Cardano Whales Buy 100M ADA, AAVE Hits Resistance, and BlockDAG Adoption Surges as X1 App Hits 3M Users!

The crypto space continues to churn out attention-grabbing developments. Cardano has stirred interest again after whales accumulated 100 million ADA in just one day, drawing reactions from both retail and larger players.

Meanwhile, AAVE has seen a slight recovery from $272, but upward movement remains limited due to strong resistance overhead. In contrast, BlockDAG is showing a more consistent rise. With almost $400 million raised in its ongoing presale and currently priced at $0.00133, the project is advancing with solid backing.

Its X1 mobile miner now has 3 million users, a sign of widespread grassroots participation. Add in international sports partnerships and a scheduled Deployment Event in Singapore, and BlockDAG stands out for combining community growth, real-world engagement, and visibility, while other projects remain locked in short-term fluctuations.

Big Wallets Target Cardano Again

Fresh buying activity around Cardano is turning heads again. Over a span of 24 hours, large wallet holders scooped up a massive 100 million ADA, totaling roughly $88 million at a price of $0.88 per coin. These sizeable buys came from addresses holding between 10 million to 100 million ADA, even as smaller players exited with around 20 million ADA sold off at the same time.

This shift compressed sell-side pressure while flipping funding rates positive on major derivatives platforms. Historically, such accumulation signals bigger moves ahead, especially when large players enter during quiet phases.

Add in broader factors like ETF talks and regulatory developments, and there’s a case to be made for a bullish shift. Still, the broader outcome will depend on sustained market appetite. While the uptick in whale activity gives ADA some lift, it’s not an automatic signal for a breakout. But if the trend continues, Cardano could be setting up for its next big wave.

AAVE Stalls at Resistance

AAVE’s price is hovering near $287, recovering modestly from its dip to the $272 support level, which aligns with its 200-day EMA. Despite this bounce, the upside looks limited for now. The asset has been unable to push past its established ceiling between $300 and $335, a range that has denied rallies since June.

Momentum indicators haven’t fully flipped bullish either; RSI remains neutral in the mid-50s, hinting at hesitation. A decisive move past the $305–$315 trendline could shift sentiment, but without that, AAVE could stay stuck in the $250–$300 bracket or risk slipping back to $225 if bulls don’t show up.

Recent on-chain data revealed a net inflow of about $150,000 on August 20, offering some relief after days of outflows. AAVE’s fundamentals remain solid, total value locked is still around $37 billion, and its market cap is near $4.7 billion. However, price action continues to be dictated by technical resistance, not narrative potential.

BlockDAG’s Presale Hits Close to $400M Milestone

While ADA and AAVE navigate market indecision, BlockDAG is building massive traction ahead of its official debut. The project has now raised almost $400 million, progressing to the final stretch of presale with coins priced at $0.0013. That’s a 38x profit potential when compared to the launch price, with early backers seeing gains long before the coin even hits exchanges.

A major driver behind this surge? Three million users are mining through the X1 mobile app, already securing daily engagement. BlockDAG’s Proof-of-Engagement approach blends community participation with technical scalability, an edge few other networks can claim pre-launch. Meanwhile, hardware adoption via the X-series miners is accelerating ecosystem activity.

Beyond tech, visibility is growing fast. Global sports deals, like with the Seattle Orcas (cricket) and Seattle Seawolves (rugby), are helping BlockDAG break out of niche crypto circles. And next up is the BlockDAG Deployment Event this October, where the project will showcase its technology, community, and progress to a worldwide Web3 audience.

By tying this milestone to the presale price shift at $0.0013, BlockDAG has reinforced its focus on clarity and equal access. With momentum in both capital and community, BlockDAG isn’t riding the wave; it’s creating its own.

Final Thoughts

Cardano’s sharp spike in whale buying hints at confidence among bigger players, while AAVE’s recovery offers short-term intrigue, but both depend heavily on what markets do next. ADA still needs sustained interest, and AAVE must finally crack its stubborn resistance.

BlockDAG, on the other hand, has cleared those early hurdles. With almost $400 million raised, a $0.0013 limited time entry price until October 1, and 25.9 billion coins sold, the numbers speak for themselves.

Add to that its 3 million X1 miners, strong sports partnerships, upcoming Deployment Event, and BlockDAG is clearly building more than hype; it’s building momentum. For those watching the market, BlockDAG is showing what’s already happening: real traction, real users, and a clear roadmap to launch.