AAVE Whale Action Suggests Shift in DeFi Market

With many seeking the top crypto coins 2025, key players like AAVE and Solana are heavily influencing current trends.

The search for top crypto coins 2025 continues, with AAVE and Solana heavily influencing current trends. AAVE whale action had a huge impact as large holders sold off a large sum, and technical analysis suggests a chance for a 270% price surge. On the other hand, Solana (SOL) price drop had some sparing optimism despite slipping in the overall market cap ranking.

Meanwhile, BlockDAG’s latest Keynote 3 went viral, helping the project to raise an impressive $5 million in just two days. The project also clocked 19.1 billion coins purchased so far.

AAVE Whale Sells $12.51M Coins as Technicals Hint At 270% Price Surging Potential For AAVE Price Surging Potential

A large AAVE holder sold 73.5K coins for $12.51 million, putting downward pressure on the DeFi token. However, technical analysis suggests a chance for a 270% price surge, possibly reaching $628 if broader sentiment recovers.

This selling activity follows a recent spate of AAVE dumps by whales, with a total of 59,000 DeFi coins sold off. This sell-off activity began in mid-August, leading to a 24.38% drop in AAVE over the past month.

As Averages Drops 27%

The decline in AAVE coincides with broader weakness in the crypto market, which has seen significant sell-offs and price drops across the board. This weakness could be contributing to the sell-off pressure on AAVE, as whales and other large holders react to the unfolding market trends.

However, there are also glimmers of hope for AAVE bulls. The token recently broke out of a key resistance level at $150, which could open the door for further price gains.

Solana Price Drops As It Breaks Key Support Zone And Testing New Lows

On the other hand, Solana price dropped by 15% over the last week, slipping below the $120 level and breaching a key support zone. This pullback has pushed Solana down to 7th in the overall market cap rankings, though some slight recovery followed.

As the общей crypto market continues to test lower lows, pressure on support lines may yet lead to further drops in the short term. Additionally, newly launched Solana ETFs have drawn little trading interest, suggesting that buyers are still hesitant to enter the market.

Despite this setback, some analysts believe that there’s still room for a turnaround if the broader market sentiment improves, which could trigger a potential rebound for Solana.

Keynote 3 Helps BlockDAG To Secure $5 Million In Just Two Days

The latest installment of BlockDAG’s Keynote series had a huge impact, highlighting the project’s strong fundraising strategy and clear direction.

The project’s impressive feats were recognized widely, leading to a surge in interest and support for BlockDAG. In just 48 hours, the project managed to raise an additional $5 million, bringing the total presale amount to $213.5 million.

This rapid fundraising success also saw 19.1 billion coins purchased so far, highlighting the strong belief that people have in BlockDAG’s vision and potential, especially as it continues toward its mainnet launch and expands its presence in Web3.

The project is offering a unique opportunity for early involvement in a promising project that is poised for significant growth in the coming year.

This leap in funding will be instrumental in facilitating the rollout of major upgrades and expanding into new domains of web3 and blockchain technology.

The project is also planning to launch its learning platform, the BlockDAG Academy, which aims to educate and empower a wider community to participate in the future of Web3 with BlockDAG.

These steps will be crucial in growing its network and fostering broader adoption by combining technological innovation with accessible learning opportunities.