Solana News Today: Solana Targets $268, Mantle Surges 35% as BlockDAG Attracts $383M in Presale

The cryptocurrency market is witnessing divergent trajectories among key players, with Solana and Mantle both showing significant price momentum, while BlockDAG is gaining traction for its infrastructure-driven approach. Solana (SOL) is currently consolidating at $182, retesting the $185–$190 resistance level, with analysts noting the potential for a breakout toward $205, $225, and even $268 if the price closes above this zone [1]. On-chain activity, including a surge in whale wallet holdings and a high transaction throughput of over 107,000 transactions per second, supports the bullish case [1]. However, the Spent Output Profit Ratio (SOPR) remains below one, indicating that many holders are transacting at a loss, a sign of consolidation rather than aggressive profit-taking [1].

Meanwhile, Mantle (MNT) has delivered a 35% price surge within a week, trading at $1.37 and forming a strong ascending channel [1]. Technical indicators like the Chaikin Money Flow and Super Trend support the momentum, with a target of $1.51 if the bullish trend continues. However, a drop below $1.26 could signal a reversal, pushing the price toward $1.11. The rally is seen as a breakout move but remains subject to the broader market environment [1].

BlockDAG, in contrast, is capturing attention through its development-focused strategy. The project has raised over $383 million in its presale, with tokens selling at $0.0276 in Batch 29 and a projected launch price of $0.05 [1]. This represents an estimated 2,660% return on investment based on presale momentum and long-term expectations. A key differentiator is the V4 Dashboard, which functions like a live exchange simulator, offering real-time price tracking, wallet overviews, and referral rankings. This transparency fosters trust and engagement before the token officially launches [1]. Additionally, the BlockDAG Academy offers a tiered educational program, deepening user understanding of blockchain fundamentals and smart contracts while providing verifiable credentials. The project also benefits from the support of 2.5 million X1 app miners, expanding its adoption base and reinforcing its fundamentals [1].

While Solana and Mantle offer compelling technical setups and short-term gains, BlockDAG’s value proposition lies in its measurable infrastructure and community-driven adoption. Unlike the price-dependent success of the others, BlockDAG is building a transparent and educational ecosystem, making it a more robust option for investors focused on long-term value [1].

Source: [1] Solana Eyes $268, Mantle Climbs 35%, But BlockDAG’s V4 Dashboard Makes It the Best Crypto to Buy Now (https://coinmarketcap.com/community/articles/68aea05f1c8d985198a1e8fc/)