Several crypto assets saw notable price moves this week. Story (IP) traded around $11.75 after a reported 19% daily rise and a roughly 30% weekly increase alongside higher trading activity. Ethena (ENA) also drew attention after Arthur Hayes publicly discussed the token and reiterated a $1.50 target, which remains speculative.
Separately, BlockDAG (BDAG) has circulated figures about its ongoing token sale, including funds raised, tokens sold, and participation metrics. The following details are based on project statements and have not been independently verified.
Story IP Rides Volume Surge to New Heights
Story IP has reached $11.75 after a 24-hour rise of 19%. Its weekly climb of more than 30% has pushed market cap beyond $3.1B, while trading volume spiked 675% to $652M. Buybacks and exchange activity, including reported concentration on Upbit, which contributed about 30% of daily trades, were cited as drivers of the move.
Technically, Story IP has moved above the $10.26 level and trades above its 7-day moving average. RSI sits at 68, which can indicate stronger demand but may also suggest the market is nearing overbought conditions. With MACD indicators pointing to continued strength, some technical traders have outlined $13.46 as a possible upside level, while also noting that a pullback toward $9.34 is possible if momentum fades.
Ethena (ENA) Gains Hayes’ Backing and Binance Boost
Arthur Hayes has increased his exposure to Ethena, reporting a purchase of 1.34M ENA worth over $1M, bringing his total holdings to 4.45M. Hayes has also reiterated a $1.50 price target, which reflects personal commentary rather than a guaranteed outcome.
Binance’s listing of Ethena’s synthetic dollar, USDe, was cited by commentators as a significant distribution step for the broader Ethena ecosystem. Some observers have linked this development to Ethena’s proposed “fee-switch” mechanism and potential buybacks; any such figures are projections and depend on future activity and governance decisions. ENA has risen nearly 10% in recent sessions with volume up 130%, according to the figures cited in market coverage.
BlockDAG Shows Why It Leads the Best Long-Term Crypto Investments
BlockDAG has promoted itself as an early-stage network focused on mining participation and application development. The project says more than 3 million users are actively mining BDAG daily through the X1 mobile app, and that over 20,000 ASIC miners have been sold to users globally. These participation figures are project-reported.
On the development side, BlockDAG has stated that more than 4,500 builders are contributing to 300+ decentralized applications within its ecosystem. As with similar claims in early-stage projects, these numbers can be difficult to verify externally before a network is fully operational.
The project has also announced an “Awakening Testnet” for September 25, describing it as a milestone intended to demonstrate miner synchronization, account abstraction, and blockchain explorer tooling under real-world conditions. Timelines and feature delivery may change.
BlockDAG also reports that its token sale has raised over $410 million with 26.4 billion BDAG tokens sold, and that the current token-sale price is $0.0016 in “Batch 30.” Any future listings, prices, or long-term valuations are uncertain and should not be treated as projections.
Final Take: BlockDAG Leads as Top Crypto Investment
Story (IP) and Ethena (ENA) have recently been discussed in the context of technical levels and market commentary, including Hayes’ stated target for ENA. In parallel, BlockDAG has continued publicizing token-sale and ecosystem figures, along with its planned September testnet, as part of its roadmap narrative.
For readers comparing long-horizon projects, it may be helpful to separate verifiable market data (such as trading activity and listings) from project-reported metrics (such as user counts, developer totals, and token-sale proceeds). The phrase best long-term crypto investments is commonly used in promotional materials across the sector, but outcomes remain uncertain and risks can be significant.
Website (for reference): https://blockdag.network
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. Information about the token sale and ecosystem metrics is based on project statements and may change.
