The market is shifting again as analysts track two very different storylines. The ZCash (ZEC) price update shows the rally stalling at the $800 resistance, raising questions about momentum. Meanwhile, the Chainlink (LINK) price structure is strengthening as retail buyers step in while whales reduce exposure, creating a more balanced setup for the weeks ahead.
At the same time, BlockDAG (BDAG) is drawing renewed attention after an analyst, who once doubted the project, revisited its underlying progress. Seeing the X30 and X100 miners operational in the BlockDAG office reshaped sentiment. With BDAG at $0.0078 in Batch 33 and over $436 million raised, execution now defines the story.
ZCash Pushes Toward $800, but Momentum Shows Cracks
Ask anyone tracking the ZCash (ZEC) price update, and they’ll tell you the same thing: ZEC has been unstoppable for months. Its surge above long-standing resistance levels set the tone, and hitting a new all-time high of $744 only fueled more optimism.
But now ZEC sits just below $800, and the charts are finally flashing fatigue. RSI levels near 95 and a MACD reading that has never been higher point to the kind of overbought territory that rarely lasts. Even so, the rally hasn’t broken down yet, and the lack of bearish divergence has allowed momentum to hang on longer than expected.
Still, analysts watching the ZCash (ZEC) price update warn that a failure to clear $800 could send ZEC right back toward the $400 zone. With Elliott Wave counts showing an extreme extension, the rally looks closer to its finish line than its starting point.
Chainlink Shows Quiet Strength as Retail Traders Step In
The Chainlink (LINK) price structure tells a very different story, not explosive, but quietly compelling. LINK slipped under $16 after whales trimmed their holdings, but retail buyers have been accumulating in a way that suggests they see value where larger players stepped back.
Futures market behavior adds another wrinkle. Rising open interest and stronger derivatives activity hint that traders may be positioning for a push toward $19. And with Chainlink’s core role as the data backbone for countless smart contract systems, many analysts argue that the Chainlink (LINK) price structure has more underlying support than the recent dip implies.
There’s also a broader point here: the Chainlink (LINK) price structure often reflects the mood of the DeFi ecosystem. When developers, protocols, and institutions are active, LINK tends to follow. Current data suggests engagement is rising again, which is why the Chainlink (LINK) price structure is getting renewed attention even after its pullback.
What Changed Joshua Case’s Mind About BlockDAG
BlockDAG’s reputation didn’t flip overnight, but the shift is hard to ignore. Earlier in the year, plenty of analysts brushed it off as another noisy presale that leaned too heavily on marketing. Among them was writer Joshua Case, whose skepticism was blunt. Then he saw the X30 and X100 miners humming along in real time, and something clicked. The hardware wasn’t a mock-up. It wasn’t a promise. It functioned exactly the way the team had described.
Case expanded on this reversal in his Medium article “I Almost Wrote BlockDAG Off, Here’s Why I Haven’t and Why I’m a Real Believer Now.” He admitted that for months, the project looked more like an over-aggressive sales push than a serious engineering effort. His wording was unflinching: “Between June and September, it felt more like a used-car sales pitch than a serious blockchain project.” The turning point, he explained, came from transparency and working on products. “Seeing the X30 and X100 miners actually running in their office, that’s when I realized this wasn’t just hype; it was engineering.”
Beyond the miners, Case zeroed in on something too often overshadowed by presale noise: the architecture itself. Kaspa relies on a UTXO-based DAG designed for rapid value transfers. BlockDAG took a more challenging route by building EVM compatibility directly into a DAG structure. In his words, “Kaspa uses a UTXO-based DAG, fast but limited to simple transfers.
BlockDAG, on the other hand, built a full EVM-compatible DAG. That means it doesn’t just move tokens; it runs decentralized applications at DAG speed.” The distinction matters because it shifts BlockDAG from a niche performance play into a computational ecosystem.
With BDAG priced at $0.0078 in Batch 33 and more than $436 million raised, the narrative has shifted from “Is this real?” to “How far can this go?” Case ended his Medium piece with a line that has since echoed across social threads: “It’s not perfect, but it’s real. And in a market full of noise, that’s what truly stands out.” His final message summed up the mood that’s been spreading around the project: “In crypto, hype fades. Execution doesn’t.”
The Bottom Line
The ZCash (ZEC) price update makes one thing clear: ZEC is at a crossroads. Another breakout could open the door to new highs, but momentum indicators suggest the rally is running out of steam. Meanwhile, the Chainlink (LINK) price structure is showing early signs of a rebound driven by fundamentals rather than hype, putting LINK back on analysts’ watchlists.
BlockDAG, once doubted, now sits in a very different category; one reserved for projects proving themselves through working hardware, architectural ambition, and consistent delivery. That combination is why BlockDAG is increasingly entering discussions about the top crypto for 2025, as analysts reassess its potential with fresh confidence.
