BlockDAG (UNSD) Price Targets $400, PI Price Forecast Climbs, BlockDAG's Live Podcasts Reveal Real Progress

Solana's 60% price increase, boosted by hopes for spot ETF approval and a resurgence in meme coin activity, has reignited investor interest in Layer 1 platforms.

Solana (SOL) price technical analysis indicates a potential rise to $400 as traders discuss the cup and handle pattern and spot ETF implications.

At the same time, some analysts believe that the PI price forecast suggests a surge to $5 by May 2025, following a prediction by Dr. Altcoin.

Meanwhile, BlockDAG is garnering attention for its unique presale strategy, focusing on live podcasts to provide regular updates and engage buyers.

Solana (SOL) Price Targets $400 as ETF Odds Hit 70% & Meme Coins Drive Volume

The Solana (SOL) price has shot up from $94 to $150 in recent weeks, showcasing a 60% gain. This surge is largely attributed to the ongoing expectations of SEC approval for spot Solana ETFs. Several major institutions, including VanEck, 21Shares, and Grayscale, have submitted applications for Solana ETFs, with market estimates currently placing the chance of approval at 70%.

Analysts suggest that these ETFs could attract over $6 billion in funds during their first year. Moreover, a stifling of crypto derivatives products might further channel institutional money into ETFs, setting the stage for a substantial price rally in Solana.

In addition to ETF hopes, renewed interest in meme coins on the Solana network has contributed to its rise. The total market value of the Solana ecosystem has expanded from $6 billion to more than $10.6 billion. This growth is largely driven by the surging popularity of meme coins within the Solana ecosystem.

The expansion of the Solana ecosystem has also driven decentralized exchange activity. In the past week alone, the trading volume on Solana-based DEXs has surged by 31%, exceeding $20 billion.

Solana price is currently showing a cup and handle pattern on the 4H chart, which is a bullish technical setup that often signals a breakout to new highs. If Solana price breaks out of the handle resistance at $161, then it could continue to rise towards the next resistance level at $180. A move above $161 could also open the door for a move to $200, and from there, to $250.

Solana price is also trading above its 50-day SMA, which is another sign that the bulls are in control. If Solana price can close the weekly candle above $150, then it could set the stage for a continuation of the bull trend in the coming weeks and months.

PI Price Forecast Suggests Possible $5 Surge After May 14

The PI price forecast suggests a potential move to $5 by May 2025 from its current price near $0.61, according to Dr. Altcoin. This upward momentum might start around the Consensus Summit, taking place from May 14 to 16, 2025.

This view is further supported by speculation around a possible listing of the Pi Network token on the Huobi (HTX) exchange, following hints that featured the Pi Network logo and an email from the Pi Core Team to members on April 11.

Technical analysis shows short-term bearish pressure with the Relative Strength Index (RSI) slipping into oversold levels. However, history indicates that such conditions usually trigger strong price recoveries as investors seek to buy at lower prices. If Pi manages to rise above the $0.63 resistance, it may signal a positive reversal and lead to a 16% increase towards the next resistance at $0.73.

Moreover, the Pi Core Team has been actively acquiring over 48 million Pi coins on various exchanges, showcasing efforts to maintain price support from the lower levels.

Other upcoming developments include the Payrix KYB (Know Your Business) application approvals for those interested in joining the Pi Network and the rollout of decentralized applications, both of which could factor into the PI price forecast.

BlockDAG Uses Live Podcasts for Transparency in Presale as Integration Edges Near Completion

BlockDAG is taking a unique approach during its presale phase, focusing on consistent transparency through live podcasts, offering buyers a closer look at the project’s roadmap, the logic behind its development, and the team’s vision.

While most presale projects in 2024 rely heavily on sleek video editing and graphics to present updates, BlockDAG adopts a different tactic. Instead of focusing on aesthetic appeal, the project prioritizes offering a clear and accessible understanding of its progress.

These podcasts, which are regularly announced on Telegram, include real-time Q&As with the BlockDAG team and provide updates on various milestones. They also feature insights from BlockDAG’s developers and advisors, who share their expertise on the technical aspects of the project.

Newcomers to the BlockDAG community also get the opportunity to hear directly from the builders, enabling them to make informed decisions about their investment based on substance and knowledge.

These efforts are part of a broader strategy to engage