$5M in 48 Hours: BlockDAG Gains Traction After Keynote 3! Solana Price Struggles While AVAX ETF Hopes Surge

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With Grayscale’s new AVAX ETF proposal and BlackRock’s growing presence in the ecosystem, Avalanche is gradually moving toward broader acceptance. These developments hint at Wall Street’s increasing interest in Avalanche’s role in DeFi and digital asset tokenization.

Yet, despite these signals, AVAX’s price remains locked at nearly $20, and it needs a solid breakout to confirm a more decisive direction. Meanwhile, Solana’s trend shows a slowing pace. Although it saw a minor 7-day uptick, momentum indicators are fading, and the key $116 level is now under close watch. If that support breaks, a short-term downside may follow.

As Avalanche and Solana remain tied to speculation and price resistance, BlockDAG (BDAG) delivers results. Within 48 hours of Keynote 3, it raised $5 million, pushing its presale above $210 million. The project is live with its Beta Testnet and targets 1,000+ dApps. It has also secured partnerships with global names like the UFC and Inter Milan.

Grayscale’s AVAX ETF Sparks Institutional Curiosity for Avalanche

Grayscale has filed for a spot in AVAX ETF, and with BlackRock’s quiet moves into Avalanche’s network, interest from financial institutions is on the rise. These updates may pave the way for a shift in how institutional money enters the Avalanche space, especially as it proves helpful in DeFi, real-world assets, and tokenization.

If the SEC gives the green light to Grayscale’s AVAX ETF, it would mark one of the first altcoin ETF approvals, offering a regulated route for more prominent players to get involved. Such a development could open the door to future altcoin ETF listings beyond Bitcoin and Ethereum.

whales are buying follow the smart money

AVAX trades in a narrow zone, testing resistance at $20.60 with support near $19.80. A breakout might push it to $21, but a rejection could bring it under $20. With rising attention and growing ETF discussions, Avalanche may soon shift gears if key levels are breached.

Solana Price Faces Pressure: Risks of Falling Below $120 Rise

Solana (SOL) is moving between $124.50 and $138.79, posting a 2.61% rise over the past week. While this might reflect slight optimism, broader signals show weakness. The coin is down 2.33% over the last month and nearly 12% over six months, pointing to ongoing downward pressure.

Resistance is $145, but strength is lacking, with the RSI sitting around 44.32. Unless strong buying comes in, breaking past this resistance may remain difficult.

Solana

On the downside, $116.07 serves as the nearest support. A fall below that may lead to a drop of around 10%. Solana’s path depends heavily on whether market participants show up in time. Without renewed support, a short-term slide appears likely.

Why BlockDAG’s $5M Surge in 48 Hours Is Gaining Attention

BlockDAG picked up major speed following Keynote 3, collecting $5 million in only 48 hours and driving its crypto presale above $210 million. What’s behind this explosive growth? A solid and clear roadmap that targets the launch of over 1,000 decentralized apps by 2026. Unlike others relying on speculation, BlockDAG is actively developing tools that pull real builders into its system.

The Beta Testnet is live, supports EVM, and includes user-friendly tools like a creation wizard for digital assets and NFTs. This vision is not just a promise—it’s being delivered.

The future isnt blockchain its blockdag

Along with technical progress, BlockDAG is expanding its global reach through high-visibility partnerships, including deals with Inter Milan and the UFC. These collaborations take the brand outside of crypto circles and drive adoption at scale.

“This isn’t just about what we’ve built so far—it’s about what comes next,” said CEO Antony Turner during the Keynote.

With Batch 27 now priced at $0.0248 and over 19 billion BDAG coins already claimed, early backers are positioning before utility features and public listings arrive. Between the tech rollout, brand collaborations, and rising interest, BlockDAG is gaining speed with no signs of slowing.

Final Thoughts

Solana faces uncertain ground, with $116 support at a crucial level. If it breaks, the short-term future could turn more bearish. Backed by ETF excitement and major finance players, Avalanche still needs approval and price confirmation to advance.

Meanwhile, BlockDAG is taking action. Its Beta Testnet has already processed over 1.2 million transactions with 100+ nodes active. Features for digital asset creation, DeFi use, and NFTs are up and running today—not just in the pipeline. With goals of 15,000 TPS after mainnet and plans to launch with DeFi and governance protocols, BlockDAG offers a real head start while others remain stuck on future potential.

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