3 Million Miners Power BlockDAG to $395M as Cardano Whales Move Big & AAVE Faces Stiff Resistance
This week in crypto, activity is picking up across several key players. Cardano has captured headlines again after major whale addresses acquired 100 million ADA within 24 hours, signaling renewed institutional interest. Meanwhile, AAVE’s bounce from recent lows highlights a cautious attempt to recover, though persistent resistance continues to limit its gains.
Amid this mix of cautious optimism and price consolidation, one project is pushing forward decisively. BlockDAG (BDAG) has now raised $395 million in its ongoing presale, with pricing standardized at $0.0013 until the BDAG Deployment Event.
The shift to flat-rate pricing replaced confusing bonus tiers and ensures fair access for all buyers. For those tracking the top trending crypto projects of 2025, BlockDAG is moving from new entrant to major contender.
Cardano Whales Scoop Up 100 Million ADA in One Day
Cardano (ADA) has seen a significant wave of accumulation, with large wallet holders purchasing 100 million ADA worth approximately $88 million in just 24 hours. This activity was mostly concentrated among addresses holding between 10 million and 100 million ADA. At the same time, retail traders offloaded around 20 million ADA, creating a clear redistribution of holdings.
This kind of concentrated buying tightened available supply and pushed funding rates on derivatives platforms into positive territory. These signs are often associated with bullish potential, especially when institutional players are involved. Broader narratives, like regulatory clarity and ETF discussions, continue to fuel speculation around projects like Cardano regaining upward momentum.
Historically, whale activity of this scale has preceded stability or trend reversals. While market-wide liquidity will still play a role in ADA’s next move, this accumulation wave suggests that major investors see the current price as a key entry point. That keeps Cardano firmly on the radar as a top trending crypto in development-focused circles.
AAVE Stalls Under Resistance as Traders Await Breakout
AAVE is currently hovering near $287, climbing back from a recent low near its 200-day EMA at $272. Although the recovery offers short-term relief, price action continues to face stiff resistance between $300 and $335. This zone has capped multiple rally attempts over the past few months, preventing a sustained breakout.
Technical signals remain mixed. The RSI is sitting in the mid-50s range, showing neutral momentum rather than a clear trend. A push above the $305 to $315 level could mark a breakout, but failure to do so increases the risk of AAVE falling back into the $250 to $300 channel. A retest of $225 is also possible if the current support doesn’t hold.
On-chain metrics reflect a slight improvement, with a net inflow of $150,000 recorded on August 20. That follows several sessions of outflows triggered by the dip from $330. AAVE’s total value locked is around $37 billion, while its market cap remains at $4.7 billion. These figures offer long-term strength, especially with the upcoming Aave V4 launch focusing on cross-chain liquidity and institutional tools.
Still, without a decisive move above resistance, AAVE remains in a wait-and-see phase, limiting its momentum among the top trending crypto options in the short term.
BlockDAG Raises $395M, Adds 3M Miners
While AAVE and Cardano navigate short-term technical setups, BlockDAG continues gaining traction at a steady pace. Its presale has now surpassed $395 million, with tokens fixed at $0.0013 as part of the BDAG Deployment Event rollout. This adjustment was designed to simplify pricing, reward loyalty, and eliminate bonus-tier confusion.
What sets BlockDAG apart is its strong foundation of user adoption. The X1 mobile mining app now has 3 million users actively participating in BDAG token generation. This is not a passive presale environment. Instead, the Proof-of-Engagement model keeps participants involved daily, supported by a hardware ecosystem that includes X10, X30, and X100 mining rigs.
BlockDAG has also expanded its visibility through high-profile sports partnerships. Collaborations with the Seattle Orcas and Seawolves have introduced the project to new audiences in both cricket and rugby, combining technology with real-world fan engagement. This gives the project cultural relevance that few crypto platforms achieve during their early stages.
Between capital raised, community size, and global outreach, it’s becoming clear why BlockDAG is being named as a top trending crypto headed into 2025.
Final Word
Cardano’s whale-driven accumulation points to strong underlying demand, while AAVE’s technical recovery shows potential that still needs confirmation. Both tokens reflect larger market themes of accumulation, resistance, and cautious optimism. However, their paths are still shaped by external liquidity conditions and short-term sentiment.
In contrast, BlockDAG has gone beyond early speculation. With a presale that has already collected $395 million, pricing at $0.0013 introduced till the BDAG Deployment Event, and 3 million mobile miners involved, it has built an ecosystem that’s active before its mainnet even goes live. This new flat-rate pricing underscores BlockDAG’s focus on transparency, fairness, and accessibility for every participant.
For those tracking the top trending crypto projects not just for potential, but for progress, BlockDAG is stepping ahead.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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