Solana (SOL) continues to grapple with persistent network reliability issues despite its technological advantages in speed and throughput. Analysts highlight recurring outages and congestion during peak demand, casting doubt on its long-term stability even as its DeFi and NFT ecosystem remains active. Meanwhile, Hyperliquid (HYPE) exhibits conflicting whale signals with one entity unstaking 2 million HYPE (worth over $100 million) potentially indicating sell pressure, while other large holders continue accumulating—creating uncertainty for retail investors.
In contrast, BlockDAG (BDAG) is gaining attention with its presale approaching $410 million raised from over 312,000 unique holders. The project is currently at a $0.0013 presale price with imminent price increases scheduled. BlockDAG has already deployed 3 million mobile miners through its X1 app and nearly 20,000 hardware units, with its Awakening Testnet set to launch on September 25th to validate network functionality before centralized exchange listings.
Solana shows some positive developments with its upcoming Alpenglow upgrade aiming to reduce transaction finality to 100-150 milliseconds and CME launching SOL options in October. However, technical resistance around $240-246 remains a challenge. Ethereum also faces mixed signals holding near $4,590 with some analysts predicting potential pullbacks to $4,300 despite bullish options activity.