The cryptocurrency markets are becoming active again amid expectations of the next significant rally. The projects Ethena, Pi Coin, and BlockDAG attract investors' attention with various signals and potentials.
Ethena: Strengthening Position in DeFi
Ethena is showing growth after breaking past key resistance levels, with analysts now targeting the $0.50 mark. The increase in total value locked in the platform indicates growing confidence, influenced by demand for its synthetic stablecoin, USDe. This momentum positions Ethena as one of the more compelling DeFi projects currently.
Pi Coin: Speculation and Risks
Pi Coin is testing resistance near $0.66 after recovering from recent lows and a noticeable uptick in trading volume. Bulls are closely watching, with some projecting a possible rally to $1.20 or higher. However, concerns remain. Pi Coin's mainnet launch has been repeatedly delayed, and uncertainty surrounding KYC rollout has made it challenging to assess real progress. On-chain activity remains low, leaving questions about utility unanswered.
BlockDAG: Successful Presale and CertiK Verification
BlockDAG is rapidly becoming the most talked-about presale project of 2025. With over $299 million raised and 22.4 billion BDAG coins sold, it has secured its place as one of the largest and most successful presales in the market. Currently in Batch 29, BDAG is priced at $0.0276, with a confirmed listing price of $0.05. BlockDAG's technical credibility is reinforced by a full CertiK audit, assuring users and developers of its code's quality.
The landscape of the cryptocurrency market is actively evolving: Ethena is solidifying its position, Pi Coin generates speculation, and BlockDAG combines success with real results. These projects remain in the spotlight of investors as they prepare for the next major rally.
