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Binance-Backed BNB Holds Strong at $750 Amid Solana Rally and BlockDAG’s Rise

Binance-Backed BNB Holds Strong at $750 Amid Solana Rally and BlockDAG’s Rise

Published:
2025-08-11 02:12:32
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BNB maintains its stability around $750, supported by growing corporate treasury adoption, while solana experiences a 5% surge to $171, driven by notable whale activity. A significant $12 million SOL transfer from Binance to Kamino highlights long-term confidence in Solana, complemented by increasing retail demand. Spot netflow data further bolsters bullish sentiment, showing more SOL exiting exchanges than entering. Meanwhile, BlockDAG is capturing significant attention in the crypto space, emerging as a top contender among digital assets.

BNB Holds Steady at $750 as Solana Surges to $171; BlockDAG Emerges as Top Crypto Pick

BNB maintains its position near $750, buoyed by corporate treasury adoption, while Solana climbs 5% to $171 amid significant whale activity. A $12 million transfer of SOL from Binance to Kamino signals long-term confidence, with retail demand also on the rise. Spot netflow data shows more SOL leaving exchanges than entering, reinforcing bullish sentiment.

BlockDAG, however, dominates discussions with its presale momentum. Priced at $0.0016 and poised for a 17x rise on August 11, it has raised over $368 million and secured five exchange listings. Its ecosystem readiness and aggressive growth trajectory position it as the top crypto to watch in 2025.

Ethereum Nears $4,400 Resistance Amid Binance Inflows Warning

Ethereum surges past $4,000, marking a 180% rebound from May 2025 lows as bulls target $4,400. The rally faces a critical test at this historically stiff resistance zone.

Analyst CryptoOnChain flags diverging signals: While MACD and buying volume support upward momentum, Binance-specific data reveals accumulating sell pressure. Exchange Supply Ratio data suggests long-term holders continue withdrawing ETH from trading platforms—a typically bullish sign.

Ethena (ENA) Emerges as Top Altcoin Bet Amid USDe Skepticism and $10B TVL Milestone

Ethena's governance token ENA is drawing bullish analyst attention as the protocol crosses $10 billion in Total Value Locked, doubling its value in under a month. The synthetic dollar protocol generated $475 million in fees, with four of five conditions met to activate revenue distribution to ENA holders.

Concerns linger about USDe's stability mechanisms, with some comparing it to Terra's ill-fated UST. Yet USDe supply has doubled monthly, while protocol revenue ($43M) and reserves now meet governance thresholds. The final requirement - integration with a top-tier exchange like Binance - could trigger ENA's next growth phase.

Ethereum Tests $4,400 Resistance Amid Bullish On-Chain Signals and Overheated Leverage

Ethereum's rally from $2,400 to $4,400 faces a critical resistance test, a level historically triggering reversals. At $4,206, the market stands at a decisive inflection point. Long-term on-chain metrics lean bullish, with the all-exchange ESR declining since 2022—signaling reduced sell pressure and strong accumulation.

Binance data paints a contrasting short-term picture: rising ESR and inflows since early 2025 often precede selling. This divergence between macro strength and tactical caution suggests impending volatility. The daily chart shows ETH testing $4,400 with $4,000 support, while an RSI of 71 hints at overbought conditions. Fibonacci extensions point to $4,302 as immediate upside and $4,886 as the next target.

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