NewsCryptoBlockDAG Reaches Milestone With 10B Tokens Staked and Claims Live, While Uniswap and Dogecoin Test Key Technical Levels

BlockDAG Reaches Milestone With 10B Tokens Staked and Claims Live, While Uniswap and Dogecoin Test Key Technical Levels

Author: Coindoo·

Key Takeaways

  • Uniswap rose approximately 6.5% to near $4.02, approaching the $4.10 resistance level as its v4 fee switch deploys across multiple blockchains.
  • Dogecoin is testing a pivotal support zone between $0.068 and $0.070, with spot funds recording their first net institutional inflows since June.
  • BlockDAG has activated claiming and staking functionality, with its mainnet supporting up to 7,000 transactions per second and approximately 10 billion BDAG tokens committed by holders.
  • BlockDAG launched a time-limited 72-hour campaign offering BDAG at $0.000000017 with a 22% Live Swap discount and $1,000 in Exchange Credit under stated conditions.
BlockDAG Reaches Milestone With 10B Tokens Staked and Claims Live, While Uniswap and Dogecoin Test Key Technical Levels

Ongoing protocol developments across the cryptocurrency sector are bringing several important technical levels back into focus. Uniswap (UNI) recently rose approximately 6.5% toward $4.02, approaching a notable resistance level around $4.10. Meanwhile, Dogecoin (DOGE) is testing a critical support zone between $0.068 and $0.070, with any near-term recovery dependent on holding that range before targeting higher levels at $0.076 and $0.086.

Separately, BlockDAG (BDAG) has entered a new operational phase with claiming and staking now live. The project's mainnet reportedly supports speeds of up to 7,000 transactions per second, and holders have committed close to 10 billion BDAG tokens to staking. A limited 72-hour campaign offers BDAG at $0.000000017 under the project's stated terms, alongside $1,000 in Exchange Credit under campaign conditions.

Uniswap Nears $4.10 Resistance After 6.5% Rally

Uniswap (UNI) climbed roughly 6.5% to approach $4.02 following a strong intraday move. The advance pushed UNI above key moving averages, supported by elevated trading volume and positive developments tied to network expansion on Base, Coinbase's Ethereum layer-2 scaling network.

The concurrent rollout of the Uniswap v4 fee switch across multiple blockchains has drawn additional market attention. The fee switch is notable because it enables a portion of protocol trading fees to be directed to UNI token holders, a feature the Uniswap community has debated through governance proposals for years. Although indicators reflect steady buying pressure, short-term technical signals suggest the upward momentum may moderate, with a potential sideways phase ahead.

Market observers anticipate UNI trading within a range of $4.00 to $4.21 in the near term. Without a decisive break above the $4.10 resistance level, minor pullbacks remain possible as momentum eases.

Dogecoin Tests Long-Term Support Trendline

Dogecoin (DOGE) is currently testing a long-term support trendline situated between $0.068 and $0.070 — a zone considered pivotal for any short-term price recovery. Sustaining levels above this range is viewed as a prerequisite for a potential rebound toward $0.076 and subsequently $0.086.

Signs of renewed institutional interest have also emerged, with spot Dogecoin funds recording their first net inflows since June. Institutional flows into spot crypto investment products have been a broader market theme in 2024, and Dogecoin's inclusion in that trend marks a shift for an asset originally created as a novelty. Over a longer horizon, some analysts have referenced potential targets above $2.82 based on historical Fibonacci retracement levels, a technical analysis tool that uses ratios derived from the Fibonacci sequence to identify potential support and resistance points. Such projections would require breaking through multiple resistance zones.

For the nearer term, traders are monitoring the $0.068–$0.070 support closely. A move back above $0.10 is widely seen as necessary before any extended upward trajectory becomes plausible.

BlockDAG Activates Claims and Staking With 72-Hour Campaign

BlockDAG has officially activated its claiming and staking functionality, marking a new development phase following months of buildout. BlockDAG uses a directed acyclic graph architecture, an alternative to traditional linear blockchain structures that aims to process transactions in parallel rather than sequentially, potentially enabling higher throughput. Batches 1 through 6 are currently being processed, and Batch 7 — covering purchases made up to July 19 — is also open.

To commemorate the milestone, BlockDAG launched a time-limited 72-hour offering. During this window, BDAG is priced at $0.000000017 under the project's stated terms, with a $0.025 BuyBack value under the project's stated conditions. Live Swap provides a 22% discount relative to the CoinMarketCap rate, according to the project. Participants also receive $1,000 in Exchange Credit ahead of the forthcoming BlockDAG Exchange launch, under campaign conditions.

The broader ecosystem continues to expand. BlockDAG's casino and sportsbook platform has processed over $200 million in total wagers to date, reflecting growing user engagement. Additionally, the release of BDAG AI reportedly contributed nearly $500 million to the project's overall valuation, signaling continued development across multiple product areas.

On the technical front, BlockDAG's mainnet supports up to 7,000 transactions per second, while staking participation has reached approximately 10 billion BDAG committed by holders.

Outlook Across All Three Projects

Uniswap faces resistance near $4.10 despite its recent 6.5% gain and the ongoing deployment of v4 upgrades. Dogecoin's near-term trajectory hinges on maintaining the $0.068 support level, with modest institutional inflows lending some support to a possible advance toward $0.10.

BlockDAG presents a different profile. With Batches 1 through 6 processing and Batch 7 open, the project is running a 72-hour campaign that includes a $0.000000017 entry price under stated terms, a 22% Live Swap discount, and $1,000 in Exchange Credit under campaign conditions. Combined with $200 million in platform wagers, approximately $500 million attributed to BDAG AI, mainnet throughput of 7,000 TPS, and roughly 10 billion coins staked, the project continues to attract attention in current market discussions.

Future outcomes for all three projects will depend on factors including eligibility, execution, liquidity conditions, adoption rates, broader market dynamics, and the ability to fulfill stated roadmaps and program terms.

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