Solana is holding above $210, trying to confirm a breakout. Polkadot is rolling out governance changes and community programs, but remains stuck below $3.80. Both projects are active, but the question is whether they’re showing real growth beyond technical shifts or simply struggling to keep pace in competitive, evolving markets.
BlockDAG has also drawn attention based on figures it has published about its ongoing token sale. The project says it has raised $405 million, sold 26.2 billion coins, and reached more than 3 million users on its X1 app. These figures have not been independently verified.
BlockDAG Reports $405M Raised During Token Sale
Raising hundreds of millions of dollars ahead of a network launch is uncommon. BlockDAG says it has raised $405 million, sold 26.2 billion coins, and has more than 320,000 holders. The project presents these as early indicators of ecosystem interest, though they should be treated as self-reported token sale metrics rather than measures of network usage.
BlockDAG also reports that more than 19,800 mining rigs have been sold worldwide and that its X1 app has surpassed 3 million users. It further claims more than 325,000 people are active across Telegram, Discord, and other social channels.
The project’s token sale has been structured in batches with different prices over time. Any discussion of pricing or earlier batches does not indicate future performance, and token sale participation can involve significant risk.
BlockDAG has referenced a Singapore deployment event in partnership with Coinstore and has indicated it is preparing for exchange listings. Timelines and listing outcomes are uncertain and depend on third parties.
Polkadot Expands Governance While Price Slips
Polkadot developers are targeting faster parachain blocks, aiming for 500-millisecond speeds by year-end. Governance continues to expand, with Referendum 1729 passing to add USDC and USDT to Treasury reserves. Referendum 1740 also opened, focused on reducing HRMP pending messages to streamline cross-chain communication.
At the same time, adoption efforts continue. A new rewards platform linked to Inter Miami is intended to drive real-world use, and Coins.ph launched a raffle tied to Polkadot transfers to grow activity. Still, the market response has been weak. DOT dropped 4%, falling below $3.80 to $3.75, while trading volume spiked over 2.2 million. Repeated failures at $3.90 highlight strong selling pressure despite progress on infrastructure.
Solana Eyes Breakout Above $210
Solana bounced back from $194 and reclaimed $210, though resistance at $212 has capped further moves. Support sits near $200, with $194 as a second floor. Analysts are watching resistance zones at $220 and $227, where a breakout could trigger further gains.
Technical indicators remain favorable, with price above the 100-hour moving average and above the 50% Fibonacci retracement of its recent climb. Still, signs of profit-taking are emerging. Net Unrealized Profit/Loss (NUPL) has risen to 0.30, often treated by traders as a potential correction signal. Long-term holders are trimming positions, showing caution even as optimism builds around the Alpenglow upgrade.
If Solana can flip $206–$208 into support, targets at $227 become realistic, especially if broader ETF sentiment supports large-cap altcoins.
Final Thoughts
Solana is pressing against resistance, and Polkadot is refining its infrastructure while fighting price weakness. Both remain projects to watch, but they still depend on charts and upgrades to prove momentum.
BlockDAG, meanwhile, is drawing interest based on the scale of its reported token sale and community metrics. As with any early-stage crypto project, the figures cited are project-reported and should not be treated as guarantees of adoption or market performance.
Project website (for reference): https://blockdag.network
Telegram (for reference): https://t.me/blockDAGnetworkOfficial
This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
