BlockDAG signs sports partnerships, SHIB rises, SOL sinks

See how BlockDAG’s deals with Seattle Seawolves and Orcas & $335m presale boost its outlook, as Solana price chart nears $120 and Shiba Inu price momentum strengthens.

The Solana price chart is currently under pressure, sitting near $147 and drawing cautious attention from both buyers and sellers. Analysts are watching closely for signs of a potential dip toward $120. Meanwhile, Shiba Inu price momentum has picked up following a massive increase in burn rate, boosting hopes for a turnaround.

While Solana and Shiba Inu battle on the charts, BlockDAG (BDAG) is making its move off the field and into sports. Through partnerships with the Seattle Seawolves and Seattle Orcas, BlockDAG is blending blockchain with fan culture, expanding its presence well beyond traditional crypto spaces.

With over $335 million already raised, 23.7 billion coins sold, and the price fixed at $0.0016 until the August 11 BDAG GLOBAL LAUNCH release, BlockDAG is creating interest from all directions.

Solana price chart faces bearish pressure near key levels

The Solana (SOL) price chart is holding just above $147, with technical analysis pointing to a possible downward move. A descending broadening wedge pattern has formed, leading some analysts to suggest that a fall to the $120–$125 range could happen if sell pressure grows. Short positions have now climbed to $78.42 million, significantly ahead of long positions.

Trading volume has decreased by nearly 50%, reflecting hesitation from market participants. Support is currently found at $141, and if it breaks, Solana may slide further. Resistance remains at $160, limiting upward potential unless volume returns.

Shiba Inu price momentum grows after spike in burn rate

Shiba Inu (SHIB) price momentum has increased after its burn rate soared by over 10,800% in just one day. In that time, more than 9.5 million SHIB were sent to inactive wallets, cutting down the circulating supply and signalling a community-driven effort to support price recovery.

Even though the number of burned tokens is small compared to the total supply, SHIB still posted a 3.66% price increase. Indicators like the RSI also suggest a move away from oversold conditions, although weak trading volumes reflect cautious sentiment and signal the need for stronger follow-through.

BlockDAG expands into sports as $0.0016 price draws buyers

BlockDAG is reaching new audiences by partnering with the Seattle Seawolves and Seattle Orcas, two well-known Major League Rugby teams. This initiative introduces blockchain to fans through NFTs, digital assets, and exclusive behind-the-scenes content, enhancing fan engagement and showing how web3 can connect with everyday experiences.

The focus of these partnerships goes beyond branding, emphasising authenticity, access, and interaction. This move reflects how blockchain tools can reshape traditional fan relationships and build meaningful digital bridges in sports.

Off the field, BlockDAG’s presale performance continues to impress. With over 23.7 billion BDAG coins sold and more than $335 million raised, the project is well past the halfway mark toward its $600 million goal. From batch 1 to batch 29, the coin price has surged by 2,660%, jumping from $0.001 to $0.0276. For now, the entry price is still set at $0.0016 until the BDAG GLOBAL LAUNCH release on August 11, which has kept buying activity high.

Analysts expect the project’s momentum to continue, with long-term projections pointing to a possible rise to $1. BlockDAG’s blend of thoughtful marketing, real-world partnerships, and community interest positions it as one of the bullish crypto coins for 2025. Its appeal now goes far beyond the crypto crowd, offering something relatable to new audiences.

The limited-time $0.0016 price adds urgency for those considering entry, especially with August 11 approaching. By combining real-world relevance and digital traction, BlockDAG presents a compelling model for future blockchain adoption.

Closing thoughts

The Solana price chart remains fragile, and a drop below key levels could send it lower. Traders will be watching closely for signs of either a rebound or continued weakness. Shiba Inu price momentum is rising, helped by a sharp burn rate increase and improving indicators, but the path ahead still requires sustained support.

BlockDAG, on the other hand, is expanding both its reach and impact. Through its involvement with Seattle’s rugby scene and a high-performing presale, it is proving that blockchain can integrate with everyday culture. With the presale price locked at $0.0016 and the BDAG GLOBAL LAUNCH release just weeks away, BlockDAG is gaining recognition as one of the most bullish crypto coins of 2025.

To learn more about BlockDAG, visit its presale, website, Telegram, and Discord.