BlockDAG Presale Surges Ahead as Chainlink and Cardano Struggle for Market Confidence

BlockDAG’s Nearly $200M Presale Is Outpacing Chainlink & Cardano—Buyers Eye February 20 AMA for More!

Trust and transparency often separate short-term hype from lasting success in blockchain projects. BlockDAG has exemplified this by actively engaging its community through consistent AMA sessions, fueling a nearly $200 million presale with over 140,000 holders. Meanwhile, Chainlink maintains a steady climb as network activity grows, and Cardano whales make bold moves with a $136 million ADA acquisition.

However, while these projects focus on adoption and accumulation, BlockDAG’s approach to open communication and strategic execution has positioned it ahead. With its next AMA on February 20, holders anticipate further insights into its roadmap, reinforcing its lead in the market.

BlockDAG’s commitment to transparency and community engagement has fueled its remarkable ascent, with nearly $200 million raised in its presale and over 18.5 billion BDAG coins sold. Notably, the project’s series of AMA sessions has played a key role in shaping buyer confidence, delivering crucial insights into its roadmap, technology, and expansion strategies.

Since its first AMA in July 2024, BlockDAG has consistently addressed buyers’ concerns while unveiling major developments, from the X1 Miner launch to the successful testnet debut in September. As a result, these sessions have kept the community informed and engaged, reinforcing trust in the project’s vision. By the second AMA in October, BlockDAG’s presale had gained momentum, reaching tens of thousands of holders and securing major partnerships.

Now, with batch 27 priced at $0.0248 and an ROI of 2,340% since batch 1, BlockDAG is preparing for its next milestone—the highly anticipated February 20 AMA. During this session, more details are expected to be unveiled regarding upcoming developments, including the next phase of its mainnet and further ecosystem expansion.

With that in mind, BlockDAG has demonstrated that consistent communication and strategic execution drive results, boasting over 140,000 holders. As the countdown begins for the next AMA, holders and industry watchers alike are eager to see what’s next for one of the most closely followed blockchain projects.

Chainlink (LINK) is holding firm above the $18 support level, a crucial threshold that has historically acted as both support and resistance. This stability suggests strong buyer interest and potential accumulation, with LINK currently trading at $19.39, reflecting a modest increase of 0.01892%.

Furthermore, the number of active monthly users has surged from around 5,000 in early January 2025 to nearly 15,000 by February 2025, highlighting growing engagement with the network. Since increased user activity often correlates with heightened demand, this trend could potentially drive prices higher.

If LINK maintains support above $18, a rally toward the $34 resistance zone could be on the horizon, aligning with past peaks. Conversely, a failure to sustain this level may lead to a decline, potentially testing the $9.32 support area.

Overall, with solid support, increased adoption, and favorable technical indicators, Chainlink is positioned for upward movement, provided that market conditions and investor sentiment remain supportive of sustained growth.

Amid recent market downturns, large-scale Cardano investors, known as whales, have seized the opportunity to bolster their holdings. Specifically, addresses containing between 10 million and 100 million ADA have collectively acquired over 170 million ADA, equating to nearly $136 million, within a mere five-day span. This move clearly reflects a strong belief in Cardano’s potential for recovery and growth.

Despite this optimistic activity, technical indicators such as the Ichimoku Cloud suggest that ADA may encounter resistance in the near term. Currently, the cloud and baseline position above the candlesticks, indicate possible hurdles ahead. To advance further, ADA must surpass the $0.85 resistance level and establish it as a new support. If successful, this could pave the way for ADA to target the $1.00 threshold, a milestone not reached in several weeks.

However, failure to overcome this barrier might result in a retest of the $0.77 support level, potentially leading to further declines if breached.

Market activity across BlockDAG, Chainlink, and Cardano highlights the importance of buyers’ confidence in long-term growth. While Chainlink benefits from rising network engagement and Cardano whales increase their holdings, BlockDAG continues to stand out with its transparent approach and strong community engagement.

Its consistent AMA sessions have not only driven a nearly $200 million presale but also strengthened trust among its 140,000 holders. With the next AMA set for February 20, BlockDAG remains at the forefront, offering buyers a clear vision and structured roadmap—elements that many projects struggle to maintain in an ever-changing market.

• Website: https://blockdag.network
• Presale: https://purchase.blockdag.network
• Telegram: https://t.me/blockDAGnetworkOfficial
• Discord: https://discord.gg/Q7BxghMVyu

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

The post BlockDAG Presale Surges Ahead as Chainlink and Cardano Struggle for Market Confidence appeared first on The Merkle News.