As 2025 approaches, crypto investors are weighing short-term breakouts against infrastructure projects. Pudgy Penguins (PENGU) jumped over 10% in 24 hours, trading at $0.033 with volume surging 300% to $564 million. Major exchanges like Binance, OKX, and Bybit saw increased activity, while open interest climbed from $270M to $310M with over $1M in short liquidations. Technical indicators suggest bullish continuation toward $0.036-$0.043.
Meanwhile, Stellar (XLM) triggered a golden cross pattern but struggles at $0.40 resistance despite 288% annual outperformance versus Bitcoin and Ethereum. Trading volume increased 85% to $333M, but monthly decline of 15% tempers enthusiasm. Clearing $0.405 could target $0.47-$0.50, while failure may renew downward pressure.
BlockDAG continues its presale campaign, having raised nearly $410M with 26.3B coins sold. Its "Awakening Testnet" scheduled for September 25 will stress-test core blockchain architecture with key upgrades including UTXO removal, enhanced explorer tools, and Stratum Protocol integration for mining hardware.
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