BlockDAG's Web3 Academy on the Horizon; SOL Faces Resistance & DOGE Price Drops 3%

This week's cryptocurrency market presents a mixed bag. Solana (SOL) is showing price resilience, bouncing off a support level, but faces significant resistance at $149. Dogecoin (DOGE), currently trading at $0.1578, experienced a 3% weekly decline. However, indicators and whale accumulation suggest continued potential.

Solana's Technical Analysis: A doji candlestick near $139 hints at potential short-term price reversal. The recent rise to $135 was partly attributed to Janover's addition of SOL to its portfolio. Despite this, the rally faces resistance. Trading at approximately $138, opinions are divided: some anticipate a rebound, while others see it as a temporary price increase. Solana's network remains robust, with decentralized exchange (DEX) activity exceeding $2.9 billion in the last 30 days, driven by platforms like Orca and Pump. A decisive break above $149 is needed for further upward momentum; otherwise, a decline towards $128 is possible.

Dogecoin's Current Price: Trading at $0.1578, DOGE reflects a 3% drop following broader market reactions to new US tariffs. Despite this, technical signals maintain trader interest. Support around $0.15 remains strong, with mid-tier and large holders increasing their positions. The number of wallets holding at least 10,000 DOGE increased from 236,000 to 240,000 in six months. While indicators are mixed, the MACD suggests a potential bullish crossover, supported by an ascending trendline. However, the Directional Movement Index (DMI) advises caution due to uncertain momentum.

BlockDAG Academy: A New Approach to Blockchain Education: BlockDAG, following a successful $215 million presale (with early investors achieving a 2,380% ROI and tokens currently priced at $0.0248 in batch 27, 19.2 billion coins sold), is launching BlockDAG Academy, a comprehensive Web3 learning platform. Introduced during Keynote 3 by Blockchain Advisor Maurice Herlihy, the academy offers a three-tiered curriculum: Elementary (beginners), Intermediate (smart contracts and governance), and Advanced (full-stack development using APIs and dApps). This hands-on approach aims to simplify blockchain concepts and provide practical application, moving beyond theoretical knowledge.

Key Takeaways:

Solana demonstrates strength but faces a key resistance level at $149. Dogecoin shows cautious optimism with continued accumulation, though signals remain mixed. Both assets possess potential but lack clear breakout signals.

In contrast, BlockDAG showcases strong growth and value proposition, evidenced by its successful presale, substantial early returns, and the upcoming launch of its educational platform, BlockDAG Academy. This initiative adds tangible value, positioning BlockDAG as a significant player in the cryptocurrency market.

This article is a sponsored press release for informational purposes only. It does not constitute financial, investment, or legal advice. Investing in cryptocurrencies is inherently risky. Conduct thorough research and invest at your own risk.