A brief overview of the current cryptocurrency prices indicates pressure on Uniswap and Toncoin, while BlockDAG is preparing for an important launch.
Uniswap (UNI) Price Situation
The Uniswap (UNI) price has fallen below the $10 mark, raising questions about its short-term outlook. Currently, UNI is trading around $9.60, down approximately 6% over the past week. Despite leading the decentralized exchange sector with $143 billion in August volume and implementing updates and introducing new tools, this has not sparked a price rebound.
Analysts point out that the current price drop reflects a disconnect between the growing use of the protocol and its value. Governance discussions around a structure that could unlock $90 million per month in protocol fee revenue may enhance long-term prospects. However, until UNI can regain strength above $10, short-term holders may find themselves in a difficult spot.
Toncoin (TON) Analysis
The Toncoin (TON) price is showing signs of hesitation, trading around $3.10 after a modest pullback from August highs near $3.50. Technical charts highlight support close to $2.90 and resistance at $3.44–$3.63, placing TON at a crossroads where the next move could be decisive.
RSI indicators sit near neutral, while the MACD leans slightly bearish, suggesting sideways action until a breakout occurs. Nonetheless, the project continues to build momentum through treasury initiatives and ecosystem growth. Long-term sentiment remains positive even if near-term price action stalls.
BlockDAG Prospects
The BlockDAG presale is approaching its decisive moment, having raised over $405 million with more than 26.2 billion BDAG sold. Yet, the price remains locked at $0.0013 until October 1. This price point is one that early holders will remember as the launchpad for everything to follow.
The Awakening testnet is set to introduce account abstraction for gasless transactions and improved explorers. The presence of real miners and an active community also emphasize the significant progress BlockDAG has made. Experts note that despite the stable price, the network's potential and project advancements may make BlockDAG an interesting cryptocurrency to monitor in the upcoming period.
Uniswap and Toncoin face market pressure, while BlockDAG is preparing for a significant moment with its presale. Both projects show potential, but short-term uncertainty lingers. BlockDAG, on the other hand, could become an interesting object of interest as changes approach.
