Latest Blockasset (BLOCK) Price Analysis

Deep Dive

1. DeFi Liquidity Expansion (Bullish Impact)

Overview: Blockasset launched a BLOCK/USDC lending pool on Save Finance (Blockasset) on July 28, offering up to 37% APY for USDC lenders. This integration aims to deepen on-chain liquidity without direct token sales.

What this means:
- The pool incentivizes stablecoin holders to support BLOCK liquidity, reducing immediate sell pressure.
- Increased borrowing demand could signal speculative interest, though adoption metrics remain weak (daily transactions <1,000).

What to look out for: Sustained APY rates and pool utilization beyond the initial hype phase.

2. Staking Model Transition (Mixed Impact)

Overview: Blockasset’s v1 staking closes to new entrants on July 31, ahead of a v2 launch with variable yields.

What this means:
- Short-term demand arose from users locking tokens before the deadline, temporarily reducing circulating supply.
- However, v1’s 500% APY was highly inflationary – transitioning to v2 may curb sell pressure but risks alienating yield-focused holders.

What to look out for: v2’s yield structure and whether it addresses token oversupply (312M circulating supply).

3. Technical Rebound from Oversold Levels (Neutral Impact)

Overview: BLOCK’s RSI7 hit 2.87 (severely oversold) before the 24h rally, while its price remains 99.7% below its all-time high.

What this means:
- Mechanically oversold conditions often trigger short-term bounces, especially in low-liquidity tokens.
- MACD divergence (-0.0058) and Fibonacci resistance at $0.0303 suggest the rally lacks strong technical conviction.

Conclusion

BLOCK’s 24h gain reflects tactical responses to DeFi integration and staking changes, but its -75% weekly drop underscores persistent risks: inflationary tokenomics, minimal adoption, and speculative trading. Key watch: Can the Save Finance pool sustain >30% utilization post-August 1, or will v2 staking accelerate sell-offs?

Deep Dive

1. Staking Dynamics

Blockasset’s staking program locks 13.54% of BLOCK supply ($3.27M value), offering 12-24% APR (Blockasset). This:
- Reduces circulating supply by ~42M BLOCK
- Creates baseline demand from yield seekers
- Matches sector trends where staking tokens outperformed non-staking peers by 9% in July 2025

The 0.03% daily ROI (12% APR) with 7-day cooldown balances accessibility and commitment, appealing to mid-term holders.

2. Technical Breakout

Price ($0.0788) crossed above critical averages:
- 7-day SMA: $0.0756
- 30-day SMA: $0.0778
- 200-day SMA: $0.0620 (long-term bullish)

RSI-7 at 63.92 shows room before overbought (70+), while MACD histogram (-0.00014) nears bullish crossover. Fibonacci retracement levels suggest next resistance at $0.0798 (23.6%) if momentum holds.

Conclusion

BLOCK’s rise combines staking-fueled supply constraints with technical momentum in a recovering altcoin market. Watch for sustained volume above $1M/day (current: $1.02M) to confirm trend strength.

Could BLOCK’s staking APR help it outperform other low-cap tokens if market volatility increases?