Block (BDAG) Surges Past $200M Presentie

Cardano’s recent struggles, Onyxcoin’s correction, and BlockDAG’s meteoric rise are reshaping the altcoin landscape.

The recent struggles of Cardano (ADA), Onyxcoin (XCN)

Cardano (ADA) has faced strong selling pressure despite its inclusion in the U.S. crypto reserve. Instead of triggering a rally, ADA has plunged by 39%, slipping below the $1 psychological mark as bearish sentiment prevails. Technical indicators like the Bollinger Band Trend (BBTrend) and Directional Movement Index (DMI) suggest that selling momentum is strengthening, raising concerns of a deeper correction.

Crucially, the $1.19 support level remains critical. If it breaks, ADA could slide further toward $0.80 or lower, intensifying investor uncertainty. However, if buyers regain control, ADA must first reclaim $1.16 before targeting $1.64 and beyond. While long-term fundamentals remain intact, short-term volatility makes ADA’s recovery path less clear.

With the broader cryptocurrency market also experiencing fluctuations, investors are keenly monitoring whether Cardano can reverse its decline or if the downturn will continue, potentially pushing it toward new lows.

Onyxcoin faces 50% correction

Onyxcoin (XCN) has seen a sharp 50% correction, cooling off after an explosive 2,000% rally earlier this year. Currently trading between the $0.017 resistance and $0.0143 support levels, XCN’s momentum indicators suggest weakening bearish pressure.

The Relative Strength Index (RSI) remains neutral at 43.2, signaling a lack of strong buying or selling momentum, while the Average Directional Index (ADX) has dropped to 16.8, indicating a fading downtrend. This could mean XCN is entering a consolidation phase rather than continuing its decline.

However, if sellers regain control, XCN could break below $0.014, pushing it toward $0.0134 or lower. On the bullish side, a surge in demand could propel the token past $0.017, with the next target at $0.022. For now, XCN remains in a critical zone, and traders are watching closely to see whether it will stabilize or continue its downward trajectory.

BlockDAG’s presale surpasses $203.5M as analysts call it the next Kaspa killer

BlockDAG (BDAG) is rapidly emerging as one of the most promising blockchain projects of 2025, with its presale already exceeding $203.5 million and over 18.7 billion BDAG coins sold at $0.0248 in Batch 27. Unlike traditional blockchains, BlockDAG leverages Directed Acyclic Graph (DAG) technology, allowing transactions to be processed in parallel rather than sequentially.

This breakthrough eliminates congestion, drastically increases speed, and reduces fees—making BDAG a strong contender to outperform legacy chains like Ethereum and even Kaspa (KAS) in the long run.

A key factor driving investor confidence is BlockDAG’s compatibility with both WASM and EVM, ensuring that developers can seamlessly build and deploy smart contracts across different ecosystems. Additionally, BDAG’s upcoming exchange listings are expected to drive a major price surge, with analysts predicting a potential run to $1 post-listing—a 3,932% increase from early presale prices.

With its March 2025 testnet launch, a $30M developer grants program, and an expanding ecosystem of decentralized applications (dApps), BDAG is proving itself as more than just another Layer 1 blockchain. As adoption grows, many believe BlockDAG could become the next major Kaspa killer, offering unmatched scalability and security in the crypto space. The window to buy BDAG before its explosive growth is closing fast.