The crypto market has seen notable moves this week. OKB rose by more than 24% following a large token burn announced by OKX, which reduced circulating supply and coincided with higher trading activity. Avalanche (AVAX) also returned to focus, with online searches increasing and some analysts discussing potential technical breakouts. Beyond these short-term shifts, one project drawing attention is BlockDAG (BDAG).
According to the project’s public materials, BlockDAG has raised more than $386 million through a token sale, with BDAG priced at $0.03 in what it describes as “Batch 30.” The project also reports that more than 25.5 billion tokens have been sold. Any return-on-investment figures cited in promotional materials are not guaranteed and depend on future market conditions and listing outcomes.
OKB Price Rises After Supply Cut
OKB rose 24.43% in a single day on August 17, 2025, marking one of its larger daily moves. The move followed a burn event announced by OKX that removed 65.26 million OKB, which the exchange valued at $7.6 billion. The exchange said the burn reduced supply by 52%. Trading volume also increased sharply over the same period, based on figures circulated by market data trackers at the time.
Only a few days earlier, another burn coincided with a sharp move that reportedly took OKB from around $46 to near $142. Separately, OKX has promoted upgrades to its X Layer network, including claims of higher throughput (5,000 TPS) and lower fees. As with many exchange-linked tokens, price action can be volatile; traders often watch technical levels such as resistance near $141 and $168 and support around $103, though these levels can shift quickly.
Avalanche Price Outlook Highlights Key Levels
Avalanche is again drawing interest, with retail searches climbing on Google. Search activity can sometimes coincide with increased attention, but it does not reliably predict price direction. On technical charts, some traders have pointed to resistance near $27; a move above that area is sometimes discussed alongside potential follow-on levels around $32 and $37.
Some analysts have discussed much higher long-range price scenarios for AVAX during the current market cycle, including the $150–$200 range, though such projections are speculative and not a guarantee. Other indicators referenced by traders include Bollinger Bands (often used to gauge volatility) and moving averages such as the EMA50. Market participants also frequently cite support around $23–$24, but these observations can be invalidated by rapid market moves.
BlockDAG Dashboard V4 and “3M Miners” Claims
While OKB and Avalanche showed large price moves, BlockDAG’s updates have been highlighted primarily through project-reported activity. The team says it has raised more than $386 million in a token sale, and that BDAG is priced at $0.03 in “Batch 30.” The project has also referenced a planned $0.05 listing price, which is a stated intention rather than a confirmed outcome.
One of the features the project promotes is “Dashboard V4,” which it describes as an interface that includes BDAG charts, wallet balances, and other tracking tools. The dashboard also includes referral-related rankings, which are marketing mechanics described by the project. As with any early-stage token, the usefulness of these tools depends on the product’s continued availability and the accuracy of the underlying data.
The project also claims more than 3 million active “X1” mobile miners. According to BlockDAG’s materials, this is intended to allow participation via a mobile app, alongside additional hardware options it has demonstrated publicly. Independent verification of user counts and network activity may not be available.
On security, BlockDAG says it has undergone reviews by CertiK and Halborn and implemented changes such as multi-signature controls. The project describes its architecture as a hybrid blockchain and DAG design intended to improve throughput. As with other early-stage networks, security and performance ultimately depend on implementation details and ongoing maintenance.
Market Context
OKB’s move after a burn event and renewed attention on Avalanche illustrate how quickly narratives and liquidity can shift in the altcoin market. However, short-term price movements, technical analysis levels, and token-sale milestones should not be treated as indicators of future performance.
For reference, readers can review project information directly from BlockDAG and its official social channel.
Project website (for reference): https://blockdag.network
Telegram (project channel): https://t.me/blockDAGnetworkOfficial
This article contains information about a cryptocurrency token sale. Crypto Economy is not associated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
