The crypto market is once again attracting investor attention thanks to strong price movements from various assets like Solana and Mantle, as well as the foundational offerings from BlockDAG.
Solana and the $190 Resistance Zone
Solana continues to rank among the top altcoins, trading at $182 and approaching the resistance zone of $185–$190. Market observers see this as an ascending triangle, a bullish pattern often preceding sharp rallies. A confirmed breakout could pave the way to $205, $225, and even $268, while a safety net for buyers sits at $165–$160.
Adding to the bullish signals, Solana's network recently hit over 107,000 transactions per second, highlighting its scalability. The number of large wallets holding 10,000+ SOL has also surged to new highs, indicating continued accumulation by major players.
However, not all signals are aligned; the Spent Output Profit Ratio (SOPR) sits below one, meaning many holders are transacting at slight losses, often a marker of consolidation. With mixed technical cues, Solana's breakout is possible but far from guaranteed.
Mantle: 35% Growth in a Week
Mantle has already made its breakout move. The project delivered a 35% climb over the past week, placing it among the strongest performers this month. MNT now trades at $1.37, continuing to ride an ascending parallel channel marked by higher highs and higher lows, which keeps bullish sentiment alive.
Technical indicators back this strength. The Chaikin Money Flow is at 0.08, pointing to strong buy-side activity, while the Super Trend shows dynamic support at $0.99. If demand continues, MNT could aim for $1.51, a level last touched in April 2024.
Still, risks remain. A drop below $1.26 would weaken momentum and could push the price down to $1.11. For now, Mantle's trend looks strong, but its sustainability will depend on broader market sentiment.
BlockDAG: Fundamental Insights Before Launch
While Solana and Mantle fuel excitement with price moves, BlockDAG is shaping its narrative by delivering infrastructure before going live. The project has raised $386M so far, with 25 billion coins sold at a Batch 30 price of $0.03, and an official launch set at $0.05. Early backers from Batch 1 are already sitting on gains of 2,900% compared to today’s presale stage.
A major highlight is the V4 Dashboard. Unlike standard presale trackers, it works like an exchange simulator, giving real-time BDAG price charts, instant buy/sell tracking, wallet insights, and referral leaderboards. This gamified experience adds transparency while making the presale engaging for participants.
This cycle shows how different projects capture attention in unique ways. Solana’s structure points to a possible breakout, but resistance still needs to be cleared. Mantle has already delivered a 35% run, though its ability to sustain momentum is uncertain. BlockDAG, on the other hand, is proving itself through concrete deliveries.
