Ethereum Steady at $2.5K, Solana Drops to $142 as BlockDAG Ships Mining Hardware
Ethereum price held firm around $2,500 support despite mixed market sentiment and anticipation of network upgrades and steady DeFi activity. Solana price pulled back to $142, down 8% from recent highs, driven by profit-taking and sector rotation. Mining equipment startup BlockDAG has begun shipping its next-generation DAG miners to early backers, aiming to secure a first-mover advantage. The company plans to launch its BDG token on multiple exchanges soon, which analysts say could provide a significant liquidity boost. Traders will watch Ethereum’s upgrade progress, Solana’s volatility and BlockDAG’s token listing for short-term trading opportunities.
Bullish
The news highlights Ethereum’s price resilience at $2,500, backed by upcoming network upgrades and steady DeFi activity, suggesting bullish momentum for ETH. Solana’s pullback reflects normal profit-taking and does not undermine its long-term growth prospects. BlockDAG’s hardware rollout and imminent BDG token listing are expected to increase liquidity and market interest in its native token, which could further support positive sentiment across related assets.