Explore the biggest crypto breakout candidates now: Ethereum nears a $4.5K squeeze, HYPE rallies toward $64, and BlockDAG dominates with over $410M raised in presale!
The cryptocurrency market is heating up as three powerful narratives take shape. Ethereum (ETH) is approaching the crucial $4,500 resistance level, with nearly $4 billion in short positions piled up. A breakout here could spark a massive short squeeze, sending prices surging higher.
Hyperliquid (HYPE) continues to impress, climbing to fresh all-time highs and showing strong momentum. Its parabolic trend suggests the rally may not be over yet, with analysts eyeing even higher targets.
Meanwhile, BlockDAG is making history in presale fundraising, raising nearly $410 million at just $0.0016 per coin in Batch 30. With a confirmed $0.05 listing price, the project offers early buyers significant upside.
Together, these stories leave investors asking: which crypto will explode next?
Hyperliquid Extends Its Parabolic Trend
Hyperliquid (HYPE) has been on a relentless run since April, and its rally shows no signs of slowing. Today, the token touched a new all-time high of $59.45 before easing slightly. Unlike the contained movement earlier in its cycle, September saw HYPE break out of an ascending parallel channel and validate it as support, a strong bullish confirmation.
Momentum indicators back the surge. Both the RSI and MACD remain bullish with no bearish divergence, showing that buying strength is intact. Analysts applying the wave counts suggest HYPE is completing wave three of a five-wave sequence that began in August. This projects a local top near $64.46, with a possible corrective wave before another push higher.
Even if a short-term pullback materializes, the overall uptrend is intact. For traders asking which crypto will explode, Hyperliquid’s ability to keep breaking barriers underscores its momentum-driven narrative. With parabolic growth already demonstrated, HYPE looks set for more highs.
Ethereum Approaches the $4,500 Short Squeeze Zone
Ethereum price action is heating up as it trades just under $4,300, closing in on the $4,500 resistance level where billions in short positions are stacked. Analysts warn that this cluster of leveraged shorts, totaling nearly $4 billion, could be the trigger for a self-reinforcing squeeze.
Data shows that liquidation risks are concentrated around $4,523, with Binance holding $90M in exposure, OKX at $92M, and Bybit near $78M. Rising funding rates point to aggressive shorting, while heavy trading volume centers on the breakout zone. If ETH breaks $4,500, forced buying could send it rapidly toward $4,700–$4,800, sparking momentum across altcoins.
For investors wondering which crypto will explode, Ethereum’s setup is among the most compelling. The mix of high leverage, technical resistance, and improving sentiment makes ETH a powder keg waiting for ignition.
BlockDAG’s Presale Surges Past $410M!
While Ethereum and Hyperliquid dominate headlines for live price action, BlockDAG (BDAG) is cementing itself as one of the strongest presale stories of 2025. Now in Batch 30 at a price of $0.0016, BlockDAG has raised more than $410 million, with a confirmed launch price of $0.05. This presale track points to substantial upside for early participants.
What sets BlockDAG apart is its focus on credibility and execution. The upcoming Awakening Testnet is scheduled to launch on September 25, introducing key upgrades such as a UTXO removal system for faster transactions and explorer tools for real-time monitoring. This testnet is not just a trial phase but a live prequel to mainnet, showcasing how the hybrid blockchain’s DAG structure can scale from 2,000 to 15,000 transactions per second.
On top of the tech, the project has cultivated credibility with security audits from CertiK and Halborn, ensuring transparency and safety for participants. Meanwhile, Dashboard V4 has transformed presale participation into an exchange-like experience, offering live charts, order books, and referral leaderboards to gamify engagement.
These fundamentals combine with headline figures, $410M raised, a $0.05 launch target, and miner adoption through both X1 mobile app users and X-Series hardware shipments, to position BlockDAG as a frontrunner in the race for long-term dominance. For many investors comparing Ethereum’s potential breakout and Hyperliquid’s parabolic wave, BlockDAG’s presale strength makes it a clear choice in the discussion of which crypto will explode.
The Bottom Line
Ethereum stands on the edge of a short squeeze that could propel it hundreds of dollars higher in days. Hyperliquid continues to impress with its parabolic rise and wave structure, pointing toward new highs. Yet, BlockDAG is proving that explosive growth isn’t limited to live-traded assets. With $410 million already raised, a Batch 30 price of $0.0016, and a $0.05 launch target, it has set a new standard for presales in 2025.
For traders asking which crypto will explode, the answer may not be singular. Ethereum could ignite the broader market with a squeeze, Hyperliquid might extend its rally further into uncharted territory, and BlockDAG offers early adopters a calculated bet on outsized future returns. Together, they represent three unique pathways to potential breakout gains in the months ahead.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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