TRON Market Cap Nears $27.91 Billion With Leveraged ETF Proposal Dogecoin Surges 9.77% Amid Meme Coin Resurgence BlockDAG Raises $338 Million With Sports Partnerships

This week, the crypto market is experiencing significant activity, with several altcoins making notable moves. TRON (TRX) is gaining momentum as it pushes forward with a proposed leveraged ETF. The market cap of TRON is nearing $27.91 billion, indicating growing interest from larger players. Concurrently, Dogecoin (DOGE) has seen a 9.77% price surge, demonstrating that meme coins still hold considerable influence, especially when buyer energy returns.

TRON's next strategic move involves a new leveraged ETF proposal filed by REX Shares with the SEC. The T-Rex 2X Long TRON Daily Target ETF aims to double daily TRX price momentum through swaps and call options, without actually holding the asset. This proposal comes at a time when TRON's market cap stands at $27.91 billion, and volume has jumped 30% to $590 million. The technical setup for TRX is also bullish, with the MACD flipping green for the first time in 2025, indicating a positive momentum story.

DOGE's recent price surge has pushed its market cap to $29.71 billion, with trading volume rising 14% to $1.96 billion. The coin is back in a demand zone around $0.17, and if it breaks resistance and stays above $0.224, another price surge could follow. However, there are some doubts creeping in, as the chance of a DOGE ETF has dropped to 75% from 81% after Trump’s blue-chip ETF left out meme coins. Additionally, Binance’s long/short ratio hit a one-month low, making traders cautious despite the recent rise.

While TRX and DOGE are making headlines, BlockDAG (BDAG) is carving out its own path. With $338 million raised and 23.9 billion coins sold, BlockDAG's latest Seattle sports deals and the upcoming GLOBAL LAUNCH release are generating significant interest. BlockDAG has partnered with two major Seattle sports teams, the Seattle Seawolves of Major League Rugby and the Seattle Orcas of Major League Cricket. These partnerships bring blockchain technology directly to fans, offering co-branded media, behind-the-scenes updates, and NFT-based fan perks.

BlockDAG's sports moves are launching alongside its GLOBAL LAUNCH release offer, with a presale price of $0.0016 available until August 11. The launch target is $0.05, pointing to a possible 3,025% gain. The standard price in Batch 29 is $0.0276, making this lower offer a rare opportunity for significant upside. BlockDAG's blend of real-world sports with technology is positioning it as a potential leader in the next crypto bull run in 2025.

In summary, the crypto market is experiencing a surge in activity, with TRX and DOGE leading the charge. TRON's proposed leveraged ETF and DOGE's recent price surge are indicative of growing interest and potential for further gains. Meanwhile, BlockDAG's strategic partnerships with major sports teams and its upcoming GLOBAL LAUNCH release are positioning it as a key player in the next crypto bull run. Early movers in the market are closely watching these developments, as they could shape the direction of the crypto market in the coming months.