September sees the cryptocurrency market marked by fluctuations and expectations. Shiba Inu and AAVE are facing difficulties, while BlockDAG demonstrates noticeable growth.
Decline in Shiba Inu Activity
Shiba Inu's price has fallen 43% in 2025, attributed to a sharp decline in network activity. Data indicates active addresses fell by more than 50% since May, now hovering around 3,000. This reflects reduced engagement, but some analysts believe a pattern could serve as a base for future recovery.
AAVE Holds Support at $312
AAVE is currently at $312.66, which acts as technical support after a slight dip. However, resistance between $316 and $318 has capped upward movement. Current metrics indicate short-term trends remain uncertain. A breakout above $318 may lead AAVE towards $330, while failing to hold $310 could see it drop to $298.
BlockDAG's Successes and Its Unique Strategy
BlockDAG demonstrates growth with a successful presale raising over $403 million. A unique $0.0013 entry price and referral bonus program attract attention. The upcoming Deployment Event in Singapore adds significance, highlighting BlockDAG's achievements and ongoing development.
In conclusion, the current situation in the cryptocurrency market shows that Shiba Inu and AAVE are facing volatility and technical hurdles, while BlockDAG is showing activity and community support. Analyzing these trends is crucial for understanding upcoming market movements.
