Best Cryptos to Buy in August: What’s Driving BlockDAG, SEI, Ethena, And SUI To The Spotlight

The crypto market can feel overwhelming, especially with new names popping up every day. But sometimes, a few projects rise above the noise. Lately, BlockDAG, SEI, Ethena, and SUI are making waves, whether due to large-scale adoption, network activity, or strategic growth. These coins are drawing attention for real reasons, not just temporary hype. Each one brings a unique angle to the table. From BlockDAG’s ready-to-use network to SEI’s growing locked value, Ethena’s buyback drive, and SUI’s powerful trading volume, there’s plenty going on. These developments aren’t small; they’re putting these names among the best cryptos to buy right now. Read on for a closer look at what sets each apart in this month’s spotlight. 1. BlockDAG (BDAG): Launch-Ready Network with Global Reach BlockDAG stands apart by entering the market already built, not just promised. It includes a complete Layer 1 network, an active mobile mining app called X1, physical mining gear (X-Series), and a growing lineup of dApps and developers. This setup puts it ahead of many projects still in early development. Everything is functional from day one, giving both builders and users something they can immediately access. Activity is already spiking. Over 2.5 million users are mining daily through the app, and nearly 18,880 mining devices have been purchased. These aren’t just passive numbers; there’s real usage and value being generated across the ecosystem. The funding story supports this momentum. So far, BlockDAG (BDAG) has raised $358M and sold over 24.6 billion coins. Its price has increased by 2,660% since Batch 1, and it now sits at $0.0276. However, through the GLOBAL LAUNCH release, the price is temporarily set at $0.0016 until August 11. This limited-time price could deliver a 3,025% return based on its $0.05 listing rate. Compared to other names in the space, BlockDAG offers something fully operational even before launch. This makes it one of the best cryptos to buy for those looking at functionality and value before exchange listings. 2. SEI (SEI): Sharp TVL Rise Brings This Chain Into Focus SEI is becoming a serious contender due to its rapid increase in on-chain metrics. It’s backed by Circle and has grown its Total Value Locked (TVL) from $28M to over $600M in just months. This shows strong adoption and network strength. The platform is also processing a high number of transactions, even surpassing well-established chains like Arbitrum and Ethereum in activity. Currently, SEI trades between $0.31 and $0.33. The resistance level of $0.35 is being watched closely. If this level breaks, some forecasts see a rise toward $1 this year. Longer-term, there’s potential to see $3 or more by 2030, depending on how adoption continues. This steady growth and activity put SEI among the best cryptos to buy for anyone tracking on-chain success and scaling potential. 3. Ethena (ENA): Buyback Strategy Brings Price Push Ethena is gaining serious attention through its structured buyback plan. A $260M effort is underway to repurchase ENA, limiting supply and increasing overall trading interest. This move has sparked momentum, especially as ENA’s performance starts to outpace competitors like Circle and PancakeSwap in earnings. The coin is currently trading around $0.60, after breaking through a resistance zone. Momentum could continue, possibly taking it to $0.85 or $1.00. However, technical signals show overbought conditions, which may lead to some pullback or sideways action in the short term. If volume remains high, this chart setup still holds promise. Ethena’s strategic planning and market reactions make it one of the best cryptos to buy for those paying attention to strong DeFi movements. 4. SUI (SUI): Heavy Volume And Unlock Event In Play SUI has been drawing strong interest due to its large daily trading volume and stablecoin usage. In recent days, SUI trading topped $2B, and its stablecoin activity even surpassed Solana’s, signaling growing real-world usage and a strong ecosystem foundation. However, SUI is also facing a coin unlock valued around $240M. This could bring short-term selling pressure. At the moment, prices hover between $3.70 and $3.80. If a bearish trend takes over, a drop toward $3.49 could follow. But if the price breaks $4.00, there may be room to climb to $4.50 or even $8.00 over time. Long-range forecasts range between $4 and $6 by late 2025, with some pushing toward $10 by 2030. For those watching volume-based traction, SUI stands out as one of the best cryptos to buy with future potential. Final Take BlockDAG brings fully working systems to the table, SEI is making serious progress in locked value and transactions, Ethena is using buybacks to tighten supply, and SUI is moving serious volume while handling coin unlocks. Each of these projects brings something real, not just talk. They are being built, used, and followed closely by many in space. Among all the names competing for attention, these four are starting to show real staying power. While no outcome is guaranteed, the data and activity speak volumes. For those scanning the landscape, these may be the best cryptos to buy right now based on performance, structure, and use case strength. The post Best Cryptos to Buy in August: What’s Driving BlockDAG, SEI, Ethena, And SUI To The Spotlight appeared first on TheCoinrise.com .

Source: The Coin Rise