Chainlink (LINK) is attracting attention after large holders accumulated roughly 800,000 tokens near $21, a move some market participants interpret as positioning for a potential rebound. With LINK trading around $21.58 at the time of writing, activity appears to be easing, and resistance near $25 remains a key level watched by traders. XRP shows a different picture. Its drop under $2.90 drew attention, while Bollinger Bands are being cited by some analysts as a sign that volatility could continue. With a potential barrier around $3.16 and an upper band near $3.54, traders are monitoring whether the move develops into a sustained trend.
Alongside these short-term market narratives, BlockDAG (BDAG) has reported strong interest in its ongoing token sale and has highlighted sports-related marketing agreements. The project says it has raised close to $420M and sold 26.6B tokens, and it has referenced arrangements involving UFC, Inter Milan, and cricket. These points are presented by the project as indicators of awareness, but they are not independently verified here.
Chainlink Whales Stack Up for Recovery
Large holders of Chainlink have picked up about 800,000 LINK as the coin dipped to around $21. Such buying is sometimes interpreted as a view that the price may be nearing a bottom, though it does not guarantee a reversal. LINK now trades at $21.58, nearly 8% down from last week. Network activity has also cooled, with active addresses falling from around 8,000 to 5,800.
One possible factor cited by some observers is the SEC’s adjustment to certain crypto exchange-traded product filing requirements. Even though no LINK ETF exists yet, any broader change in how filings are handled could influence sentiment. On the technical side, resistance is still being watched near $25. If LINK moves above that level, some traders would look to higher targets such as $30; if it fails to hold above $22, others would watch lower areas such as $19.80.
XRP Tests Levels Around $2.90
XRP dipped under $2.90, raising questions about near-term momentum. Its weekly Bollinger Bands remain above the middle range, and the upper band sits near $3.54. Some traders describe moves like this as a possible false breakdown, but that interpretation is uncertain and depends on follow-through in price and volume.
Price has traded between $2.77 and $2.96 after repeated tests, suggesting buyers and sellers are still active in that range. If XRP pushes past $3.16, some analysts would view it as a potential shift in momentum; if it fails, downside risk remains. Traders monitoring this setup often focus on confirmation rather than single-day moves.
BlockDAG Expands Globally with $420M & Sports Deals
BlockDAG has emphasized marketing and branding through sports audiences. The project has referenced partnerships or promotional arrangements involving Inter Milan, UFC fighter Alex Pereira, Major League Cricket’s Seattle Orcas, and rugby’s Seattle Seawolves, which it says place the brand in front of mainstream viewers.
The project argues that this approach may broaden recognition beyond crypto-native communities. As with other sponsorship-driven campaigns, the effect on long-term adoption and token demand is uncertain and may depend on broader market conditions and project delivery.
In project materials, BlockDAG reports close to $420 million raised and more than 26.6 billion tokens sold, along with figures such as 20,000 miners sold, 312,000 holders, and 3 million mobile users. These are project-reported numbers and have not been independently verified in this article.
Overall, the sports-focused strategy is presented by the project as a route to wider visibility. Whether that translates into sustained use or adoption will depend on execution, product availability, and broader market demand.
Final Thoughts
Chainlink whale activity may signal increased interest, but traders are still watching whether LINK can clear resistance near $25. For XRP, the area around $3.16 is a key level that some chart-watchers are using to judge the next directional move, while $3.54 remains a technical reference rather than a forecast.
Separately, BlockDAG has pointed to fundraising totals and sponsorship activity as indicators of market attention, though those points do not by themselves determine outcomes for the token or project. As with any crypto asset, conditions can change quickly and prices can be highly volatile.
Project website (for reference): https://blockdag.network
Project Telegram (for reference): https://t.me/blockDAGnetworkOfficial
This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned. As with any initiative within the crypto ecosystem, readers should assess information carefully and consider the risks involved.
