Ethereum's exchange supply has hit its lowest point since 2015. Cardano sits in an uncertain zone awaiting technical breakout.
Current State of the Ethereum Market
The ongoing Ethereum (ETH) market analysis reveals that ETH holdings on centralised exchanges have reached their lowest level since 2015, suggesting a growing trend towards holding and staking. With just 8.97 million ETH remaining on exchanges, Santiment data indicates a 16.4% decrease over the past seven weeks. Still, ETH’s value has dropped nearly 47% from its peak last December. Technical signals remain weak, with Ethereum struggling to clear major resistance zones. Slower fee revenue, lower DeFi usage on the mainnet, and increasing competition from layer-2 platforms have all contributed to a blurry short-term picture for Ethereum.
Cardano Price Prediction Hinges on Critical Levels
The current Cardano (ADA) price prediction sees limited clarity as ADA trades near $0.72, falling 2% in the past day. A 25% dip in trading volume also signals decreased trader interest. Analysts note a symmetrical triangle forming, suggesting the next move could decide ADA’s near-term direction. From a technical viewpoint, the Cardano price prediction depends on a breakout. Moving past $0.74 could open the way to $0.83, while slipping under $0.70 could lead ADA toward $0.65. Liquidation zones at $0.71 and $0.73, as shown by on-chain metrics, reflect strong indecision among market players.
BlockDAG Eyes $1 Mark Due to TGE Plans
BlockDAG’s latest AMA revealed a full breakdown of what many are calling one of the most well-prepared launches in today’s crypto space. The team outlined specific steps for the upcoming Token Generation Event (TGE), setting the stage for its official market debut. Among the key updates, BDAG will be fully tradable shortly after TGE. Work is already underway to ensure listings on 10 well-known centralised exchanges, including top-tier platforms that could drive stronger volume and attention. This upfront strategy has boosted confidence. Since the announcement, presale activity has surged. BlockDAG has now collected more than $207 million, with over 18.9 billion BDAG coins sold across 27 separate presale rounds. These milestones point to growing belief from the market, as many are eager to grab BDAG before it becomes openly available. Forecasts now suggest BDAG could reach $1 in 2025, supported by a clear rollout plan, planned listings, and solid early performance.
Ethereum’s reduced exchange supply signals long-term confidence, but weak price action still clouds its outlook. Meanwhile, BlockDAG rapidly develops with its clearly outlined TGE strategy and forthcoming exchange listings, strengthening its market position.
