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Cryptocurrency News Articles

BlockDAG’s AMA Lights Up Crypto Space With $216M Raised, As Solana & Pi Network Show Signs of Strength

Apr 23, 2025 at 08:00 am

When markets get quiet, charts start to speak. Pi Network is trying to recover after a major pullback, with technicals pointing to a possible bounce.

BlockDAG’s AMA Lights Up Crypto Space With $216M Raised, As Solana & Pi Network Show Signs of Strength

When the market grows quiet, the charts begin to speak. As Pi Network attempts to recover following a major setback, technical indicators are hinting at a possible bounce.

Solana’s bulls are valiantly defending the $124 zone, keeping the price of Solana (SOL) afloat and potentially setting the stage for a further rally to $150. However, mixed signals from the MACD suggest that the momentum behind this move might be slowing down.

Meanwhile, BlockDAG continues to plow through presale milestones in staggering fashion. Already boasting over 1.1 million downloads of its X1 mining app and more than 19.3 billion tokens sold, BlockDAG is quickly running out of presale batches for its BDAG token.

The presale has now raised over $216 million, with each new batch selling out faster than the last. Early backers have also already enjoyed a staggering 2,380% ROI since batch 1.

As the last batches of the presale rapidly sell out and the upcoming staking plans draw nearer, BlockDAG is heating up.

Pi Network Price Finds Support, Hints At Short-Term Reversal

After a steep 55% fall from $1.83 to $0.51 between March 13 and April 4, Pi Network (PI) price is now showing signs of recovery. The price broke out of a downward channel and briefly retested $0.74 before slipping back.

On the technical side, the Money Flow Index (MFI) has turned positive, which could indicate increased buying activity in the market. The MACD also shows a bullish crossover, as the 12-day EMA has moved above the 26-day EMA—potentially paving the way for a move toward $0.96.

However, PI’s funding rate is still negative, which means that short positions are dominant. This scenario might increase the chance of a short squeeze, which could trigger a stronger move upward. For now, holding above $0.56 seems to be critical for any continued rally.

Solana Maintains $124 As Traders Eye A Push Toward $150

Solana (SOL) recently dipped 2.55%, testing its breakout level around $124. This follows a clean breakout from an inverted head-and-shoulders pattern on the 4-hour chart, which took the price as high as $135 before resistance kicked in.

SOL is currently sitting on support at the 200 EMA and near the 38.2% Fibonacci retracement level at $128. If a reversal holds here, it could open the door for a 20% run back toward $150.

Still, there are some cautionary signals. The MACD has flashed a bearish signal, with both the MACD and signal lines dropping toward zero. If $124 breaks, the price might retest $116—or even dip to $100.

But strong network activity tells another story. Solana now boasts 3.94 million active addresses and hit 68 million monthly wallets in March. This user growth supports the argument for a bullish outlook, especially if technicals start to turn back up.

BlockDAG's Viral Surge: Over 1.1M X1 Miners And $216M In Presale

BlockDAG continues to smash through milestones with each passing day as its presale rapidly approaches its final stages. So far, the presale has managed to raise over $216 million.

The project's X1 App, designed for mobile mining, has also garnered immense popularity, notching up over 1.1 million downloads. Each new batch of the presale is also selling out quicker than the last, with the sale now in batch 27 at $0.0248.

Early backers have already locked in a staggering 2,380% ROI since batch 1, and over 19.3 billion BDAG coins have already been claimed.

The project's recent AMAs also saw a huge turnout, with thousands of new miners joining the network daily via the X1 App.

This influx of interest has transformed BlockDAG from a stealth project into a full-on phenomenon in the crypto space. What began as a quiet rollout has since erupted into a viral surge, driven by a minimal operational footprint and a unique mobile mining experience that's bringing in users with lightning speed.

In a market saturated with noise, true breakouts are a rare sight—but BlockDAG seems to be breaking that mold. With working utility, unmatched accessibility, and a crystal-clear roadmap, it's quickly claiming its place as a top-trending crypto to keep an eye on in 2025. From cleared audits to international dev events, each AMA builds on a rising wave of momentum.

Now

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