TRON's ETF Push Boosts Market Cap 30% Dogecoin Surges 9.77% BlockDAG Raises $338.5M

This week, the cryptocurrency market has seen significant developments, with several altcoins gaining attention due to price movements and strategic updates. TRON (TRX) has been in the spotlight as it pursues the launch of a leveraged ETF, which has sparked interest from institutional investors. TRON's market capitalization now stands at approximately $27.91 billion, indicating growing institutional curiosity. Meanwhile, Dogecoin (DOGE) experienced a notable 9.77% price surge, reaching around $0.1980, with its market capitalization at $29.71 billion. This surge highlights the enduring appeal of meme coins, particularly when trading volumes spike.

In parallel, BlockDAG (BDAG) has been making strides with real-world applications, having raised over $338.5 million and selling 23.8 billion coins. The company's strategic partnerships with sports teams in Seattle, including the Seattle Seawolves and the Seattle Orcas, have further propelled it into the limelight. These partnerships involve co-branded digital assets, behind-the-scenes experiences, and NFT-enabled access, enhancing fan engagement through blockchain technology. The presale price for BlockDAG is currently locked at $0.0016 until August 11, with the GLOBAL LAUNCH release targeting a price of $0.05, representing a projected 3,025% return. With batch 29 of the presale already live and earlier buyers enjoying a 2,660% rise since batch 1, the potential for significant growth has attracted considerable attention from the crypto community.

TRON's price momentum is bolstered by its push for a leveraged ETF called T-Rex 2X Long TRON Daily Target ETF. This ETF, which uses call options and swaps instead of holding TRX directly, has been proposed to the SEC. The daily trading volume for TRX has jumped 30% to $590 million, suggesting increased institutional interest. Additionally, the MACD indicator has flipped positive for the first time in 2025, signaling favorable conditions for TRX's price momentum. If technical indicators continue to align, TRX could see further gains.

Dogecoin's recent price surge has sparked optimism, but there are also signs of caution. The odds of DOGE getting its own ETF have decreased from 81% to 75%, following the exclusion of meme coins from a major blue-chip ETF endorsed by President Trump. Furthermore, Binance's long/short ratio for DOGE has reached its lowest point in a month, indicating a shift in market sentiment. Despite these challenges, DOGE's current trading range near $0.17 suggests potential for a bullish breakout if it surpasses the Point of Control line at $0.224.

BlockDAG's partnerships with the Seattle Seawolves and the Seattle Orcas are not just about sports; they represent a broader strategy to integrate blockchain technology with real-world entertainment. These alliances bring Web3-powered collectibles, player-led digital content, and fan-first engagement tools, creating a unique blend of sports and blockchain. The limited-time presale offer at $0.0016, coupled with the upcoming GLOBAL LAUNCH release, positions BlockDAG as a key player in the cryptocurrency market, particularly as the industry anticipates the next bull run in 2025.

In summary, TRON's institutional focus and ETF ambitions, along with Dogecoin's price surge, are stirring up the altcoin market. BlockDAG's strategic partnerships and presale offer are also gaining traction, making it a name to watch as the cryptocurrency landscape evolves. With significant developments on the horizon, the next crypto bull run in 2025 could see these altcoins playing pivotal roles in the market.