BlockDAG’s Ecosystem Grows With 4,500+ Developers Onboard! SPX6900 Pulls Back From ATH & Cosmos B...

This week’s crypto activity has kept traders on alert, with major moves marking contrasting outcomes. SPX6900 (SPX) made headlines by reaching a record high, sparking a bullish tone across futures markets before seeing a slight cooldown. Meanwhile, Cosmos continues to struggle, despite major ecosystem developments. The Cosmos (ATOM) price drop is making headlines as resistance levels persist and sharp price swings continue.

On a different note, BlockDAG (BDAG) is shifting expectations in the crypto space by delivering its complete ecosystem before going live on exchanges. With its presale total now exceeding $359 million and more than 24.6 billion BDAG coins sold, market interest continues to rise. Given predictions that BDAG may rise toward $1, BlockDAG is gaining recognition among the most bullish altcoins of the season.

SPX6900 (SPX) Price Forecast: Is There More Room to Run?

SPX6900 surged to a new peak of $2.27 earlier this week, supported by increased futures interest and strong buying momentum. Open interest climbed by 18%, and the trading volume also doubled, suggesting increased confidence and leveraged positions. Funding rates are still in the positive zone, and a Long/Short Ratio of 1.08 hints at continued optimism in the SPX6900 (SPX) price forecast.

However, recent movements show early participants locking in profits. Consecutive days of net inflow and a drop in SPX's Stock-to-Flow Ratio from 7,200 to 77 reflect a potential sell-off trend. Should the bullish strength weaken, the price could revisit the $1.93 support. But if current sentiment sustains, SPX may aim for a breakout above $2.27, possibly targeting $2.50 next.

Cosmos (ATOM) Price Drop Extends Despite Ecosystem Growth

Cosmos (ATOM) fell by 10.97% over the last seven days, settling at $4.66, weighed down by strong selling forces that have stalled recovery attempts. Even with the launch of ShadeX, Cosmos' first encrypted money market, and surpassing 100 live chains via MapOfZones, the upward move failed to gain traction.

The Cosmos (ATOM) price drop unfolded as it struggled to clear the $4.95 resistance, with volatility spiking to 7.58% during the same period. Despite a push back toward $4.77, ATOM couldn't hold gains. Current support lies near $4.56, a level that could be tested again if pressure continues. Unless Cosmos breaks above its key resistance, bearish conditions may linger.

BlockDAG Attracts 4,500+ Developers With Complete Ecosystem

Rather than taking the conventional route of launching a coin and building afterward, BlockDAG has introduced its full utility tools before hitting exchanges. Its mobile mining app, X1, is already up and running, and the Beta Testnet has gone live with real utility. This testnet now includes smart contract functionality, improved verification features, faster processing, and seamless compatibility with major cryptocurrencies.

BlockDAG’s design supports parallel processing using a DAG-based Proof-of-Work mechanism, letting developers stress-test applications in practical conditions. The toolkit provided includes BDAGScan for monitoring blocks in real-time, Primordial IDE for contract development, and an easy-to-use launchpad for DApps. CertiK and Halborn have successfully completed audits, adding further confidence in BlockDAG’s infrastructure.

With more than 4,500 developers actively building over 300 different projects across sectors like AI, real-world apps, and DeFi, BlockDAG’s early adoption is already evident. The ongoing presale reflects this traction, with more than $359 million raised and 24.6 billion BDAG coins already purchased. Batch 29 is active, priced at $0.0016, and remains open only until August 11th.

This price offers a solid entry before the official listing at $0.05, representing a 3,025% return. Notably, early participants have already experienced a 2,660% increase in value since Batch 1. With forecasts suggesting a climb to $1 and long-term projections up to $20 by 2027, BlockDAG ranks high among the most bullish altcoin contenders this year.

Final Say!

Futures indicators still lean positive for SPX6900 (SPX) despite early gains prompting some to lock in profits. Meanwhile, the Cosmos (ATOM) price drop continues to challenge buyer sentiment even after key technical achievements, and recovery remains uncertain.

Among the most bullish altcoins shaping up for 2025, BlockDAG easily leads. Over 4,500 developers are already engaged across more than 300 projects. The current $0.0016 price in Batch 29, open until August 11th, still gives buyers a chance for a 3,025% ROI on launch. With predictions targeting $1 shortly after listing, the potential for 10x growth or more has many rushing to secure their BDAG coins before the presale window closes.

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