ENA Eyes $1.18, ICP Holds, BlockDAG Hits $374M!

Ethena Pushes Toward $1.18, ICP Finds Buyers, BlockDAG’s 20 Exchange Listings and Miner Network Attract Traders!

The contest for top crypto coins is getting more intense, with notable developments from Ethena (ENA), Internet Computer Protocol (ICP), and BlockDAG (BDAG). ENA is aiming for a move toward $1.18 after climbing 260% since July, while ICP is showing signs of recovery after a turbulent phase.

However, BlockDAG is attracting the most attention ahead of its market debut. The project has already gathered $374 million at its Batch 29 price of $0.0276, showcasing both its X1 mobile miner and X10 hardware miner in live demos.

With over 2.5 million mobile miners engaged and 20 exchange listings ready, the groundwork for adoption is already in place. Let’s break down where ENA, ICP, and BDAG stand now and why one appears set for the strongest opening move.

ENA Builds Support for $1.18 Push

Ethena is trading steadily near $0.75 after surging from $0.25 to $0.80, a 260% rise since early July. Analysts identify this zone as crucial for maintaining upward momentum toward $1.02 and $1.18, with a possible extension to $1.50 if resistance at $0.87 and $1.00 can be breached. Bullish indicators are in play, including an RSI around 74, a MACD bullish crossover, and a golden cross between the 50-day and 200-day EMAs.

Fundamentals remain strong, with TVL above $10.5B and its USDe stablecoin ranking as the third-largest by market cap. Large holders now control about 30% of circulating ENA, and trading volume is consistently above $3.9B daily. Cross-chain expansion through LayerZero has taken USDe to 23 blockchains, processing $743M in weekly transactions.

With upcoming tokenomics changes, including a “fee switch” designed to reward holders, ENA could test $1.18 in the near term if current support holds. Still, market volatility linked to exchange flows could influence short-term movement.

Internet Computer Shows Signs of Accumulation

Internet Computer Protocol spent the last 24 hours fluctuating within a tight 5% range between $5.29 and $5.63. Buying activity concentrated in the $5.32–$5.35 range helped spark a midday rebound, lifting prices from $5.37 to $5.52 on heightened volume of 976,480 units, almost twice the usual daily figure.

Earlier in the session, sellers pushed prices to $5.29 before renewed interest at support levels steadied the market. Gains stalled at $5.63, leading to a brief slip below $5.48 before stabilizing again near $5.43.

Technical markers point to $5.32–$5.35 as a solid support base, while $5.63 remains the key barrier to break. The pattern of rebounds from this range hints at accumulation, suggesting a potential recovery phase if momentum can clear the upper limit. Until that happens, movement may remain range-bound with bullish bias.

Why BlockDAG’s Pre-Launch Execution Stands Out!

BlockDAG continues to set a high bar before launch, with $374 million raised, a Batch 29 price of $0.0276, and a confirmed launch value of $0.05. This spread presents a defined opportunity window ahead of its debut.

Its recent public showcase of the X1 mobile miner app and X10 plug-and-play hardware miner added weight to its readiness. The X1 app, already in use by over 2.5 million people, allows mining via smartphone without expensive rigs. Meanwhile, the X10 delivers up to 200 BDAG daily and connects through Bluetooth, Wi-Fi, or Ethernet, catering to both entry-level and advanced miners.

Global visibility is also being driven by official sports partnerships with the Seattle Seawolves and Seattle Orcas. These deals bring fan tokens, NFT-backed match experiences, exclusive content, and in-venue engagement, pushing blockchain into new mainstream arenas.

With 20 confirmed exchange listings in place for immediate liquidity, BlockDAG enters launch with infrastructure, community, and brand presence already secured. While many projects build momentum after launch, BDAG is front-loading adoption channels, positioning itself for strong early performance.

Looking Ahead

Ethena’s chart suggests a possible climb toward $1.18, backed by rising adoption metrics, while ICP’s steady defense of key support hints at a potential breakout if resistance can be surpassed.

BlockDAG stands out for its pre-launch execution, combining $374M in secured funding, a vast mining base, working hardware and software miners, global sports marketing, and confirmed exchange listings. Its ecosystem is already functional before trading begins, setting the stage for a powerful entry into the market.

For those tracking top crypto coins, ENA and ICP have solid momentum, but BDAG’s readiness and reach put it in a category of its own ahead of launch.