The market is showing hesitation as key projects face delays. The Avalanche ETF remains stuck in review, keeping AVAX traders uncertain. Meanwhile, the Chainlink (LINK) price target has held firm at $22 after breaking resistance. Unlike these cases, BlockDAG is making progress on multiple fronts.
Mining rigs have started shipping, and over 2 million users are mining through the X1 app. BlockDAG (BDAG) has also raised more than $340 million during its presale. The price per BDAG stays at $0.0016 until August 11. While some projects are waiting for approval, others like BlockDAG are building steadily. This could be what defines the best crypto for 2025.
Avalanche ETF Still Pending as Regulatory Delay Continues
The SEC has postponed its decision on Grayscale’s Avalanche ETF proposal, adding new uncertainty to AVAX’s near-term outlook. If approved, this fund could provide a regulated entry point into Avalanche through traditional finance. However, the delay reflects broader regulatory hesitation.
Earlier delays on altcoin ETFs show the SEC’s concern with market stability and asset security. Approval of the Avalanche ETF may raise liquidity and interest, but for now, the path remains unclear. Grayscale’s efforts are ongoing, but the short-term effect is more caution for those watching AVAX. Until there’s more clarity, the Avalanche ETF remains under review.
LINK Holds Gains as $22 Price Target Stays in Focus
The Chainlink (LINK) price target stands at $22 after a breakout above its downtrend. Continued strength above $15 and a pattern of higher lows from $10.50 show improving structure.
The next key level is $17.40, seen by analysts as the spot that could push LINK toward the higher Chainlink (LINK) price target. Tools like the Awesome Oscillator and CMF show steady inflows and strong support. As long as price holds above the $15.00 to $15.40 range, the outlook remains solid, and the $22 target stays in view.
BlockDAG’s Internal Build Strategy Shows Real-Time Results
BlockDAG is not waiting for launch day to prove progress. Mining machines are already being delivered. The X1 mining app has crossed 2 million users. Hardware orders have reached $7.5 million in sales, with 18,563 units from the X series already bought by active participants.
So far, the presale has brought in over $340 million and released 23.9 billion BDAG coins. It is now in its final stages. The price is still set at $0.0016, but this will only last until August 11, when the GLOBAL LAUNCH release takes place. The public launch price is expected to be $0.05, which means the current entry level may offer a potential return of 3025 percent.
BlockDAG has moved beyond early concepts. It has become a working system with real user activity. While projects like AVAX and LINK deal with waiting periods, BlockDAG is distributing hardware, growing mobile mining, and managing one of the busiest presales of the year. Everything is built in-house, without outside systems or rented tech.
This is not just about coin ownership. It is about taking part in a system that is already rewarding active users, whether through mining, app use, or good timing. Machines are shipping now. And for those still deciding, this stage may not stay open for long.
Which is The Best Crypto for 2025?
Looking at the bigger picture, the Avalanche ETF delay highlights how long it can take for approvals to come through, often slowing progress. The Chainlink (LINK) price target of $22 shows strength, but only if the market continues to hold above key levels.
These projects come with conditions. BlockDAG does not. Its network already has over 200,000 holders, and more than 2 million users are mining through the X1 app. The presale has raised over $340 million.
The current BDAG price remains at $0.0016 until August 11. After that, pricing will increase with the GLOBAL LAUNCH release. The difference lies in execution. While the Avalanche ETF and Chainlink (LINK) price target depend on outside approval or market direction, BlockDAG is already building and delivering results. Those searching for the best crypto for 2025 may not get another entry point like this once this stage ends.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
The post BlockDAG Ships Miners and Raises $340M While LINK Stalls at $22 and AVAX ETF Faces Delay appeared first on CoinoMedia.
