Ethena Eyes Rebound After $101M Unlock Drop
Ethena (ENA) is showing signs of recovery after a sharp 10% correction triggered by its $101.37 million token unlock on October 5, which added 171.88 million ENA to circulation. The influx of supply pushed prices into the $0.45 to $0.47 range, where traders are now watching for stability. The Stochastic RSI sits near 22, signaling oversold conditions that could fuel a short-term rebound toward $0.55.
While sentiment remains cautious, long-term holders view this phase as consolidation rather than capitulation. With another 40.63 million ENA unlock worth about $21.8 million expected on November 2, volatility may persist, but accumulation zones near $0.45 continue to draw attention from traders seeking strategic entry.
Ethereum Positions for Potential $6,200 Rally
Ethereum (ETH) is holding firm near $4,500 after a minor 4% daily dip, sustaining weekly gains of around 5%. Analysts suggest the current pullback could represent an accumulation window, with the ETH/BTC ratio testing key support levels between 0.0325 and 0.03 BTC. This zone, often linked to major bullish reversals, aligns with the 10-week moving average, adding technical weight to the outlook.
Several traders remain optimistic about Ethereum’s setup. Merlijn The Trader highlights a long-awaited golden cross on both price and MACD, while Michaël van de Poppe and Trader Tardigrade see potential for a breakout above $4,800. If confirmed, ETH could surge toward the $5,800 to $6,200 range, reaffirming its leadership among top crypto coins this quarter.
BlockDAG Strengthens Global Credibility with $430M+ Raised
BlockDAG continues to command attention as one of 2025’s most credible presale projects. The project has already raised $430M+ in Batch 31, offering BDAG at $0.0015 while engaging over 312,000 holders and selling 27B+ coins. With excitement building ahead of GENESIS Day, BlockDAG’s roadmap showcases steady delivery and a clear vision for global expansion backed by verified progress.
The network’s technological and community momentum is now translating into measurable adoption. More than 20,000 hardware miners have been sold, including the X10 device known for its plug-and-play efficiency, while over 3.5 million X1 mobile miners continue earning BDAG daily. These figures underline BlockDAG’s growing reach and the practical use cases driving user engagement before mainnet activation.
BlockDAG’s Buyer Battles add another layer of excitement by distributing 50 million BDAG daily, rewarding top buyers, and reinforcing its interactive presale model. This system fosters healthy competition and consistent liquidity, giving the project a unique edge over conventional presales that rely solely on static participation.
BlockDAG will also host an exclusive AMA on Binance this Friday, October 24 at 3 PM UTC, marking a major milestone for its $430M+ ecosystem. The session will feature roadmap insights and updates ahead of Keynote 4: The Launch Note and GENESIS DAY. Buyers can still access BDAG at $0.0015 in Batch 31 and use code “TGE” to boost rewards before the dashboard upgrade and price rise. This event is set to spotlight BlockDAG’s next major phase as the project prepares for a new wave of global momentum.
Key Insights
As Q4 advances, confidence is shifting toward projects demonstrating visible progress and strong technical delivery. Ethereum continues to command attention with targets near $6,200, while Ethena fights to stabilize around $0.45 amid supply pressures. These trends highlight a market rewarding proven structure over speculation.
BlockDAG’s $430M+ presale embodies that standard. With Batch 31 active at $0.0015, GENESIS nearing, and a projected $0.05 listing, it stands as a top contender among crypto coins to watch. Its verified miner network, Buyer Battles, and transparent framework keep momentum strong as it leads the 2025 growth narrative.
