BlockDAG Unlocks NFT Tools as BNB Eyes Surge and Solana Faces $13M Selloff: BDAG’s Record Presale Surges Past $272M!

Chart patterns often shape market sentiment as much as actual price moves. Binance Coin (BNB) is forming a classic cup and handle, suggesting the potential for a breakout toward $1,100.

Binance Coin (BNB) is showing promising technical signals with the emergence of a cup and handle formation, often seen before major upward moves. This structure, made up of a rounded cup and a brief consolidation handle, is considered a reliable bullish indicator.

As Binance Coin price action continues to shape market sentiment, key resistance levels are coming into focus. A confirmed breakout above $740 and the psychological $1,000 barrier could launch Binance Coin toward a $1,100 price target, according to analysts at TradingView.

On the other hand, Solana (SOL) is encountering some bearish pressure. Over $13 million in long positions were liquidated on Wednesday, leading to a sharp 5.05% decline in price.

Solana price is now trading at $171.84, recently failing to break above the $180 level. The imbalance between longs and shorts has widened, and trading volume has dropped by over 27% to $3.98 billion, reflecting a more cautious tone among traders.

Despite this, there was significant activity from whales, with $3.53 million in SOL being staked. However, the broader sentiment remains somewhat bearish. The Relative Strength Index (RSI) has cooled to 61.87, showing reduced momentum.

Unless Solana can reclaim the $193 resistance and inflows improve, the bearish trend may persist.

While these tokens are engaging in typical market trends, BlockDAG (BDAG) is taking a different path by prioritizing real utility. Its live testnet has now enabled NFT minting, offering developers and creators a practical tool well before its mainnet debut.

BlockDAG Presale Surges Past $272M as Its Live Testnet Introduces NFT Minting

BlockDAG has officially integrated NFT minting functionality into its live testnet, unlocking new possibilities for creators to build and experiment in a fully functional, real-time environment.

This major update provides a significant advantage for artists, game developers, and digital brands who wish to prepare their NFT collections and smart contracts. By enabling direct testing on-chain, it ensures a smoother deployment and stronger performance once projects are ready for mainnet release.

Moreover, the integration of Ethereum-based tools makes it easy to use. Users can mint NFTs through MetaMask and write contracts using Solidity, catering to a wide range of creators and developers.

The framework is designed for low-latency and cost-effective operation, particularly appealing to those seeking alternatives to expensive and congested platforms.

As crypto NFT demand continues to grow, this capability from BlockDAG provides a timely and valuable addition to its ecosystem.

With over $272 million raised and 21.3 billion coins already sold, the BlockDAG presale is progressing rapidly in batch 28. The listed batch price is $0.262, but early adopters can still gain access at just $0.0020 until June 13, presenting a substantial opportunity to lock in considerable upside.

Those interested in learning more about BlockDAG can visit the links below.

BlockDAG Presale: https://purchase.blockdag.network

BlockDAG Website: https://blockdag.network

BlockDAG Telegram: https://t.me/blockDAGnetworkOfficial

BlockDAG Discord: https://discord.gg/Q7BxghMVyu

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