Avalanche is inching closer to mainstream adoption with Grayscale’s AVAX ETF proposal and BlackRock’s strategic involvement in the ecosystem. These institutional moves hint at growing Wall Street interest in Avalanche as a scalable alternative in DeFi and tokenized assets. However, the price remains stuck near $20, with bulls needing a breakout to confirm the next move. Meanwhile, Solana is showing signs of fatigue. Despite a modest 7-day gain, its momentum indicators are cooling, and support at $116 is now under watch. A drop below that could signal further downside in the short term.
But where Avalanche and Solana trade on speculation and resistance zones, BlockDAG is executing. The project raised $5 million in just 48 hours post-Keynote 3, bringing its presale total past $208 million. With an active Beta Testnet, 1,000+ dApps planned, and partnerships with the UFC and Inter Milan, BlockDAG is doing what other Layer 1s promise: shipping infrastructure and scaling adoption. At $0.0248 in Batch 27, BDAG isn’t betting on hype. It’s building a future-ready chain that’s getting harder to ignore.
Grayscale AVAX ETF Could Ignite a New Era for Avalanche—Here’s What’s at Stake
Grayscale’s filing for a spot AVAX ETF and BlackRock’s quiet entry into Avalanche’s ecosystem are turning heads. These moves mark a potential turning point for institutional adoption of Avalanche (AVAX), especially as the blockchain gains traction in DeFi, tokenized assets, and real-world applications.
The proposed Grayscale AVAX ETF—if approved by the SEC—would give institutions a regulated way to invest in AVAX, similar to Bitcoin and Ethereum spot ETFs. While altcoin ETF approvals remain rare, this could set precedent for future listings, expanding institutional exposure beyond the big two.
Price-wise, AVAX is trading in a tight range, testing resistance at $20.60 with support near $19.80. A breakout could push AVAX toward $21, while rejection risks a drop below $20. With rising investor attention and ETF speculation heating up, Avalanche may soon enter a new growth phase backed by Wall Street interest.
Solana Price Update: Weak Momentum Suggests Risk of Drop Below $120
Solana (SOL) is currently trading between $124.50 and $138.79, showing a modest 2.61% gain over the past week. While this hints at some bullish interest, broader trends tell a different story. SOL is down 2.33% over the past month and nearly 12% in the last six months, reflecting sustained bearish pressure.
The nearest resistance sits at $145, but with the RSI at just 44.32, momentum is lacking. Without a surge in buying volume, SOL may struggle to break out.
On the flip side, support lies at $116.07. A failure to hold current levels could push SOL toward this zone—a roughly 10% drop. For now, Solana’s path forward hinges on whether bulls can step in soon. Until then, the odds lean toward a short-term dip.
From 1,000 dApps to UFC Partnerships—Why BlockDAG Raised $5M in 48H
BlockDAG’s momentum went into overdrive after Keynote 3, with the project raising $5 million in just 48 hours, pushing its presale total to over $208 million. What’s fueling this surge? A bold yet structured roadmap that includes the launch of over 1,000 decentralized applications (dApps) by 2026. Unlike typical Layer 1 hype cycles, BlockDAG is building infrastructure that attracts real developers—and it’s working.
With an active Beta Testnet, EVM compatibility, and tools like a token & NFT wizard already live, the dApp vision isn’t just ambitious—it’s actionable.
But it doesn’t stop there. BlockDAG is also scaling visibility through strategic global partnerships, including headline collaborations with Inter Milan and the UFC. These alliances amplify the brand far beyond the crypto bubble, driving adoption and user growth on a massive scale.
“This isn’t just about what we’ve built so far—it’s about what comes next,” said CEO Antony Turner in the keynote.
With Batch 27 live at $0.0248, and over 19 billion BDAG sold, early adopters are positioning ahead of listings and utility rollouts. Between the tech, partnerships, and user traction—BlockDAG isn’t slowing down. It’s setting up for something much bigger.
Takeaway
Solana’s technicals suggest a cautious outlook, with its next move hinging on whether $116 support holds. Avalanche, while buoyed by ETF speculation and institutional whispers, is still waiting for approval and a price breakout to capitalize on its upside. Both projects are respected—but right now, they’re reactive.
BlockDAG, on the other hand, is aggressively proactive. The Beta Testnet is already live with over 1.2 million transactions and 100+ nodes. Tools for token creation, DeFi, and NFTs are operational—not on a roadmap. Aiming for 15,000 TPS post-mainnet and launching with DeFi and governance out of the gate, BlockDAG is giving early investors a running start while others stall at potential.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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