SOL Faces Drop to $120, SHIB Rallies on Burn Boost, BlockDAG’s $0.0016 Offer & Sports Deals Spark Heavy Demand!

Solana (SOL) is hanging just under $150, and the pressure is building. Traders are watching closely, as signs point to a possible drop toward $120 if support breaks. On the flip side, Shiba Inu (SHIB) is showing some spark again. A massive spike in its burn rate has stirred momentum, giving the community hope for a rebound.

While these two wrestle with price moves, BlockDAG (BDAG) is scoring wins off the charts. It’s teamed up with Seattle’s Seawolves and Orcas, bringing blockchain closer to everyday fans through digital rewards and exclusive content. This shift into sports is helping BlockDAG reach new audiences.

Meanwhile, presale numbers are turning heads, $336 million raised, 23.7 billion coins sold. With the price locked at $0.0016 until the GLOBAL LAUNCH release on August 11, attention is only growing.

Solana Faces Sell Pressure Near $147

Solana (SOL) is currently trading just above $147, but charts are showing signs of a downturn. A descending wedge pattern has formed, and some analysts warn that SOL could slip to the $120–$125 range if selling continues. Short positions have jumped to $78.42 million, while long positions lag behind, showing a shift in sentiment.

Meanwhile, trading activity has dropped by nearly 50%, suggesting that many are waiting to see where the market moves next. Key support sits around $141. If SOL breaks below that line, it could fall further. On the upside, resistance is near $160, but it won’t break easily unless stronger volume steps in. Right now, the SOL price chart is at a crossroads, and the next few moves will be key for short-term direction.

SHIB Sees New Momentum on Supply Cut

Shiba Inu (SHIB) has seen a noticeable boost in momentum after its burn rate spiked by more than 10,800% within a day. Over 9.5 million SHIB were removed from circulation, signaling an active push from the community to help lift prices. While the number may seem small compared to the total supply, it had an effect; SHIB prices climbed 3.66% following the move.

Technical indicators like the RSI now point toward a recovery from oversold conditions. However, trading volumes remain low, hinting at caution among holders. The recent burn shows strong community involvement, but for SHIB to maintain momentum, more support and buying volume will be needed in the days ahead. It’s a good sign, but not yet a full trend reversal.

BlockDAG’s $0.0016 Offer Boosts Buying Action

BlockDAG is catching attention far beyond the usual crypto crowd, thanks to its new sports partnerships and major presale numbers. The platform has teamed up with two major rugby franchises, the Seattle Seawolves and the Seattle Orcas. Through these partnerships, fans get access to blockchain-powered perks like NFTs, digital content, and behind-the-scenes footage, freshly blending sports and tech.

This isn’t just about branding. BlockDAG wants to give users more ways to interact with teams they follow. The goal is to make blockchain a real part of everyday fan life, showing how it fits outside charts and graphs.

On the funding front, BlockDAG has already raised $336 million. It’s currently in Batch 29, where the coin price stands at $0.0276. A total of 23.8 billion coins have been sold so far. But right now, as part of the GLOBAL LAUNCH release, there’s a limited-time offer running until August 11. The price is frozen at $0.0016, one of the lowest since the early batches. At this rate, those who join could see up to 3,025% ROI by the time it reaches its $0.05 launch price.

With strong real-world partnerships and huge community interest, BlockDAG is shaping up as one of the top bullish crypto coins for 2025. It’s not just about price action anymore; this project is building real momentum both online and offline.

Final Thoughts

Solana’s price chart is under pressure, with key levels holding for now but looking shaky. Any strong push down could take SOL into the $120 zone. On the other hand, Shiba Inu is seeing fresh energy, helped by a major burn and improving signals. Still, the project needs higher volume to back up its upward move.

BlockDAG stands out with its powerful mix of growth and real-world presence. From sports partnerships to a record-breaking presale, it’s clear this project is expanding fast. With the $0.0016 GLOBAL LAUNCH release price in effect until August 11, many are watching it as one of the bullish crypto coins heading into 2025.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu