BlockDAG Pushes Toward $1, as SUI Surge & DOT Staking Boost

BlockDAG Targets $1 as SUI Trading Volume Soars & DOT’s Staking Deal Takes Shape

Crypto traders are tracking multiple developments this week. SUI’s trading volume continues its upward climb, driven by increased DeFi activity and growing user engagement. Meanwhile, Polkadot (DOT) is seeing a shift in its price outlook, largely thanks to a new institutional staking deal that could push DOT above its current price floor.

Amid these shifts, BlockDAG (BDAG) is standing out. The project has attracted attention with early-stage profits, but its focus extends beyond just price action. BlockDAG is building an ecosystem of developers and growing steadily through initiatives like global hackathons, grants, and a presale that has raised over $221.2 million. With eyes on the $1 target, BlockDAG is positioning itself for substantial long-term growth.

SUI Trading Volume Rises as DeFi Growth Fuels Momentum

SUI has been capturing trader interest as its trading volume hits new highs. On April 17, SUI’s trading volume reached 32 million coins, surpassing the seven-day average of 25 million. This surge was evident across multiple pairs, with SUI/BTC rising by 3% and SUI/USDT climbing by 7%, suggesting that the volume is coming from diverse sources, not just large orders.

On-chain data also revealed a 15% increase in active addresses, further highlighting that retail traders are joining the action alongside larger desks. At $3.57, SUI still has room to grow before the overbought signals begin to appear.

Polkadot’s New Staking Deal Signals a Path to $10

Recent discussions around a new partnership between Copper and P2P.org have sparked renewed interest in Polkadot (DOT). This deal combines staking and custody services, which could help DOT regain ground, with many now targeting the $10 mark.

The price of DOT is still hovering near $4.30, about 90% down from its all-time high. However, support at $3.54 has held strong since December. If the price manages to close above the 50-day moving average of $4.26, the $5.36 resistance level could come into play. Conversely, if the price fails to break through, support at $3.02 remains the backup level.

BlockDAG’s Clear Path to $1: Presale Success and Development Focus

BlockDAG (BDAG) is gaining attention as its presale reaches new milestones. Coins in presale batch 27 are priced at $0.0248, with over 19.3 billion coins sold and more than $221 million raised. Early participants are already seeing substantial gains, with a 2,380% increase. As BlockDAG continues to build its ecosystem, its focus on long-term development becomes more evident.

The project has garnered support from over 170,000 unique BDAG holders, supporting its vision for future growth. BlockDAG’s commitment to fostering innovation is reflected in its ongoing funding for decentralized applications (dApps), developer grants, and essential infrastructure. This dedication to growth benefits current holders and enhances the broader crypto community.

With the upcoming mainnet launch, BlockDAG’s roadmap sets its sights on a $1 price target by 2025. As the mainnet goes live, BDAG will be listed on major centralized exchanges, providing traders with greater access and liquidity.

This increase in exposure, combined with initiatives like global hackathons, the BlockDAG Academy, and security audits, strengthens the project’s foundation. BlockDAG’s focus on continual growth and development suggests that the $1 target is well within reach, making it a highly promising option for the future.

What’s Next for SUI, DOT, and BlockDAG in 2025?

This week, three projects stand out, each following a distinct path. SUI continues to attract attention with rising trading volume and DeFi interest, while a strategic institutional staking partnership buoys Polkadot’s future. BlockDAG, however, remains the most promising.

With over 170,000 holders, more than $221.2 million raised, and a presale still gaining momentum, BlockDAG’s development efforts through hackathons, grants, and the Academy are at the heart of its strategy. BlockDAG could very well be the next big crypto to reach $1, unlocking real value for its growing user base.