Crypto markets have shown renewed activity as traders reassess risk and liquidity conditions. BlockDAG says it has raised $435 million at a reported token price of $0.0005, describing this period as the start of its “Value Era.”
Meanwhile, Cardano (ADA) futures activity has increased as open interest and liquidity change, while Bitcoin Cash (BCH) has also drawn attention amid a recent move higher and reporting around large-holder activity.
Taken together, these developments reflect how market participants are tracking derivatives positioning, on-chain activity, and project-reported fundraising updates heading into the final quarter of 2025.
Cardano Futures Show Higher Open Interest
Cardano (ADA) futures activity has drawn attention ahead of the October 31 expiry. Open interest on Coinbase is reported at $2.21 million, alongside $2.76 million in daily trading volume, indicating increased activity across participants.
ADA trades around $0.685 and has recently moved between $0.63 and $0.78. The reported spread is about $0.0009, which can be consistent with comparatively liquid conditions.
Some analysts point to a deep and balanced order book as a sign of active positioning around key levels. Bids clustered between $0.63–$0.67 and offers around $0.72–$0.78 suggest areas where interest has recently concentrated.
Rising open interest alongside stable price action can coincide with changing volatility conditions, though it does not determine direction. Some market commentary has also referenced wallet activity and DeFi participation when discussing ADA’s derivatives growth.
BCH Price Move Draws Attention
Bitcoin Cash (BCH) has moved higher in October, with the asset reported up more than 10% and trading above $550 at the time referenced. On-chain metrics cited from Santiment include a rise in active addresses to 7.5 million and a rebound in supply in profit to 17.7 million tokens. These figures are sometimes used by analysts as indicators of participation, though interpretations can vary.
In derivatives markets, BCH futures open interest was cited as rising 13.8% to $382.9 million, reflecting increased use of leverage. CryptoQuant data referenced in market commentary also discussed large-holder positioning alongside negative funding rates; however, funding conditions can change quickly and are not a reliable predictor of future price performance. Technically, BCH has been described as trading between $542 and $573, with $615 cited by some traders as a level to watch if momentum continues.
Some technical readings referenced in commentary include an upward-trending MACD, while an RSI reading near 82 has been cited as a sign the market may be extended in the short term. Analysts following BCH have also pointed to liquidity and large-holder activity as factors they are monitoring.
BlockDAG Reports $435M Raised
Separate from ADA and BCH market data, BlockDAG has promoted its fundraising progress. The project says it has raised $435 million, sold nearly 27 billion BDAG coins, and reached 312,000 holders; these figures are project-reported and have not been independently verified here.
According to the project, its Batch 32 price is $0.0005 per BDAG and the rollout follows a roadmap it has published. Any future listing plans or pricing outcomes remain uncertain and depend on market conditions and execution.
BlockDAG describes its “Value Era” as a phase focused on progress and transparency rather than incentives. It also reports 3.5 million X1 app miners participating and 20,000 hardware miners sold worldwide; these claims are presented in project materials and should be treated as unverified.
The project says its Dashboard V4 aggregates analytics, token sale metrics, referral information, and transaction data into a single interface, including tools to view balances and rankings. The availability and accuracy of these features depend on the project’s implementation.
On security, BlockDAG states it uses a hybrid Proof-of-Work (PoW) and Directed Acyclic Graph (DAG) architecture. The project has also said it has undergone audits by CertiK and Halborn, though an audit does not eliminate risk and readers should review primary documentation where available.
As with any early-stage blockchain effort, technical design, governance, and security outcomes depend on ongoing development and external conditions.
Final Thoughts
Into the final quarter of 2025, ADA and BCH illustrate how traders and analysts use derivatives positioning, liquidity measures, and on-chain indicators to contextualize market moves. These signals can be informative but are not predictive on their own.
BlockDAG, meanwhile, has emphasized token sale fundraising totals and security-related claims such as announced audits, which should be evaluated carefully using primary sources and independent verification where possible.
Project website (for reference): https://blockdag.network
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.
