When a major basketball franchise gears up to spotlight a rising crypto project, it signals more than just marketing. It hints at massive traction ahead. This appears to be the direction BlockDAG (BDAG) is heading with its potential NBA collaboration, one that could elevate the brand significantly.
At the same time, Binance Coin (BNB) has seen a boost in activity, driving DEX volume to $187 billion and pushing its price closer to a $790 breakout. Meanwhile, Cardano (ADA) is under pressure, hovering near $0.6626 after a dip that triggered more than $900K in long liquidations, revealing how delicate the sentiment currently is.
NBA Deal Tease Propels BlockDAG Into Wider Focus
Hints of a partnership between BlockDAG and a major NBA franchise have sparked a wave of speculation. This wouldn’t be a basic branding exercise, it could introduce BDAG to millions of sports fans across the globe. History shows that collaborations with professional sports teams can ignite major traction for crypto platforms. If this deal finalizes, it could dramatically expand BlockDAG’s reach and position it squarely in discussions about which crypto might explode next.
But it’s not just the upcoming new sports deal that stands out. BlockDAG has already secured over $291 million through its crypto presale and sold more than 22.1 billion BDAG coins. Though the standard batch 28 price is listed at $0.0262, a limited-time offer has reduced it to $0.0018 until July 13’s GO LIVE reveal. BDAG has seen a 2,520% price increase from the first batch, showing strong early activity and demand.
Beyond sales, the project’s tech base is built for scale. With a hybrid blockchain and DAG model designed for high throughput and lower costs, it’s more than just an idea. Over 1.5 million users are already mining BDAG using the X1 app, and 17,700+ ASIC miners have been sold, laying the foundation for a functioning ecosystem.
With the GO LIVE reveal happening on June 13 and a potential NBA partnership in the pipeline, BlockDAG is shifting into a much higher gear. Every metric signals that BDAG isn’t just gaining attention, it’s becoming a contender for the next crypto to explode.
BNB Technical Signals Show Strength as Activity Spikes
BNB has climbed 11% in the past month and now trades around $668. It’s also witnessing a sharp rise in usage, with daily transaction fees surging to 933.23 BNB, marking the highest since May 21, and new wallet addresses jumping 26% in just one day to over 589K. On-chain volume is holding strong too, with May’s DEX trading hitting $187 billion, putting BNB Chain ahead of Ethereum in terms of value moved.
The technical chart suggests a possible rally toward $790 if the $691 resistance is cleared. However, the market shows mixed behavior. While derivatives traders are optimistic, spot traders are locking in profits, evident from the $2.61 million in realized gains in just 24 hours. This contrast may decide whether a breakout or reversal is next.
Cardano (ADA) Struggles to Hold Crucial Levels
ADA is finding it hard to maintain momentum after breaking below $0.6840, now consolidating around $0.6626. Should support at $0.65 fail, the next target may be $0.62. Long liquidations have exceeded $900,000 in the past day, and despite a long-to-short ratio of 2.57, buyers remain on edge. Resistance lies at $0.6720 and $0.6825, with a break above $0.6920 needed to regain control.
Chain metrics continue to reflect weakness. Total Value Locked in ADA DeFi has dropped to $318 million. The MVRV 30-day sits at -6.8%, indicating losses for most recent buyers. Profit-taking is up, and the Age Consumed metric shows increased token movement, all suggesting cautious behavior among holders.
Final Words!
While ADA flirts with the $0.65 level and BNB charts a possible breakout to $790, much of the attention is shifting toward BlockDAG. With over $291 million secured in its presale, a current offer at $0.0018 running till July 13, and over 1.5 million X1 app users onboard, its traction is undeniable.
Now, the potential NBA deal adds another powerful catalyst. From robust technology to growing market presence and user base, BDAG is checking all the boxes for the next big mover. The GO LIVE reveal could be the turning point that amplifies everything.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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