This week, the crypto market has exhibited notable movements, particularly from Cardano and Uniswap. Both projects are showing solid results, while newcomer BlockDAG attracts attention with its record presale.
Cardano (ADA) Price Watch
Cardano is trading around $0.775, having fallen 5.6% in the last day, but is still up 3.83% from last week. The main focus is on the $0.83 resistance level, which has held back rallies for several months. Buyers have repeatedly tested this level, supported by a strong position at $0.70. The narrowing range between support and resistance has created a technical squeeze, with many watching for a clear breakout. Moving above $0.83 could pave the way to $1, while $2 remains a long-term target.
Uniswap (UNI) Update on Governance and Price Goals
Uniswap is currently priced at $11.24, up 0.6% over the last day and 14.24% over the past week. Part of this strength comes from the Uniswap Foundation's plan to adopt a Wyoming Decentralized Unincorporated Nonprofit Association structure. Projections suggest this could direct up to $90 million per month into the DAO treasury or to holders. Network activity remains high, with swaps making up 15% of Ethereum's gas usage during rising ETH trading volumes.
BlockDAG: Record Presale and Sports Partnerships
BlockDAG is demonstrating significant growth, having raised over $375 million in its presale. The project features a hybrid blockchain-DAG architecture that combines scalability with security. In addition to the technological aspects, BlockDAG is expanding its brand through official sports partnerships, including teams like Seattle Orcas and Seattle Seawolves. These deals enable the integration of Web3 elements such as fan tokens and interactive fan engagement, extending BlockDAG's reach beyond the crypto audience.
Currently, both Cardano and Uniswap show steady growth, but it is hard to overlook BlockDAG's broad approach. Both projects need to demonstrate key breakouts, while BlockDAG has already started to create its success story with record fundraising and real partnerships.
