BlockDAG Soars After AMA 7, Ethereum Faces Resistance, & TAO Eyes New Highs

See Why BlockDAG’s Presale Blazed Past $217.5M After Major AMA 7 Updates! Ethereum Faces Resistance & Bittensor Eyes a Surge

Ethereum is once again hitting resistance, and the buzz around its possible shift to RISC-V is intensifying, potentially shaking up its price forecast. Meanwhile, Bittensor (TAO) is gaining momentum, with its price targeting the crucial $260–$280 range, leaving traders hopeful for more upside.

However, BlockDAG is stealing the spotlight! AMA 7 has sparked a wave of excitement, with major updates on audits and security features fueling confidence. Following the event, BlockDAG’s presale skyrocketed to a massive $217.5 million, proving that its transparency and commitment to building trust are paying off. As it moves closer to its mainnet launch, BlockDAG is rapidly becoming a project to watch!

Ethereum Nears $1,800: Can Bulls Push Through?

Ethereum is facing a tough test at the $1,788 resistance level, where selling pressure has been strong since April. This comes as the debate heats up over the potential shift from Ethereum’s Virtual Machine (EVM) to RISC-V architecture, a move aimed at boosting execution efficiency.

While opinions are split, Ethereum’s price movements are closely tied to how this change could impact the broader ecosystem, particularly Layer 2 solutions. For now, the big question is whether bulls can break through this resistance and hold above the downward trendline. If they succeed, Ethereum could see a fresh wave of momentum; if not, further consolidation may follow.

Bittensor’s Path to Breakout: Key Support Levels

Bittensor (TAO) has gained momentum, breaking through the key $276 resistance. Analysts are now targeting $470, provided the asset maintains support between $260 and $280. This upward move is backed by increasing volume and a rising Relative Strength Index (RSI), signalling strong buyer control.

If Bittensor can hold steady in this support range, it could soon retest highs from early 2024, presenting a prime opportunity for traders to capitalise on the trend. With momentum on its side, TAO’s price could continue climbing, making it a strong contender for those looking to seize market potential.

BlockDAG Boosts Trust with AMA 7—Presale Hits $217.5M!

BlockDAG is making major moves as it prepares for its highly anticipated mainnet launch, and it’s all about trust, security, and building solid momentum. During AMA 7, the project dropped some major updates, including a clean audit from Halborn, a top-tier security firm, and team verification from CertiK, one of the most trusted names in blockchain security. These crucial steps are raising confidence across the board, showing BlockDAG’s commitment to transparency and reliability.

But the excitement doesn’t stop there. BlockDAG also introduced Fortify, a cutting-edge multi-signature infrastructure that uses multi-party computation (MPC) to distribute contract permissions across multiple parties. This tech eliminates single points of failure and takes decentralisation to new heights, addressing some of the most pressing security concerns in blockchain today.

Thanks to these strategic moves, BlockDAG has already raised a massive $217.5 million, with more than 19.3 billion coins sold and a fast-growing community of over 170,000 supporters. The presale price has skyrocketed by an astounding 2,380%, moving from $0.001 to $0.0248 in Batch 27. But here’s the kicker – for a limited time, BDAG coins are still available at just $0.0025, offering a golden opportunity to get in before the expected price surge.

With the roadmap gaining traction, BlockDAG is ramping up for success. Final testnet audits are in progress, and over 10 centralised exchange listings are lined up for launch. Analysts are already predicting a $1 price target for BDAG in 2025. Backed by solid infrastructure, clear audits, and a strong focus on transparency, BlockDAG is positioning itself as a major player in the crypto space, set for long-term growth.

Final Thoughts

As Ethereum approaches resistance at $1,800, market observers are eagerly awaiting a breakout past this level. Likewise, Bittensor (TAO) is showing promise, with its ability to hold key support levels being crucial for the next leg up.

For BlockDAG, however, it’s all about building trust and delivering on promises. The updates from AMA 7 have reinforced its credibility, and with over $217.5 million raised, the project is moving quickly toward its mainnet. With its impressive growth and upcoming milestones, BlockDAG is quickly becoming one of the most closely watched projects in the crypto space.