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2025-04-21 17:00:00

ETH’s $2k breakout? Stellar builds RWA buzz while BlockDAG’s AMA shows it’s already miles ahead

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Stellar eyes $0.29 breakout, Ethereum tests resistance, and BlockDAG’s AMA unveils smart contracts, staking, and NFTs live on Testnet. Table of Contents Ascending triangle signals potential surge for Stellar ETH technical analysis: Chart patterns signal potential upside BlockDAG Beta Testnet hits milestone with live smart contracts, NFT minting Breakouts, fundamentals, and functionality When charts meet chain utility, not all bullish signals carry the same weight. Stellar ( XLM ) is capturing short-term attention with its ascending triangle formation, hinting at a potential move toward $0.29. Ethereum ( ETH ), on the other hand, is testing major resistance zones with traders eyeing a broader technical breakout. But while price patterns dominate their narratives, BlockDAG is stepping beyond speculation. With a fully functional Beta Testnet supporting live smart contracts, staking, and NFT minting, its progress isn’t just on paper, it’s visible on-chain. Against a backdrop of delayed rollouts elsewhere, BlockDAG’s real-time infrastructure sets a different tone. Ascending triangle signals potential surge for Stellar Stellar is currently exhibiting a bullish pattern, forming an ascending triangle on the 4-hour chart. This technical formation suggests a potential breakout, with analysts eyeing a short-term target of $0.29. In particular, a successful breach above the descending channel could trigger an 18% rally toward this resistance level. Meanwhile, beyond the charts, Stellar’s fundamentals bolster this optimistic outlook. Specifically, the network’s strategic push into real-world asset (RWA) tokenization, supported by partnerships with Franklin Templeton and Ondo Finance, aims to bring $3 billion worth of tokenized assets on-chain. As a result, this initiative enhances Stellar’s appeal to institutional investors and strengthens its market position. Admittedly, while short-term momentum may appear subdued, the convergence of technical indicators and strategic developments suggests that Stellar is poised for a significant move. Consequently, traders and investors are closely monitoring the $0.29 level, as a decisive breakout could pave the way for further gains. ETH technical analysis: Chart patterns signal potential upside Ethereum is currently exhibiting signs of a potential bullish breakout, as identified by several analysts. At present, the crypto is trading within an ascending triangle pattern on the weekly chart, a formation that often precedes upward price movements. According to the analysis, Titan of Crypto suggests that ETH may test the upper boundary of this triangle, potentially reaching the $3,600 level. In the near term, ETH has surpassed the $1,550–$1,600 support zone and is approaching the $1,670 resistance level. If this continues, a decisive close above this threshold could pave the way for a rally toward $2,000. Nonetheless, caution is warranted, as on-chain data indicates that over 368,000 ETH have been transferred to exchanges since the beginning of the month, a move that could exert downward pressure on the price. All things considered, despite these mixed signals, the overall technical outlook for Ethereum suggests that a significant price movement may be on the horizon. Therefore, traders and investors should closely monitor these key levels to assess the strength and direction of ETH’s next move. You might also like: DOT eyes recovery, Bitget updates burn model; BlockDAG’s 10 CEX listings, $1 forecast takes over market BlockDAG Beta Testnet hits milestone with live smart contracts, NFT minting BlockDAG has officially crossed a major milestone with the launch of its Beta Testnet, now fully supporting EVM-compatible smart contracts, MetaMask integration, token burning, staking features, and NFT minting. Unlike many projects, BlockDAG isn’t all talk. Instead, the project has demonstrated live utility, offering users a working Blockchain Explorer to track real-time transactions and contract activity directly on-chain. Moreover, the latest AMA session delivered a refreshing dose of transparency: testers are already deploying ERC-20s, minting NFTs, and staking BDAG tokens, proving the chain’s infrastructure is not theoretical; it’s live. In addition, a Smart Contract Wizard is also on the way, making it simple for non-coders to deploy dApps. With this in mind, BlockDAG is positioning itself among the top crypto projects pushing for actual on-chain performance at scale. Simultaneously, all of this comes while the presale continues to build momentum. So far, BlockDAG has raised $216 million, with the current batch 27 priced at $0.0248. Early backers who entered at batch 1 are already looking at a 2,380% ROI, and over 19.3 billion BDAG coins have been sold. In contrast to others, as most projects delay features behind marketing hype, BlockDAG is quietly stacking real-world tools, staking modules, smart contract deployment, and developer-friendly dApp creation, cementing its reputation as one of the few chains focused on delivery over noise. Breakouts, fundamentals, and functionality While Stellar and Ethereum are gaining attention through classic chart patterns and speculative breakouts, the substance behind those moves still hinges on execution. Stellar’s RWA tokenization efforts and Ethereum’s resistance testing offer promise, but they remain tied to what could unfold. BlockDAG, however, is already operating with live tools and user engagement on its Beta Testnet. With smart contracts, staking, and NFT capabilities active on-chain, it’s not asking the market to wait for delivery. As speculation continues elsewhere, BlockDAG is quietly building momentum through functionality, not forecasts, positioning itself as a chain that’s already proving what others are still pitching. To learn more about BlockDAG, visit the presale , website , Telegram, and Discord. Read more: ETF filing lifts DOGE, SHIB eyes $0.000017; BlockDAG’s $10m in days signals something bigger Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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