The cryptocurrency market continues to change, with both well-known projects and newcomers coming to the forefront. In this overview, we will examine the current state of Ethereum and Pi Network, as well as the increasing attention towards BlockDAG.
The Situation with Pi Network
Pi Network (PI) continues to struggle, with its price remaining under pressure. After attempts to rise to $0.4000, the price fell again by 8% on Sunday and another 3% on Monday. Current trends indicate a possible test of the $0.3000 level, close to the August low of $0.3220.
Additionally, PiScan recorded 2.88 million PI leaving centralized exchanges within 24 hours, but this did not lead to an improvement. Daily trading volumes hovered between $50M and $100M since mid-August, reflecting weak buying interest.
Technical indicators also offer little optimism: the RSI has dropped to 43, signaling rising bearish sentiment.
Current Trends of Ethereum
Ethereum (ETH) remains the leading smart contract platform, yet recent fluctuations show mixed signals. Early September 2025 has ETH trading around $4,474, decreasing 5-8% over the week despite slight daily gains. Analysts expect ETH to hover between $4,200 and $4,500 in the short term, pressured by global market uncertainty.
However, long-term forecasts appear more optimistic. Projections for 2025 suggest a range from $2,904 to $4,887, driven by upcoming ETF opportunities and increasing DeFi interest.
BlockDAG Development
BlockDAG is drawing attention for its ability to execute planned initiatives. The project has already raised $403 million and is offering an entry price of $0.0013 per coin. With over 3 million users running the X1 app mining daily and 19,700 hardware units sold, BlockDAG is demonstrating real activity in its ecosystem.
The launch event in Singapore highlighted the active development of the project, contrasting with many others that only offer prospects. BlockDAG is building infrastructure and establishing itself as a significant market player.
The current situation in the cryptocurrency market reflects different levels of trend shifts between Ethereum, Pi Network, and BlockDAG. Ethereum continues to maintain its reputation, while Pi Network faces bearish pressure. Meanwhile, BlockDAG is moving forward confidently, demonstrating real results in its activities.
