BlockDAG (BDAG) has made significant strides with the launch of its Blockchain Explorer during the testnet phase, providing users and developers real-time, transparent access to network activity, including blocks, wallet balances, token movements, and contract interactions. This new tool is integrated with its EVM support, enhancing clarity and usability. The platform’s presale has raised over $272 million, with more than 21.3 billion coins sold. Notably, the presale price is frozen at $0.0020 until June 13, offering a potential profit window before the projected launch price of $0.05. The upcoming GO LIVE reveal will announce listings on 20 centralized exchanges, including names like MEXC, BitMart, and XT.com, signaling strong liquidity and market access.
Meanwhile, Chainlink (LINK) is displaying technical signs indicative of an impending breakout, forming a descending broadening wedge pattern. Market analysts suggest LINK could rally 40-60%, potentially reaching $25 to $26 from its current level near $15.82. Supporting this bullish outlook are narrow Bollinger Bands, a rising Stochastic RSI, and increasing on-chain activity. LINK's partnership with Solana to launch the Build on Solana program underscores its expanding oracle solutions and cross-chain utility. However, the anticipated price gain of around 35% is moderate compared to high-potential newer projects.
At the same time, Ethereum (ETH) has dropped below $2,700 to approximately $2,476 after a significant selloff involving over 188,000 ETH tokens. This move reflects large holders reassessing their positions amid resistance at the $2,700 level. Traders are closely watching ETH’s support levels, which will dictate whether prices find a recovery platform or decline further, influenced by on-chain data and market volumes.