Crypto markets have shown mixed performance amid uncertain sentiment across major coins. Avalanche (AVAX) rose about 10% over a 24-hour period, with market participants pointing to network activity and ongoing institutional interest. SEI has also gained attention as its recent price action coincides with growth in stablecoin usage on the network.
These developments highlight how real-world usage and community activity are frequently discussed alongside price moves. Separately, BlockDAG (BDAG) has publicized fundraising totals, user counts and a sports partnership as part of its broader marketing and ecosystem narrative, according to project materials.
Avalanche Rises After Token Burn and ETF-Related Developments
Avalanche (AVAX) recently rose around 10% to approximately $33.50 following a reported burn of 16,000 AVAX and increased attention on ETF-related filings. Grayscale’s move to convert its Avalanche Trust into a spot ETF has prompted market speculation about potential inflows, though any future demand is uncertain. On-chain activity was also cited as improving, with daily transactions reportedly rising to 2.2 million and monthly active users exceeding one million.
The network’s expansion has been linked to initiatives such as the Avalanche Codebase Academy and the planned Blueberry Upgrade, which is described as focusing on improving subnet scalability. Avalanche’s market capitalization was cited at around $11.9 billion at the time of writing; however, price targets remain speculative and market volatility can change quickly.
SEI Holds an Upward Pattern as Stablecoin Use Grows
SEI has maintained a positive trajectory, holding its support zone and trading in a range that some traders have associated with a potential move toward $0.34–$0.35 in the short term. The Apollo ACRED fund, described as tied to tokenized credit strategies, has been discussed as a factor contributing to institutional visibility. Stablecoin activity on the network has also been highlighted, with $276.8 million in reported circulation—primarily USDC at $233.7 million—along with increases in USDT and PayPal’s PYUSD.
Some analysts have suggested that sustained trading activity could support SEI’s current trend, but outcomes remain uncertain. The network’s decentralized exchange activity has also been cited as improving, which may influence liquidity and overall utility.
BlockDAG Highlights Sports Partnership and Token Sale Metrics
BlockDAG has promoted its token sale and ecosystem metrics as indicators of interest in the project. According to the project, it has raised over $420 million and sold nearly 27 billion BDAG coins, with pricing described as changing across batches. The project has also reported more than 312,000 holders, over 325,000 active community members, and 3 million X1 mobile-mining app users, as well as more than 20,000 X-Series mining devices purchased.
The project also announced a multi-year partnership with the BWT Alpine Formula 1® Team. BlockDAG describes this as a collaboration related to its Layer-1 branding and visibility efforts. The project has referenced a “Genesis Day” on November 23, 2025; any timelines or event details should be treated as subject to change.
BlockDAG has also stated that its “Awakening Testnet” supports up to 1,400 transactions per second and offers EVM compatibility and an integrated development environment. It has further cited security audits by CertiK and Halborn and described updates to its explorer and educational features; these are project-reported claims and should be independently verified.
Compared with AVAX and SEI, which are more established traded assets with broader market history, BlockDAG remains a newer project that is still building its network and reporting early-stage metrics. As with any early-stage crypto project, risks can be materially different from those of larger, more liquid tokens.
Summary
Recent moves in AVAX and SEI have been discussed in the context of ETF-related developments, on-chain activity and stablecoin adoption, though near-term price direction remains uncertain. BlockDAG, meanwhile, is emphasizing its fundraising figures and the announced BWT Alpine Formula 1® Team partnership as part of its public communications around brand visibility and ecosystem development.
This article is for informational purposes only and does not constitute financial or investment advice.
This outlet is not affiliated with the project mentioned.
Project website (for reference): https://blockdag.network
Project social (for reference): https://t.me/blockDAGnetworkOfficial
This article contains information about a cryptocurrency token sale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
