The cryptocurrency market continues to evolve dynamically. Ethena (ENA) and Internet Computer Protocol (ICP) demonstrate growth and stability, while the BlockDAG project attracts interest with its successful presale.
Ethena Aims for $1.18 After 260% Rise
Ethena (ENA) is trading just below the support level of $0.75 after rising from $0.25 to $0.80 since early July. This consolidation is key for attempts to reach $1.02 and $1.18 in the short term. Trading indicators are signaling positivity — the Relative Strength Index (RSI) is around 74, and the MACD shows a bullish crossover.
ICP Holds Support in Its Recovery
Internet Computer Protocol (ICP) has been trading within a narrow 5% range between $5.29 and $5.63 over the past day. Increased buying interest has been noted in the $5.32–$5.35 range, lifting prices from $5.37 to $5.52 on volumes nearly double the daily norm.
BlockDAG: $374.5M Raised and Live Network Demo
BlockDAG has secured $374.5 million in its presale, offering users accessible mining solutions. The demonstrations show that the project has an ecosystem ready for scaling. BlockDAG is also gaining visibility among a wider audience through partnerships with teams such as Seattle Seawolves and Seattle Orcas.
Ethena and ICP's positions illustrate their readiness for the next market phase; however, BlockDAG's approach of already attracting significant interest provides it with a structural advantage for a successful market entry.
