Recent Chainlink (LINK) data shows whale accumulation near the $16 mark, while Near Protocol (NEAR) has faced selling pressure after a divisive governance vote. The shift in sentiment highlights how market participants often weigh short-term stability against longer-term narratives. It also raises a broader question for investors: how should these developments be interpreted across different projects?
As major coins face turbulence, BlockDAG (BDAG) has drawn attention around its fundraising and technical roadmap. The project reports raising more than $435 million in a token sale, and says its hybrid Proof-of-Work and DAG design is already running on a testnet. Claims about security and throughput are based on the project’s own materials and remain subject to independent verification.
Inside BlockDAG’s Reported $435M+ Token-Sale Fundraising
BlockDAG’s market entry has been accompanied by sizable fundraising figures. According to the project, its token sale has raised over $435 million so far, with participation reported across multiple regions. The project also states that fewer than 4.6 billion BDAG tokens remain before the token sale ends, that it has around 312,000 holders, and that the sale is in its 32nd batch. It further reports selling more than 20,000 X-series mining rigs, which it presents as an indicator of ecosystem interest.
BlockDAG describes its architecture as combining a Proof-of-Work base with a Directed Acyclic Graph (DAG) system, and it has promoted a maximum throughput figure of up to 15,000 transactions per second. The project has also publicly named CEO Antony Turner and advisor Dr. Maurice Herlihy, and says it has completed audits by CertiK and Halborn.
Project materials list a current token-sale price of $0.005 and reference $0.05 as a planned price point associated with its mainnet roadmap. The project has also said an exchange listing is scheduled for February 10, 2026. As with any early-stage token offering, these figures and timelines are project-reported and may change, and they should not be treated as assurances of future performance.
LINK Holds Near $16 as Whale Activity Rises
Recent Chainlink (LINK) commentary has pointed to increased whale activity. Some analysts have cited on-chain figures suggesting large holders bought more than 54 million LINK, with activity clustering near the $16 level. Reports also point to partnerships and pilots, including work referenced with the U.S. Department of Commerce and a collaboration with S&P Global aimed at bringing stablecoin-related data on-chain.
LINK’s buying activity has coincided with a roughly 12–15% price move in recent trading, though the token has been described as facing resistance around $20. Some market observers have discussed potential levels such as $23.60 and $27.00 if price strength continues, but such targets are speculative and depend on broader market conditions.
NEAR Faces Pressure After Governance Controversy
The Near Protocol (NEAR) price has weakened, trading between $2.16 and $2.23 as of October 23. This move of more than 3.3% has left it underperforming the broader crypto market over the same period. The decline follows a governance dispute on October 21 that sparked debate across the community.
The controversy centers on a tokenomics upgrade that was implemented by the development team even though it reportedly failed a community vote. Critics have said the move raises questions about governance practices and decentralization. The continued debate has added pressure to the Near Protocol (NEAR) price trend, which has been hovering near the $1.95 support level. Some analysts have warned that a sustained move below that level could increase the risk of revisiting prior lows, though outcomes remain uncertain.
What the Latest Updates Suggest Across BDAG, LINK, and NEAR
The latest market updates show different themes across projects. Chainlink (LINK) has been associated with whale accumulation and ongoing partnership headlines, while Near Protocol (NEAR) has faced uncertainty tied to governance discussions. BlockDAG, meanwhile, is being followed largely due to its reported token-sale fundraising and its technical claims.
BlockDAG’s fundraising figures and planned timeline have been key talking points in coverage, but claims about future outcomes remain speculative. Investors evaluating any token offering may consider factors such as execution risk, governance, liquidity, and independently verifiable technical performance. For reference, the project website is linked here: BlockDAG (BDAG).
This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. As with any initiative within the crypto ecosystem, readers may wish to do their own research before taking part, carefully considering both the potential and the risks involved. This article is for informational purposes only and does not constitute financial or investment advice.
