs
allocating $500 million in reserves to BNB and
Windtree
adding it to long-term holdings. Additionally, Binance’s quarterly burn of $1.5 billion worth of BNB has intensified scarcity, further supporting upward price action. From a technical perspective, BNB’s MACD is bullish and the RSI is at 86.34, indicating strong momentum. Analysts suggest BNB could extend its gains toward $901 and possibly $1,048 if current trends continue [1].

Solana, however, is navigating a more volatile path. Despite a recent high above $200, the price has pulled back to around $187, hovering near critical support at $176. Analysts remain divided, with some predicting a test of the $201 level if the $188 resistance is breached, while others warn of a possible decline to $150 if momentum fails. User activity has also shown signs of fatigue, with 1.4 million wallet addresses lost in 48 hours. Rising Liveliness metrics indicate long-term holders are exiting, raising concerns about the sustainability of current price levels [1].

BlockDAG, on the other hand, has emerged as a high-performance contender. Its presale has raised $364 million, and with 24.8 billion tokens sold, it is already attracting 2.5 million users. A special GLOBAL LAUNCH price of $0.0016 is available until August 11, offering a potential 3,025% return as the official listing price is projected at $0.05. The project's hybrid blockchain-DAG model enables fast, scalable transactions with low fees, supported by EVM compatibility and a low-code smart contract builder. Ongoing initiatives such as the 10 BTC auction, five confirmed exchange listings, and the Dashboard V4 with real-time analytics further underline its growing credibility [1].

The market is closely watching these three projects as they represent different stages of growth and innovation. While BNB and SOL continue to strengthen their positions, BlockDAG’s unique model and aggressive price strategy have positioned it as one of the most-discussed projects of 2025. With a strong foundation of utility, user adoption, and institutional support, BlockDAG appears to be gaining traction in a competitive environment.

Source:

[1] BNB Climbs to ATH, SOL Battles Resistance, BlockDAG Unlocks 3025% ROI at Just $0.0016!

https://coinmarketcap.com/community/articles/689498b48e030a50e32ca1a1/