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Cryptocurrency News Articles

Chainlink and SUI both remain active players in the altcoin race.

Apr 01, 2025 at 03:56 am

LINK is contending with a notable pullback, while SUI attempts to reclaim bullish momentum.

Chainlink and SUI both remain active players in the altcoin race.

Chainlink and SUI both remain active players in the altcoin race, with LINK now battling a notable pullback and SUI attempting to reclaim bullish momentum. Each has a strong case, but also relies on sentiment and key resistance levels to continue advancing.

However, BlockDAG appears to be operating on a different timeline entirely—one focused on execution rather than anticipation. With real-world hardware distribution now underway, a functioning Beta Testnet, and more than $209.5 million raised, the project is rolling out ahead of its mainnet launch. As the presale continues and miner shipments scale, it may be worth examining whether BlockDAG’s progress presents a unique opportunity.

Chainlink Drops 6% as Liquidations Mount and Support Levels Tested

Chainlink recently slid to $14.75, triggering over $8 million in liquidations and pushing the token into a bearish zone. Lower highs have been forming since early 2025, and technical pressure is building around the $16 resistance level.

Despite the pullback, some metrics remain encouraging. Wallets holding between 10,000 and 10 million LINK now account for over 438 million tokens, suggesting long-term conviction. Additionally, Chainlink’s visibility in U.S. regulatory circles continues to boost its reputation as a dependable oracle solution.

That said, if Bitcoin weakness persists, LINK may revisit the $13 support area before any sustained recovery. Traders and watchers may want to consider whether LINK can reclaim momentum before considering reentry.

SUI Tests Key Levels Anew as Open Interest Surges and ETF Speculation Rises

SUI is testing familiar price levels again after bouncing from support at $2.30, now trading near $2.65. Open Interest has jumped to $825 million, and resistance is forming at $2.77, indicating that the token is showing signs of renewed participation.

Despite having recently triggered a Death Cross—a generally bearish signal—SUI has shown resilience. A move above $2.77 could open the path toward $3.18, especially with sentiment improving across the altcoin market. However, a drop below $2.47 could revive downside pressure.

With new product buzz and ETF speculation in the mix, this might be a token to track in the short term, but timing and price structure will be key.

BlockDAG Begins Hardware Rollout, Building Infrastructure Before Mainnet

While many projects promise decentralization after launch, BlockDAG is already executing—and that’s what’s setting it apart.

As revealed in Keynote 3, BlockDAG has already sold over 16,600 X30 and X100 mining rigs, with shipments now beginning. These devices are purpose-built to power its hybrid DAG + Proof-of-Work architecture, helping create a distributed, performance-focused network before the mainnet even goes live.

What’s especially notable is the scale of participation already forming. The X1 App has surpassed 800,000 users, and Tap Miner has seen over 400,000 signups. Together, they represent a global user base already engaging with BlockDAG’s ecosystem—long before the token hits centralized exchanges.

At the core of its rollout is a strong focus on readiness. BlockDAG isn’t relying on projections. It has launched a working Beta Testnet, confirmed 10+ exchange listings for post-mainnet, and raised over $209.5 million, with more than 19 billion BDAG coins sold.

Currently in Batch 27 at just $0.0248, BDAG still sits in early-access territory—yet much of its core infrastructure is already in motion. For those seeking exposure to projects with real utility, active communities, and a clear commitment to decentralization, BlockDAG may be worth a closer look.

Website: https://blockdag.network

Presale: https://purchase.blockdag.net

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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Other articles published on Apr 02, 2025