Solana News Today: Ethereum Solana Approach Key Levels BlockDAG Presale Attracts $364M Amid $0.0016 Window

Ethereum (ETH) and Solana (SOL) are both under close watch as they inch closer to key price levels. ETH recently retreated after testing $4,000, currently trading between $3,500 and $3,700, while SOL is consolidating above $165 with an eye on breaking through $180. Technical indicators and on-chain data suggest both projects are building momentum, though a clean breakout is still needed to confirm bullish sentiment [1].

Ethereum’s on-chain activity reflects strong accumulation, with the Exchange Supply Ratio hitting a multi-year low at 0.13, indicating fewer tokens are sitting on centralized exchanges [1]. A move above $3,700 could retest the $4,000 level, potentially unlocking further upside to $4,400–$4,500 in the near term. Analysts note that Ethereum remains well-positioned with strong fundamentals and institutional backing, though near-term gains may be measured [1].

Meanwhile, Solana (SOL) has rebounded from a support level at $155 and is currently trading within a range of $165 to $172. A breakout above $172 would likely pave the way for a test of $182 and possibly $192 if momentum sustains. Network activity remains robust, with Solana maintaining leadership in daily active addresses and DeFi growth. However, analysts caution that while the project is in a recovery phase, it still has a long road to retrace its former all-time high near $250 [1].

Amid the ETH and SOL focus, BlockDAG is emerging as a compelling alternative for early-stage investors. Priced at $0.0016 until August 11, the project is offering a substantial discount compared to its batch price of $0.0276 and a projected exchange launch price of $0.05 [1]. The token is currently in Batch 29 of its presale, with over $364 million raised to date. BlockDAG has attracted more than 2.5 million users on its X1 mobile app, which has gone viral across Android and iOS platforms [1].

The project also features a 10 BTC auction for early buyers, five confirmed exchange listings, and the recent launch of Dashboard V4 with live trading tools. BlockDAG’s hybrid blockchain-DAG architecture, EVM compatibility, and a low-code smart contract builder are supporting its infrastructure growth. Additionally, the project is offering a 100 million BDAG airdrop to drive long-term engagement [1].

While ETH and SOL are well-established with strong fundamentals, both have already seen significant rallies. This means their near-term upside may be more incremental than exponential. In contrast, BlockDAG is still in its launch phase, with a limited-time entry window that presents an outsized opportunity for investors [1].

At $0.0016, BlockDAG provides a strategic entry point with real infrastructure and growing user adoption. The project is not just a presale; it is a functioning ecosystem with viral app traction and tangible use cases. In a market where timing often determines returns, BlockDAG is being positioned as a first-mover opportunity, offering a rare combination of low cost, scalability, and momentum that has yet to be fully priced in [1].

Source:

[1] Before ETH Breaks $4K and SOL Hits $180, BlockDAG’s $0.0016 Window and Viral App Demand Attention. https://coinmarketcap.com/community/articles/68935b9cb46e7b045011a1c1/