Chainlink Drops, SUI Eyes $3, While BlockDAG’s $209.5M Hardware Rollout Stands Apart

Keynote 3 Sparks Frenzy! BlockDAG Hits $209.5M as Chainlink Declines & SUI Pushes $3

Chainlink’s steep decline to $14.75 wiped out over $8 million in leveraged positions, reinforcing its bearish pattern. Despite whales accumulating over 438 million LINK, short-term movement depends on reclaiming $16 and breaking out of its downtrend. Meanwhile, SUI is gaining momentum despite flashing a Death Cross. With Open Interest climbing to $825 million and resistance at $2.77 under pressure, traders anticipate a move past $3—though failure at $2.47 could trigger a downturn.

On the other hand, BlockDAG isn’t running on speculation—it’s rolling out real infrastructure. Over 16,600 mining rigs have been sold, with deliveries in progress, making it the only project among the three actively decentralizing ahead of its mainnet. The presale crossing $209.5 million and 800K+ X1 users indicate strong adoption before launch, not after.

Chainlink’s Drop Triggers Major Liquidations

Chainlink’s recent 6% slide to $14.75 sparked widespread liquidations, unsettling retail traders while whales continue accumulating. LINK remains trapped in a downtrend, forming lower highs since early 2025, with analysts identifying $13 as a key support level. A recovery depends on flipping the $16 mark and turning the 100 and 200 SMAs into support.

Despite this downturn, long-term holders remain bullish. On-chain data shows that wallets holding 10K–10M LINK now command a record 438.33 million tokens. Additionally, social interest in Chainlink has surged, driven by its U.S. regulatory engagement, which could enhance its long-term prospects.

If Bitcoin’s decline continues, LINK may test lower support zones. However, if bullish sentiment returns, Chainlink’s strong fundamentals suggest it could remain a key asset in this volatile cycle.

SUI Edges Toward $3 Despite Bearish Signal

SUI is inching closer to the $3 milestone, trading at $2.65 while testing the $2.77 resistance. Although it recently triggered a Death Cross—a bearish technical indicator—market sentiment remains optimistic. Open Interest has surged by 50% in just a week, reaching $825 million, showing increased confidence among traders. A positive funding rate further indicates that most market participants are betting on a price increase.

If SUI can break past $2.77, it might surge to $3.18, reversing recent losses and potentially entering a bullish phase. This current momentum challenges the typical negative implications of a Death Cross. However, a dip below $2.47 could reignite downside risks.

For investors, SUI’s strong support levels, rising market activity, and ETF speculation make it a token worth watching as it approaches a crucial price range. The coming days will determine if SUI can establish lasting bullish momentum.

BlockDAG Delivers Real Infrastructure Ahead of Mainnet

One of the key takeaways from BlockDAG’s Keynote 3 was the announcement of over 16,600 X30 and X100 miners sold, with deliveries now beginning. This is more than just a hardware milestone—it marks a pivotal step toward a decentralized global network powered by real users.

These mining devices are tailored for BlockDAG’s hybrid DAG + Proof-of-Work consensus, ensuring both speed and security in block validation across a distributed system. With miners set to reinforce the upcoming mainnet, the network’s decentralization, security, and performance are being integrated even before launch day arrives.

Unlike most Layer 1 projects that decentralize post-launch, BlockDAG is taking a different approach—distributing hardware first so that the network starts with genuine computational power. Coupled with its growing user base from the X1 App (800K+ users) and Tap Miner (400K+ signups), BlockDAG is establishing a strong foundation both digitally and physically.

Currently in Batch 27, the presale has surpassed $209.5 million, with BDAG priced at $0.0248 and over 19 billion coins already sold. With the mainnet approaching and hardware distribution accelerating, BlockDAG is laying the groundwork for a truly decentralized Layer 1 network.

Final Thoughts

Chainlink and SUI each have compelling narratives—one driven by whale accumulation and regulatory traction, the other fueled by market sentiment and technical patterns. However, both remain heavily reliant on shifts in trader confidence and external catalysts.

In contrast, BlockDAG is making tangible progress. With thousands of miners en route to users, the project is building a real-world framework for its Layer 1 network ahead of launch—something rarely seen in the crypto space.

The X1 App’s 800K+ downloads, combined with the rapid adoption of Tap Miner, demonstrate large-scale user engagement. Featuring a hybrid DAG + PoW model and a proactive approach to decentralization through hardware distribution, BlockDAG is achieving what many Layer 1s only claim to do. With the presale surpassing $209.5 million, this isn’t just hype—it reflects deep conviction from early adopters.

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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