Ethena’s growing footprint in DeFi continues to build, recently placing it among the world’s top 10 protocols. Its synthetic asset model is attracting major liquidity, and the much-anticipated debut of Stablecoin X could push further capital into the network. The Ethena (ENA) market outlook is now largely connected to how quickly it can grow and adapt within a crowded DeFi space.
At the same time, the Cronos (CRO) price rally gains pace, bolstered by rising futures interest and deeper institutional integrations through Crypto.com’s enhanced custody services.
Meanwhile, BlockDAG’s miner demo has captivated crypto watchers. The viral showcase of its X1 and X10 miner setup proved a 10x rise in BDAG daily rewards. Backed by a 2.5 million-strong user base and over $359 million in presale funds, BlockDAG (BDAG) has locked in attention ahead of its GLOBAL LAUNCH release on August 11.
Ethena (ENA) market outlook looks increasingly promising as its total value locked has surged to around $7.72 billion, rising by 40% since July 1 and earning it a place in DeFi’s top 10 globally. Its synthetic dollar, USDe, represents nearly 73% of this TVL, signaling strong interest in decentralized yield-generation systems.
As TVL spikes, the ENA price has seen similar momentum, rising from nearly $0.25 to as high as $0.67 during the recent uptrend. This growth is supported by strong trading volume and positive technical signals. Anticipation around Stablecoin X is also adding to the optimism, as it aims to broaden collateral options and strengthen liquidity.
Momentum in Cronos (CRO) continues as it breaks above $0.145 after bouncing from a key support level near $0.136, marking a fresh high in the ongoing Cronos (CRO) price rally. This move followed Crypto.com’s strategic custody deal with Theta Network to manage 15 million THETA tokens, enhancing credibility for institutional partnerships.
Futures data also paints a bullish picture, with open interest in CRO derivatives climbing from $29.5 million on July 8 to over $49.3 million, hitting new records. Technicals point higher: RSI hovers around 77, beyond the overbought threshold, and MACD shows a continued bullish crossover. If support holds, there’s room to push toward $0.171.
Unlike projects still making promises, BlockDAG is already showing what’s possible. The recent X1 and X10 miner demonstration, which already occurred, showcased a powerful combination that boosted daily BDAG earnings from 20 to 200. This impressive leap not only proves the project’s mining efficiency but also highlights how accessible its tools are becoming for users. The X1 app now supports over 2.5 million active miners, proving wide adoption across the ecosystem.
This rising momentum flows into BlockDAG’s presale activity. More than $359 million has already been raised, with over 24.6 billion coins sold. The project has also delivered 2,660% gains to early participants since Batch 1. Currently in Batch 29, BDAG coins are being offered at just $0.0016 until August 11. With the launch price set at $0.05, this opens a rare window for up to 3,025% potential returns.
Scheduled for August 11, the GLOBAL LAUNCH release will unveil BlockDAG’s complete platform and development roadmap. While not the official launch, it will give the public its first full view of the project’s scale, tech architecture, and upcoming features. Between expanding mining tools, surging adoption, and a presale that continues to hit new milestones, BlockDAG firmly remains among the top crypto coins to watch ahead of 2025.
Ethena continues to strengthen its DeFi standing, with over $7.7 billion in TVL and growing anticipation for Stablecoin X enhancing the Ethena (ENA) market outlook. On another front, the Cronos (CRO) price rally remains strong as the coin advances past $0.14, riding high on bullish technicals, record open interest, and institutional custody integrations.
Still, among these crypto coins to watch, BlockDAG appears a clear standout. With more than $359 million in presale funds, 2.5 million X1 miners, and a time-limited $0.0016 price ahead of the August 11 GLOBAL LAUNCH release, the project continues to outperform expectations and position itself for major traction in the months ahead.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu