Bybit-Backed Mantle and BlockDAG’s Orcas Deal Drive Crypto Momentum

The cryptocurrency market is witnessing significant momentum driven by strategic partnerships and innovative expansions. Mantle (MNT) is gaining traction thanks to a collaboration with Bybit and strong on-chain activity, while Bitcoin Cash (BCH) experiences a surge in trading volume, reflecting growing investor interest. Meanwhile, BlockDAG is making waves with its entry into the cricket market through a partnership with the Seattle Orcas, leveraging NFTs and other digital assets to tap into the sport's massive fanbase. These developments highlight the dynamic and evolving nature of the crypto space as of August 2025.

Mantle Soars With ByBit, BCH Tests $600, BlockDAG’s Orcas Deal Stuns Market – Best Crypto Right Now

Momentum in the crypto market is being shaped by bold, targeted expansions. Mantle (MNT) gains traction through a strategic partnership and robust on-chain activity, while Bitcoin Cash (BCH) sees surging trading volume, signaling heightened market interest.

BlockDAG stands out with its entry into cricket’s billion-fan market via a partnership with the Seattle Orcas. Leveraging NFTs and interactive fan engagement tools, the project taps into a passionate global audience. A $375 million presale and strong growth metrics further solidify its position as a top contender.

Cricket’s massive reach, particularly in South Asia and the U.K., offers BlockDAG unparalleled exposure. Initiatives like game-day NFTs and exclusive content aim to convert fan enthusiasm into measurable blockchain adoption.

Altcoin Mantle Surges as Key Developments Fuel Demand

Mantle (MNT) has surged 16.06% in 24 hours, breaking past $1.30 and extending weekly gains to over 30%. This rally defies broader market weakness triggered by higher-than-expected US PPI data, which dragged Bitcoin below $118,000 and pressured major altcoins like ethereum and Solana.

The momentum began August 14th when Bybit EU announced its first MiCA-compliant launchpool featuring MNT staking. The exchange's 100,000 XION reward pool for MNT, XION, and USDC stakers marked a strategic push into regulated European markets. Demand intensified on August 16th with Bybit's 'Double Win' structured product for MNT holders and a partnership with crypto Content Creator Campus.