BlockDAG Sells 24B Coins & Joins the Sports World as Ethena & FET Attract Market Attention

This week, the crypto market is showing renewed energy, with fresh developments from several high-interest projects. Leading the headlines, Ethena news sparked conversation after Arthur Hayes made a $1.5 million investment shortly after ENA’s 20% rally on Upbit, indicating his belief in a potential altcoin breakout. Meanwhile, FET price momentum is building, backed by a strong harmonic pattern and recent weekly gains.

At the same time, BlockDAG (BDAG) is expanding beyond the crypto space with a strategic sports partnership. Its deal with the Seattle Seawolves introduces blockchain elements to fans through collectibles and NFTs. With over $340 million raised and more than 24 billion BDAG coins sold, BlockDAG is increasingly seen as a top bullish crypto worth noting.

Ethena News: Arthur Hayes Invests After Upbit Price Spike

The latest Ethena news centers around Arthur Hayes’ $1.505 million investment in ENA, coming right after the token climbed 20% during its Upbit listing. Hayes acquired 4.2 million ENA tokens through platforms like Binance, Wintermute, and Galaxy Digital, which many view as a show of confidence in a broader altcoin recovery.

The ENA price rose from $0.22 to a high of $0.37 and is now trading near $0.3371. Hayes called the Upbit listing a key development, adding weight to ongoing interest in the synthetic dollar space. This move reinforces optimism around Ethena’s role within that niche and the potential for further upside.

FET Price Momentum Builds With Bullish Technical Setup

The steady FET price momentum is turning heads after a 10% gain over the past week, driven by a Bearish Bat harmonic pattern forming on the daily chart. This formation is approaching its final CD leg, a zone often associated with upward movement. Price action has rebounded from $0.55 and is now testing the 200-day moving average at around $0.78.

Technical analysts suggest that if the price holds above this moving average, the pattern could complete, pointing toward a possible move into the $1.50–$1.65 range. However, a dip below $0.64 would challenge this outlook and may signal a pause in the recent momentum.

BlockDAG Enters Sports With Seawolves Partnership & Strong Presale Metrics

BlockDAG is making a visible move into mainstream culture by teaming up with the Seattle Seawolves, a leading Major League Rugby team. Through this partnership, fans gain access to blockchain-backed digital assets, including NFTs and behind-the-scenes content. It’s a step toward showing how crypto technology can connect real communities and offer engaging, usable tools beyond speculation.

Behind this partnership is a fast-moving presale. BlockDAG has now raised $340 million and sold over 24 billion BDAG coins across 29 batches. Since the presale began, the price has climbed from $0.001 to $0.0276, marking a 2,660% gain. Yet, a limited offer remains: the coin is still available for $0.0016 until the upcoming GLOBAL LAUNCH release on August 11.

This dual momentum, both in visibility and market performance, has helped solidify BlockDAG’s position as a top bullish crypto. Analysts suggest it could reach $10 long-term, based on its user growth, utility, and expanding reach through real-world collaborations.

With increased demand and growing attention from both sports fans and crypto buyers, the current presale phase may be one of the most compelling entry windows for those watching closely.

Final Thoughts

From Arthur Hayes’ significant ENA investment dominating Ethena news to growing FET price momentum backed by chart patterns and recovery signals, the market is showing signs of renewed optimism. Both tokens are building strong narratives for continued monitoring.

Still, BlockDAG is emerging as a standout with its entry into professional sports and strong presale traction. With $340 million already raised, 24 billion coins sold, and a locked $0.0016 price before the August GLOBAL LAUNCH release, BlockDAG’s strategy appears to be working. Its blend of real-world reach and presale success makes it a top bullish crypto to keep a close eye on as market sentiment continues to shift.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu