The crypto market in 2025 is drawing attention with various projects, yet not all hold the same significance for investors. Ethena, Toncoin, and BlockDAG emerge as noteworthy.
Mega Matrix Files $2 Billion for ENA
Mega Matrix, a company listed on the NYSE, has filed a $2 billion shelf registration with the SEC to fund a digital asset treasury centered on Ethena’s governance token, ENA. If approved, the firm can issue future securities to accumulate ENA, aiming to tap into governance and potential revenue.
Toncoin Shows Potential Volatility
Toncoin (TON) technical setup is flashing signals of volatility, with a symmetrical triangle pattern hinting at a potential 50% swing either upward toward $4.70 or downward near $1.60.
BlockDAG: Market Leader with $400 Million
BlockDAG presents a different story entirely, having raised $400 million, boasting 3 million mobile miners, and 312,000 holders, with a presale price still at $0.0013, it outshines speculative setups with undeniable adoption.
Thus, 2025 holds promising prospects for the crypto market, with standout projects Ethena, Toncoin, and BlockDAG each offering unique opportunities and risks for traders and investors.