Mantra (OM) is showing signs of strength after a recent dip. With current patterns suggesting a breakout, there is growing speculation that OM could climb toward the $10 mark.
Meanwhile, Aave’s Horizon proposal has triggered important conversations around linking real-world financial instruments with decentralized tools. While this may boost growth, some concerns about governance and token policies remain a talking point.
On another front, BlockDAG (BDAG) is drawing attention in the presale space. Its Ambassador Program is helping expand global reach and build community knowledge. With $208.5 million already raised, the presale momentum continues. If growth holds, BDAG could potentially hit its $600 million target, possibly influencing future pricing.
OM has recently stabilized, recovering from a drop earlier this month. It is currently trading at $6.82, up from a recent low of $5.86. The price staying above its key moving averages is one sign pointing to continued upward movement.
A falling wedge pattern has formed on the charts, which many traders see as a possible bullish indicator. If OM moves past resistance levels, it could reach $9.12 and may even approach the $10 range. However, for this to happen, the price must stay consistent and break key resistance levels.
The Horizon plan from Aave Labs would allow institutions to use tokenized money market funds as collateral to borrow stablecoins like USDC and GHO. This approach introduces regulated financial instruments to DeFi, creating a path for larger liquidity channels.
Still, the community has raised valid questions. New token issuance models and the sharing of profits are areas where opinions differ. Despite the pushback, Aave Labs continues to back the concept by pointing to strong growth in tokenized U.S. Treasuries, with over 408% annual increase.
If the proposal goes through, it will be part of Aave V3, with plans to eventually move to Aave V4 to further support scalability.
BlockDAG’s Ambassador Program was introduced to extend its global footprint through a community-led approach. It equips participants with the knowledge and tools needed to explain the platform to others and attract wider interest.
A major focus is education. Ambassadors gain access to training, regular sessions with the BlockDAG team, and learn practical blockchain concepts. This process ensures that representatives can confidently speak about the technology in a way that builds interest and trust.
To support engagement, BlockDAG rewards active ambassadors with BDAG tokens and limited-edition merchandise. Those who show consistent results may earn advanced roles within the initiative, building leadership from within the user base.
Currently, BlockDAG’s presale has reached $208.5 million and over 18.9 billion tokens sold. The coin is priced at $0.0248 in batch 27, which marks a 2,380% rise from its starting value. The program is expected to amplify growth as more ambassadors join, contributing to broader awareness and higher demand.
This type of strategic community building could position BlockDAG for further success, especially as it edges closer to its funding goal and mainnet launch.
OM appears to be gaining strength as it heads toward $10, though it must maintain its current levels to keep that trend going. The Aave Horizon proposal could open new possibilities for financial integration but still faces skepticism.
BlockDAG, on the other hand, is actively building through its presale and Ambassador Program. With $208.5 million already secured, the $600 million goal doesn’t seem far off. The project continues to gain support and expand reach, making it one of the more closely watched names going into 2025.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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