When short-lived rallies fade, the real test is whether fundamentals can support future growth. Uniswap’s UNI price is under pressure as sellers dominate, driving it toward fragile support zones. Chainlink has seen a strong surge but now faces a troubling dip in user retention that raises questions about long-term loyalty despite strong price movement.
By contrast, BlockDAG has shifted attention away from speculation by activating its Beta Testnet, already running smart contracts, NFT minting, dApp testing, and MetaMask integration in an EVM-compatible environment. It’s not just about charts anymore; it’s about delivering features that builders and communities can use immediately, with traction growing rapidly across both technical progress and presale performance.
BlockDAG Testnet Unlocks Dev-Ready Features!
BlockDAG’s Beta Testnet goes far beyond a limited demo environment; it’s a fully usable playground designed for builders and early participants to experiment under mainnet-like conditions. Developers can launch smart contracts, mint NFTs, deploy dApps, and send BDAG coins via MetaMask, with every process supported by a transparent, EVM-compatible framework.
To support adoption, a built-in blockchain explorer provides visibility into each transaction, while the integrated faucet ensures users can access test assets without barriers. This blend creates a frictionless way for teams to prepare products and workflows before the eventual network launch, cutting down development delays and boosting efficiency.
At the same time, BlockDAG continues to impress with its presale traction. So far, $380 million has been raised, over 25 billion coins sold, and the batch 29 price sits at $0.0276. Early participants from batch 1 are already up 2,660% compared to that price, reinforcing BlockDAG’s momentum as both a utility-driven project and one of the most discussed crypto names right now.
UNI Faces Heavy Selling Pressure at Support Zone
Uniswap’s UNI has seen a sharp 6.6% fall, dragging it toward the $10.40 support zone. The breakdown below $11.20, once aligned with the 200 EMA and major support, has added to distribution pressure, with on-chain data confirming the trend. A $25 million inflow into exchanges on August 15 marked the largest in half a year, suggesting big players may be preparing to unload.
Technical signals further strengthen the bearish outlook. RSI sits in the mid-30s, showing limited demand, while the 50 EMA ($10.75) and 100 EMA ($10.89) cap recovery efforts. If $10.30–$10.40 does not hold, UNI risks sliding toward $9.60–$9.40 in the near term. For now, market sentiment leans toward caution, with sellers shaping momentum until stronger support or a reversal pattern emerges.
LINK Rallies Strong, But User Loyalty Declines
Chainlink’s LINK has surged 57.6% in the past month, powered by strong demand and increased daily active addresses. Open Interest has jumped nearly 20%, Funding Rates remain positive, and spot CVD confirms consistent buying interest, together creating a bullish backdrop that has fueled impressive price growth in recent weeks.
But momentum doesn’t tell the full story. User retention has slipped from 24.5% in April to just 17%, revealing that fewer participants are staying engaged beyond short-term activity.
While market enthusiasm is pushing LINK higher, the weaker loyalty metrics hint at fragility under the surface. This contrast between surging price action and lower user stickiness introduces a note of caution for those tracking LINK’s long-term market health.
Looking Ahead
Price moves can grab attention, but lasting strength depends on delivery. Uniswap is under pressure from heavy sell-offs, while Chainlink shows strong activity but weaker user retention. Both highlight cracks beneath their short-term headlines. BlockDAG sets itself apart with tangible progress already live through its Beta Testnet.
From NFT minting to dApp testing in a transparent environment, the project is showcasing features that are more than just marketing. For builders and early participants wanting to move beyond speculation, BlockDAG is carving out a position as a crypto with utility in action, not one waiting on promises.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
This article contains information about a cryptocurrency presale. 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.
