Crypto Market Watch: BlockDAG Rockets Past $395M as Polygon Eyes $0.29 and Arbitrum Struggles at $0.48!
Market watchers are keeping tabs on Polygon (POL) and Arbitrum (ARB) as both try to find their footing near key technical zones. Polygon drew attention after the U.S. Commerce Department used its blockchain for GDP data, an important step for on-chain government reporting, but price action is still stuck between major support and resistance.
Meanwhile, Arbitrum slipped close to 5% in a single day, trying to stay above $0.48, even as technical indicators flash oversold. These price swings show how real-world adoption doesn’t always translate into immediate chart gains.
On the flip side, BlockDAG isn’t stuck reacting to charts or headlines; it’s setting its own pace. The project has now raised $395 million, is in Batch 30 at $0.03, and has racked up 3 million X1 mobile miners globally. With sports tie-ups and daily progress updates, BlockDAG is keeping the momentum going, while others bounce between levels and speculation.
Polygon Targets $0.29 After GDP Milestone
Polygon (POL) grabbed the spotlight when U.S. GDP data was officially pushed onto blockchains, Polygon PoS. Officials from the Commerce Department praised the effort as a leap forward in terms of trust and transparency, with Secretary Howard Lutnick calling it a “massive invention.”
This wave of adoption hasn’t gone unnoticed in the charts. POL has managed to hold firm between $0.24 and $0.25, and analysts are eyeing a push toward $0.29. Clearing that mark could open room for more bullish momentum, while any dip may test the $0.24 cushion. RSI currently sits at 53, showing neutral-to-positive sentiment, and MACD is teasing a shift in the bulls’ favor.
The derivatives market is also heating up. Open interest rose 6.75% to $119.9M, and daily trading volume soared 130% to $213M, a sign that big players are back in the game. While volatility remains a factor, these metrics support the idea that POL’s $0.29 target is within reach.
Bearish Signs for ARB Despite Activity Spike
Arbitrum (ARB) is treading water at $0.4889, sliding 5% over the last 24 hours, while trying to defend the crucial $0.48 support area. Resistance up top sits at $0.52, keeping the range tight. The asset currently shows a market cap of $39B, with daily trading volume hitting $852.7M, accounting for 0.07% of overall market share.
ARB’s journey has been anything but smooth, falling from its all-time high of $8.67 in March 2023 to a low of $0.2438 in April 2025. Despite this sharp decline, technicals suggest the worst might be priced in. RSI is nearing the oversold zone, giving room for a potential bounce. However, MACD hasn’t flipped bullish yet, keeping recovery hopes cautious.
In futures trading, open interest dropped 7.6% to $389.7M, but trading volume edged up 2.82% to $888.7M. While activity remains elevated, sentiment is still mixed. The 0.011% funding rate shows bulls are slightly more active, but everyone’s watching the $0.48–$0.52 range to see what comes next.
How BlockDAG Combines Mining, Culture, and Growth!
While Polygon shoots for $0.29 and Arbitrum clings to $0.48, BlockDAG has quietly built a different kind of success story. The project has now pulled in $395 million, selling 25.7 billion coins, and sits in Batch 30 with a $0.03 price tag, but for a limited time, it’s offering coins at just $0.0013 until 1st of October. Early Batch 1 participants are already sitting on 2,900% gains, and the gap to the $0.05 launch price still offers serious upside.
The real buzz? The X1 app, now used by over 3 million people, turns mobile phones into mining tools. Just a few taps daily can earn users up to 20 BDAG. Want to go big? The X10 miner ramps things up, generating up to 200 BDAG per day, no tech skills needed. A live demo confirmed that both miners work seamlessly together, boosting credibility across the board.
And it doesn’t stop there. Sports partnerships with the Seattle Seawolves (rugby) and Seattle Orcas (cricket) have launched BlockDAG into the spotlight, fusing crypto with mainstream fandom. These moves prove it’s not just about raising funds, it’s about building real momentum. While others focus on price action, BlockDAG is checking off milestone after milestone, growing its network, and pushing utility into the mainstream.
Looking Ahead
Polygon’s GDP milestone reflects growing blockchain use, and technicals suggest $0.29 is within range. Arbitrum, meanwhile, is navigating narrow waters between $0.48 support and $0.52 resistance, showing signs of pressure but also room to recover. Both projects highlight how adoption and market reaction can sometimes move at different speeds.
But the standout performer is clearly BlockDAG. With $395M raised, 25.7 billion coins sold, a $0.03 Batch 30 price, and an exciting $0.0013 offer, the numbers alone set it apart. Add in 3 million X1 miners, plug-and-play X10 units, and global sports tie-ups, and you’ve got a project that’s already delivering on multiple fronts.
It’s not relying on hype or headlines; BlockDAG is actively creating its own momentum. In a year where action matters more than promises, it’s proving that a strong community and working infrastructure can rewrite the rulebook. While others wait for something to spark, BlockDAG is already lighting it up.
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