Uniswap Crashes 6.6%, Chainlink Users Vanish, BlockDAG Testnet Goes Live: What’s the Top Crypto Asset Now?

When momentum fades, fundamentals step in to reveal what’s real. Uniswap’s UNI price sentiment is slipping as distribution pressure grows, pulling the token toward lower support levels. Chainlink’s strong rally is shadowed by a drop in user retention, raising questions about sustained engagement despite short-term gains. 

In contrast, BlockDAG is offering hands-on value through its Beta Testnet, which supports smart contracts, NFT minting, MetaMask integration, and dApp testing in a live EVM-compatible setup. With tools already functional and investor traction building, BlockDAG is positioning itself not just through price metrics but by delivering real utility from day one.

BlockDAG Testnet Unlocks Real Utility for Builders and Early Users

BlockDAG’s Beta Testnet isn’t just a tech demo; rather, it’s a fully operational environment built for hands-on interaction. Developers can deploy and interact with smart contracts, mint NFTs, transfer BDAG tokens using MetaMask, and test complete dApp logic in an EVM-compatible framework. 

In effect, it functions like a mainnet without the risks, providing a realistic playground for builders. Additionally, a built-in blockchain explorer allows for full transparency across transactions, while the integrated faucet removes access barriers by offering frictionless test token distribution. 

As a result, this approach positions the testnet as more than a developer sandbox. It’s a launchpad for real preparation. Whether you’re writing contract logic or stress-testing NFT minting workflows, BlockDAG gives you the tools now, before the full network goes live. Consequently, this makes it easier for teams to polish products and hit the ground running on mainnet. 

Meanwhile, BlockDAG’s presale is validating its traction. With $380 million raised, over 25 billion coins sold, and a current batch 29 price of $0.0276, the project has delivered an ROI of 2,660% since batch 1. Therefore, these figures have placed BlockDAG firmly in conversations around top crypto asset opportunities, especially for those looking at real utility instead of just hype. 

Uniswap Price Sentiment Weakens as Key Support Gets Tested

Uniswap UNI price sentiment has tilted bearish following a sharp 6.6% decline, pulling the token down toward the $10.40 support zone. Specifically, the breakdown below the $11.20 level, previously aligned with the 200 EMA and key horizontal support, signals growing distribution pressure. Furthermore, on-chain data reinforces this view, with a $25 million net inflow into exchanges on August 15 marking the largest such move in six months, indicating potential sell-offs by larger holders. 

In addition, technical indicators are also flashing red. The RSI hovers in the mid-30s, reflecting weak demand on recovery attempts, while price action remains capped by resistance from the 50 EMA ($10.75) and 100 EMA ($10.89). If the $10.30–$10.40 zone fails to hold, UNI could revisit the recent lows around $9.60 to $9.40. At present, Uniswap UNI price sentiment reflects caution, with sellers continuing to shape short-term movement unless a strong support bounce shifts momentum. 

Chainlink Price Action Gains Strength but Faces User Retention Dip

Chainlink LINK price action has shown impressive strength with a 57.6% surge over the past month, supported by growing daily active addresses and bullish market behavior. In particular, Open Interest has risen nearly 20%, while a positive Funding Rate highlights increasing confidence among derivatives traders. Moreover, on-chain metrics like spot CVD further confirm sustained buying interest, reinforcing the upward trend.

However, not all indicators point to stability. For instance, Chainlink’s retention rate has dropped from 24.5% in April to 17%, signaling a decline in long-term user engagement. This suggests that while activity is rising, much of it may be driven by short-term participants rather than consistent ecosystem involvement. As a result, the contrast between price momentum and falling user loyalty introduces an element of caution.

Real Utility vs Speculative Momentum: Where BlockDAG Stands Apart

Price movement can signal opportunity, but long-term value depends on delivery. Uniswap’s UNI is under pressure from increasing sell-offs, while Chainlink’s rising activity is clouded by falling retention rates. Both show signs of strain beneath the surface. 

BlockDAG, in contrast, is already offering hands-on functionality through its Beta Testnet, where smart contracts, NFTs, and dApps can be tested in a live, transparent environment. This isn’t a future promise, it’s already live. For users and developers seeking more than temporary price swings, BlockDAG stands out by showing progress that can actually be used right now.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu