Traders watching Shiba Inu (SHIB) price action often point to its large supply and slow token burns as factors that can weigh on longer-term price expectations. Ethereum (ETH) price movement is also closely watched alongside large-holder activity and ETF flows, which can influence short-term liquidity. Against that backdrop, some market participants are also tracking newer networks that are still in early development.
Right now, BlockDAG’s Awakening Testnet is presented by the project as a demonstration of its approach. Project materials describe features such as smart contract deployment, account abstraction with smart wallets, batch transactions, gas sponsorship, and social recovery options for account access.
The project also describes live dashboards intended to display network statistics (such as TPS and fees). These details have not been independently verified.
BlockDAG testnet: reported features and tooling
According to the project, the Awakening Testnet is designed to combine throughput improvements with developer and user tooling. It cites account abstraction (EIP-4337) and smart-wallet functionality, including gas sponsorship, transaction batching, and social recovery. The project also describes dashboards for network metrics such as TPS, gas fees, and related statistics.
The team also says it is working on runtime upgradability intended to reduce reliance on disruptive hard forks.
BlockDAG also references an NFT Explorer module that, per the project, can display media and transfer history. As with other testnet features, availability and performance may change before any production deployment.
Separately, the project reports that its ongoing token sale has raised nearly $415 million and that more than 26.4 billion tokens have been sold. It also reports more than 312,000 holders and cites mining-related adoption figures tied to its X1 mobile app and shipped hardware units. These figures are project-reported and have not been independently verified.
Any expectations about future listings, prices, or returns are inherently speculative and may not materialize.
SHIB Price Falls Below $0.000012 After Exploit
The latest shiba inu (SHIB) price coverage places the token near $0.00001174, with traders reacting to reports of a $4.1 million exploit involving the Shibarium bridge. Reporting indicates validator key misuse drained funds, after which the team froze withdrawals and discussed recovery efforts.
The incident has added uncertainty in the short term, especially as SHIB continues to face questions about supply size, burn rates, and broader utility. Some commonly discussed long-term targets would require very large percentage moves, which may be difficult to achieve and should not be assumed. Comparisons with other meme coins underscore how quickly attention can shift across the sector.
Separately, some observers have discussed whether SHIB could eventually meet criteria relevant to exchange-traded products following SEC updates to listing standards, citing the presence of regulated futures. Any ETF-related outcome remains uncertain.
As shiba inu price outlook debates continue, market participants are weighing whether SHIB’s risk profile and utility are competitive with other options. Security incidents and shifting sentiment can materially affect near-term demand.
Ethereum Price Holds $4K: But Can It Last?
The latest Ethereum (ETH) price movement shows the asset trading close to $4,000, with intraday swings between $3,975 and $4,065. Some market data shows significant ETH moving from exchanges into private wallets over a short period, which is often interpreted as a sign of longer-term holding, though motivations can vary.
At the same time, ETF flows have shown net outflows in recent reporting, which can add pressure to short-term demand. Analysts have highlighted support near $3,875; if it breaks, lower levels may be tested. On the upside, reclaiming levels such as $4,211 is cited by some traders as a key threshold.
This Ethereum price trend has also been discussed in the context of long-term holders moving tokens, which can be associated with profit-taking or portfolio rebalancing. Despite these cross-currents, Ethereum remains a widely used network with a large developer ecosystem.
Comparisons between Ethereum and newer networks should be made carefully, given differences in maturity, liquidity, security history, and adoption. Testnet feature sets also do not necessarily translate into production performance or user growth.
In A Nutshell
The latest shiba inu (SHIB) price coverage highlights how security concerns and token-economics debates can influence confidence. Even if ETF-related eligibility discussions continue, outcomes are uncertain and timelines can change.
Ethereum (ETH) remains near $4,000 in recent trading, with large-holder activity and ETF flows both cited as drivers of short-term volatility. Key support and resistance levels are closely watched, but technical levels are not guarantees.
BlockDAG, meanwhile, is being tracked by some traders due to its project-reported testnet functionality and its fundraising through a token sale. As with any early-stage crypto project, technology claims, adoption metrics, and future valuations carry uncertainty and should be evaluated carefully.
Project website (for reference): https://blockdag.network
Project 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.
