SPX’s Volatility & ETH’s All-Time High Take Backseat to BlockDAG’s $385M Presale Sprinting Toward Record $600M

by Samantha McLauren

The crypto market has once again shown how quickly momentum can shift. This week delivered sharp moves that reminded traders just how fast fortunes can change in real time.

SPX6900 (SPX) surged by 12%, capturing attention before sharp reversals set in as buyers and sellers battled for control. Ethereum also made headlines by climbing to a new all-time high of $4,956, fueling renewed optimism and pushing analysts to issue bullish Ethereum (ETH) price predictions.

Yet the story gaining the most traction is not tied to price charts. BlockDAG (BDAG) has already raised $385 million in its presale, moving past the halfway point toward its $600 million goal. With scalability, speed, and global partnerships backing its rise, it has become a contender for the top crypto to buy today.

SPX6900 Price Faces Retail Support but Whale Pressure

SPX6900 (SPX) climbed 12.38% to $1.51 before retreating to $1.39, creating a volatile trading week. Daily activity surged as volume jumped 124.9% to $83 million, pushing its market cap to $1.4 billion. The dip near $1.2 attracted retail buyers who stepped in quickly, fueling short bursts of upward pressure.

Yet large holders shifted in the opposite direction. Whales offloaded more than 1.16 million tokens, cutting their positions while derivatives data turned cautious. Shorts began outpacing longs, and momentum signals such as RSI and MACD weakened, hinting that SPX could test $1.21 unless sentiment improves enough for a fresh attempt at $1.5 and beyond.

Ethereum Price Prediction Hints at $5,500 Target

Ethereum (ETH) touched a new peak of $4,956 before slipping slightly, finding resistance near $4,948, which aligns with a critical Fibonacci marker. A firm close above this threshold could set the stage for a move toward $5,500, a key psychological target closely watched by traders.

On the other side, support rests at $4,610, with any drop below raising risks of a slide toward $4,400. Despite near-term corrections, on-chain activity reveals strong accumulation from large holders. Momentum has been building since ETH held $4,550 and broke above $4,650 and $4,720, signaling that bullish sentiment remains in play.

BlockDAG Nears $600M as Tech and Global Reach Drive Growth

BlockDAG is rewriting records in real time, with its presale now raising $385 million and placing it firmly on track toward the $600 million milestone. This makes it the most successful raise in the last seven years, proof that enthusiasm is grounded in more than just market hype. The numbers show a community responding to technology and adoption that stand out in a crowded field.

At the foundation of its rise is a Directed Acyclic Graph combined with Proof of Work, a structure that allows the network to process more than 15,000 transactions per second. This architecture ensures both speed and functionality, enabling instant payments and advanced smart contracts on the same chain. While many networks compromise between throughput and utility, BlockDAG offers both, aligning with what users and developers demand.

The project is also building recognition through major sports partnerships. Inter Milan elevated BlockDAG in Europe, while its U.S. alliances with the Seattle Seawolves and Seattle Orcas showcase how blockchain can enhance fan engagement. From digital collectibles to unique tokens and exclusive access, these initiatives connect people to teams in ways that extend far beyond game day.

Currently, Batch 30 is live at $0.03, with a confirmed launch price of $0.05. At the pace funding is climbing, analysts believe the $600 million goal could arrive far sooner than expected, turning BlockDAG into one of the defining presale events in crypto history.

Moving Ahead

The SPX6900 surge highlighted how quickly market sentiment can shift, with a sharp jump followed by whale profit-taking while smaller buyers stayed active. Ethereum continues to command attention, with analysts eyeing $5,500 as the next target and $4,610 as a critical support level, keeping it firmly positioned among the most bullish cryptos to watch.

For those searching beyond short-term moves, BlockDAG stands out as the top crypto to buy. With a presale price of $0.03 against a confirmed launch price of $0.05, the returns are substantial. BlockDAG boasts a 2,900% ROI from batch 1 to batch 30, when the price increased from $0.001 to $0.30. More than half of its $600 million goal has already been secured, and momentum suggests this window will not stay open for long.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu