ADA and LINK test key levels while BlockDAG reports $432M token-sale fundraising and a DAG-based design

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Market observers continue to track softening interest in Cardano (ADA) and the technical picture around Chainlink’s (LINK) key support level. As both coins approach widely watched levels, discussion has also turned to whether newer network designs can address scalability limits seen across existing blockchains.

One project drawing attention is BlockDAG (BDAG). According to project materials, it uses a Directed Acyclic Graph (DAG) design alongside Proof-of-Work validation to support parallel transaction processing. As with any early-stage network, claims about future impact and adoption remain uncertain.

BlockDAG’s Architecture and Parallel Processing

Supporters of BlockDAG point to its underlying infrastructure rather than marketing. Unlike traditional blockchains that process blocks in a strictly sequential order, a DAG-based structure is designed to allow multiple blocks to be processed in parallel.

The project says its “Awakening Testnet” has demonstrated throughput of up to 15,000 transactions per second in testing. These figures are project-reported and may not reflect performance under mainnet conditions or real-world usage.

BlockDAG also reports that its token-sale fundraising has raised more than $432 million, with more than 27 billion BDAG tokens distributed to 312,000+ holders. These numbers have not been independently verified in this article.

Project updates describe the sale as being in its 31st batch and reference a token price of $0.0015 per coin at the time of writing. Any future listing or launch pricing discussed publicly should be treated as speculative and not guaranteed.

Cardano (ADA) Market Interest Hangs by the $0.62 Thread

Cardano (ADA) remains at a technical crossroads. The coin’s price currently fluctuates between $0.64 and $0.67, hovering just above the critical $0.62 support zone. Technical traders see this as a defining level: if it holds, ADA could move toward higher resistance areas; if it breaks, selling pressure could push prices lower in the short term.

However, ADA’s longer-term fundamentals are still being watched by market participants. A recent network upgrade has been cited by some commentators as supportive, and chart analysts are monitoring for the formation of a “Golden Cross,” a technical pattern that some traders interpret as constructive but that has no predictive certainty. Some model-based forecasts also publish higher price scenarios for late 2025; such projections are speculative and can be wrong.

Chainlink (LINK) Support Zone Faces Pressure

For Chainlink (LINK), the situation is similarly focused on technical levels. Trading around $17.50 to $17.70, LINK sits directly above a key weekly support area near $17.50. If buyers defend this level, a move toward the $20 zone is possible; a break below could shift attention to lower supports, including around $16.70, where prior accumulation has been reported by some analysts.

Historically, these areas have coincided with higher buyer activity, but volume trends can change quickly. Additional supports are often cited between $15.40 and $14.28, though short-term moves can remain volatile.

BlockDAG and Broader Network Design Trends

While ADA and LINK are currently defined by near-term support and resistance dynamics, some market discussion is also centered on whether alternative network architectures can improve scalability. In BlockDAG’s case, project materials emphasize DAG-based parallel processing and compatibility goals such as EVM support, alongside Proof-of-Work security assumptions.

As with other early-stage crypto projects, technical claims and adoption figures should be evaluated carefully, and timelines for deployments can change.

Project website (for reference): https://blockdag.network

Telegram (for reference): https://t.me/blockDAGnetworkOfficial


This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.

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