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Cryptocurrency News Articles

Solana (SOL), Dogecoin (DOGE), and the New Kid on the Block: BlockDAG (BDAG)

Apr 13, 2025 at 07:10 pm

As we move further into 2025, the spotlight on major cryptocurrencies is shining brightly, but for very different reasons.

Solana (SOL), Dogecoin (DOGE), and the New Kid on the Block: BlockDAG (BDAG)

Solana (SOL) has seen a decline in price, falling to $98.75, and it remains to be seen whether the 103% spike in trading volume will help the token recover further.

Solana Price Prediction: Can Volume Strength Push SOL Back to $140?

Solana (SOL) has recently faced some turbulence, with the price seeing a decline and testing crucial support levels. As of writing, SOL is trading at $98.75, down from a high of around $135. However, despite the downturn, there has been a significant surge in trading volume. Over the past week, SOL's trading volume has spiked by 103%, indicating that market interest in the token may be on the rise again.

After a brief attempt to bounce back and reaching $100.69, the price has dipped again to $96.98. However, the $100 mark has emerged as a crucial support level for SOL, and if this level breaks, the next logical target could be the $90 range.

On the other hand, if the volume strength continues and pushes the price above the $100-$140 resistance zone, SOL could see an 11% climb. This move could take the token to around $140.10 in the coming weeks.

Of course, the broader market plays a role in determining the direction of individual cryptocurrencies. If the market experiences a downturn, it could put pressure on SOL to decline further. However, considering the recent uptick in trading volume and the fact that the token is testing support levels, it seems that Solana may still have the potential to recover and find new support levels in the near future.

Dogecoin Whales Accumulate: Is $0.65 in Sight After Multi-Year Support Hits?

Dogecoin (DOGE) has shown signs of a recovery as crypto whales continue to scoop up massive amounts of the token. After a period of inactivity, these large wallets have become active again, accumulating large chunks of DOGE.

Recently, they were observed purchasing over 220 million DOGE, which has helped to push the cryptocurrency up from a multi-year support level.

Dogecoin Price Prediction: Pay Attention to This Chart For Crucial Direction

The cryptocurrency has been trading within a seven-year channel support range, a position that has historically led to turning points in the price of DOGE.

Additionally, a TD Sequential weekly buy signal, a rare occurrence, has further fueled speculation that DOGE might be preparing for an upswing.

The recent increase in whale activity saw DOGE move from $0.15 to $0.19, rendering it a 0.17% portion of the total supply being added to these large wallets. Many are expecting this to continue pushing the price up, especially with positive funding rates at this support level.

If this setup holds, the price of DOGE could potentially surge to $0.65, marking a 270% increase from current levels. However, the downside risks are not negligible.

If the $0.16 support fails to hold, DOGE could experience a significant decline of between 26% to 44%, based on historical trends during bear markets.

Still, the technical indicators and whale activity have positioned DOGE as a strong candidate for a bullish recovery.

BlockDAG Pushes Forward With Testnet Live And 110k+ Active Users

While DOGE and SOL are reacting to the ongoing volatility in the market, BlockDAG is taking a different route, positioning itself as a highly innovative project in the crypto space.

Having already raised $213.5 million in its presale and boasting more than 110,000 active users on its testnet, BlockDAG has clearly managed to capture the interest of crypto whales and early investors.

The project’s unique DAG and Proof-of-Work combination, paired with decentralized finance (DeFi) tools, positions it as a strong candidate for long-term growth.

Additionally, 10 upcoming centralized exchange (CEX) listings make it even more likely that BDAG will become a significant player in the crypto ecosystem.

A total of 19.2 billion BDAG coins have already been sold, showcasing an impressive show of support from the crypto community.

Investors are eagerly awaiting the official launch of BlockDAG's mainnet, which is expected to bring even more attention and liquidity to the project.

The post Solana Hits $98 As Volume Strengthens, Can It Reach $140? BlockDAG Reaches New Milestones: Testnet Live, 110k+ Active Users And Huge Presale Figureshighlight

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