AAVE Bears Tighten Grip, DOT Surges On Polkadot 2.0 Hype, and BlockDAG Proves Its Edge With Beta Testnet & $381M Presale!

Market narratives tend to crumble when solid infrastructure isn’t backing them. AAVE’s recent price slip highlights how fragile momentum becomes when breakdowns and outflows shake confidence. Meanwhile, Polkadot’s DOT has seen renewed traction, supported by buzz around protocol upgrades and possible ETF developments, but still leans on what could happen in the future.

On the other hand, BlockDAG is already showcasing delivery. Its Beta Testnet is live, complete with EVM support, faucet access, and a Blockchain Explorer. Instead of just pointing to slides on a roadmap, BlockDAG is rolling out working tools, transparency, and a space for developers to build. It isn’t just discussing growth, it’s showing it in real time.

BlockDAG Testnet Brings Utility To The Front

Where many projects rely on marketing and projections, BlockDAG has gone the practical route. Its Beta Testnet isn’t symbolic, it’s a live environment for real testing. Outfitted with a Blockchain Explorer, faucet, smart contract deployment, and MetaMask integration through EVM, it gives the community a direct chance to try the system themselves and see how well it performs.

This setup allows developers to launch contracts, mint coins, build dApps, and test wallet interactions with immediate feedback. The system is public-facing, meaning users don’t just hear about potential features; they experience them firsthand. This practical, transparent model shifts focus away from hype and toward results people can interact with directly.

Numbers reinforce this traction. With over $381 million raised, 25 billion coins sold, and ROI standing at 2,660% from batch 1 to batch 29, momentum is unmistakable. The presale is currently in batch 29 at $0.0276, with the confirmed launch price set at $0.05. The difference is clear; this isn’t a roadmap slide, it’s a working product.

By making its tools available so early, BlockDAG proves that it is serious about building with the community, not just marketing to it. That visibility is why BlockDAG continues to gain attention; it’s already functioning, already transparent, and already showing what’s possible in real time.

AAVE Falls Below $335 Key Level

AAVE recently failed to hold the $335 level, leading to a sharp decline out of its rising channel. This triggered over $3.3 million in net outflows on August 18, reflecting a strong round of deleveraging. Prices briefly stabilized around $285–$290, but resistance has stacked up at the 20-, 50-, and 100-day EMAs near $295–$305, making recovery much harder.

At the same time, the RSI is subdued around 41, underlining the bearish tilt. Unless AAVE clears the $300 psychological barrier, pressure is likely to build toward the next support band between $275 and $280. Sentiment remains uneasy, as traders question whether demand will be strong enough to halt the decline or if further weakness lies ahead.

The speed of this drop is notable; liquidations accelerated, technical levels broke quickly, and confidence weakened further. For now, the big question is whether AAVE can stabilize above current thresholds or sink deeper under market pressure, as bears continue to test key zones.

Polkadot Surges As Traders Eye $5 Level

DOT has staged an 8% climb to $4.18, powered by excitement surrounding Polkadot 2.0 upgrades and talk of a spot ETF. This spike has shifted sentiment, with a run toward $5 looking possible if momentum continues to build over the coming weeks.

The upgrade theme has been key, sparking renewed faith in Polkadot’s ability to deliver meaningful network improvements. Analysts see these changes as potential drivers of developer engagement, cross-chain efficiency, and stronger use cases across the ecosystem. For DOT holders, the $5 level now represents an important milestone in this unfolding rally.

This isn’t only about hype; the bounce signals structural optimism, with traders watching whether DOT’s rally can sustain and evolve into a longer-term shift. With ETF speculation adding fuel, the coming sessions will be critical in determining whether Polkadot can push beyond resistance levels and reclaim broader market confidence.

Looking Ahead

Price speculation can fuel short rallies, but sustainable strength comes from real-world progress. AAVE’s breakdown shows how fast momentum can disappear when levels collapse. DOT’s rise is tied to optimism for what’s ahead. BlockDAG, however, has already rolled out infrastructure for users and developers to access today.

With $381 million raised, 25 billion coins sold, and an ROI of 2,660% from batch 1 to batch 29, the presale is powering forward with clear traction. Batch 29 stands at $0.0276, and the confirmed launch price is $0.05.  In a market where many projects lean on projections, BlockDAG is standing out by showing what’s already built.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu