Momentum in crypto isn’t just about price—it’s about how projects build trust, scale, and deliver value. As Ethereum approaches a potential breakout near $3,630 and Solana benefits from ETF buzz and positive technicals, BlockDAG (BDAG) adopts a solid approach with its Beta Testnet launch.
With its rollout of 10,000 test tokens to over 110,000 users via a vesting contract, BlockDAG emphasizes a community-first strategy. This transparency and active participation set a new standard in a field often led by speculation. Community engagement is at the heart of this strategy.
Ethereum Targets Major Breakout
Ethereum is testing a significant resistance level near $3,630, aligning with the 61.8% Fibonacci retracement. A confirmed move above this point could push the price toward $3,830 and beyond.
However, if Ethereum cannot maintain above $3,630, a drop to $3,460 is possible. Its position over the EMA50 lends technical support. Ethereum needs to stay above $3,460 for further gains, while a fall below this threshold could lead to $3,200.
Traders should watch this zone closely, as a break could signal further gains. The current outlook is bullish unless Ethereum falls under $3,460, with buying interest noted in RSI and price trends.
Solana’s Push Towards $170: Fueled by ETF Speculation
Solana’s SOL token is seeing an upswing, currently just under $140, with a 1% rise in the last day and 8.5% on March 24th. This is spurred by various factors:
Fidelity Investments has applied to launch a “Fidelity Solana Fund,” a big step towards regulated Solana-centric investment products. Additionally, Solana has the second-highest Total Value Locked (TVL) in blockchains and now exceeds Ethereum in network fees, showing strong activity and financial health.
The daily chart indicates a bullish trend from an ascending triangle, with SOL moving past the $137 mark. Analysts suggest a near-term target of around $170, and maintaining above $137 could confirm further rises toward $180. Traders should monitor SOL’s ability to hold these levels for signs of sustained upward movement.
BlockDAG Launches 10,000 Test Token Distribution
BlockDAG is centering its community in the rollout of its Beta Testnet by allocating 10,000 test tokens to over 110,000 users. These tokens are distributed not randomly, but through a clear, time-based vesting contract, showcasing the project’s dedication to long-term value and transparent operations. The distribution process is straightforward: 40% of the tokens are available immediately, with the remaining 60% released in 20% increments weekly over three weeks.
This method not only appreciates early supporters but also strengthens trust in the integrity of BlockDAG’s platform. Token holders are not required to take any action as the tokens will be automatically delivered and can be monitored via a specific dApp. This action underscores BlockDAG’s dedication to its supportive community, which has contributed $209.5 million during its crypto presale.
At present, priced at $0.0248 per BDAG in Batch 27, the project has sold more than 19 billion coins, yielding a 2,380% ROI from the initial batch. For users, this airdrop represents not just a token gesture but an opportunity to actively participate in the testnet within a robust token economy. BlockDAG’s community-oriented launch strategy emphasizes that every participant is valued and significant.
Driving Growth Through Community Engagement
While Ethereum challenges a key resistance level and Solana benefits from ETF speculation, BlockDAG is anchoring its expansion in meaningful user involvement. It rewards genuine participants with test tokens and manages their distribution via a clear vesting agreement.
This strategy enhances the project’s credibility and illustrates a comprehensive understanding of what sustains a project over the long term. In a landscape often dominated by hype, BlockDAG’s emphasis on real user participation and building community trust might emerge as the more enduring approach. Here, momentum is truly generated by the community.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
