The crypto market remains volatile, and recent moves have affected a range of large-cap assets. Bittensor (TAO) fell by more than 15%, while Arbitrum (ARB) posted a roughly 25% weekly decline. The same period has also featured increased attention on BlockDAG (BDAG), which has promoted a fundraising event and upcoming communications events in its public materials.
BlockDAG says it has raised more than $430 million through its token sale and outlines a $600M roadmap, alongside a partnership it describes with the BWT Alpine Formula 1® Team. The project also reports more than 3.5 million miners and 27 billion coins sold, and describes a hybrid DAG-PoW design intended to combine Proof-of-Work security with higher throughput. These figures and claims are project-reported and have not been independently verified in this article.
Bittensor (TAO) Struggles Amid Market Pressure
Bittensor’s price fell to around $395, marking a decline of more than 15% as markets reacted to profit-taking and broader volatility. Despite the move, TAO has remained above some technical levels that traders monitor for trend direction. Separately, market commentary has referenced speculation about a possible Grayscale Bittensor Trust; as of writing, this remains unconfirmed and any impact on liquidity or adoption is uncertain.
Some market participants are watching the $310 area as a potential support zone and the $400 area as a near-term reference point, though price can move quickly in either direction. The project’s positioning at the intersection of blockchain networks and AI continues to draw attention, but near-term performance remains uncertain.
Arbitrum (ARB) Faces 25% Fall, Eyes on $0.43 Recovery Zone
Arbitrum (ARB) has recorded a nearly 25% loss, trading near $0.33 amid broader risk-off sentiment. The move followed a reported 35% decline in trading volume, which can indicate reduced participation, though volume alone is not a definitive signal. Some analysts cite the $0.43 level as a key area to watch; a move above it could coincide with a shift in short-term momentum, while further weakness could bring attention to lower support levels such as $0.25.
Open interest was reported at about $154 million at the time referenced in market data, indicating derivatives traders remained active. Longer-term demand for Layer-2 networks depends on broader Ethereum ecosystem usage, developer activity, and market conditions.
BlockDAG reports token-sale pricing and planned Binance AMA
BlockDAG’s public materials describe ongoing development activity and a growing user base. The project says it has a $600M roadmap, more than 312,000 holders, and that its token sale has raised $430 million with more than 27 billion BDAG coins sold. These figures are presented as reported by the project.
The project lists a token-sale price of $0.0015 in “Batch 31” and a “current batch” price of $0.0304. It describes its hybrid DAG-based Proof-of-Work system as combining PoW mining with DAG-based scaling. BlockDAG also highlights collaborations, including a partnership page with the BWT Alpine Formula 1® Team.
BlockDAG also says it is scheduled to hold an AMA with Binance on October 24 at 3 PM UTC, ahead of “Keynote 4: The Launch Note” and “GENESIS Day” on November 26, according to the project’s announcements. The content and outcomes of such events are not guaranteed.
Final Say
Recent declines in Bittensor (TAO) and Arbitrum (ARB) reflect continued volatility across crypto markets. Traders and analysts are monitoring key levels for both assets, but any reversal or continuation remains uncertain and subject to broader market conditions.
Separately, BlockDAG has continued to promote its token-sale progress and a planned AMA event, alongside partnership and roadmap claims that the project has published. Readers should treat project-reported figures and timelines as subject to change.
Project website (for reference): https://BlockDAG.network
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.
