BlockDAG’s $405M Surge: Why Ethereum Could Lose Its Crown

BlockDAG has raised over $405 million in its presale, making it one of the largest fundraising events in the cryptocurrency sector. The project has attracted widespread attention due to its innovative Directed Acyclic Graph (DAG) architecture and EVM compatibility, which allows it to support Ethereum-based decentralized applications without the high transaction fees and scalability issues that have traditionally plagued the sector. With more than 4,500 developers actively building over 300 applications and 312,000 token holders, the project has demonstrated a robust and accelerating growth trajectory even before its mainnet launch.

The presale price is currently set at $0.0013, offering investors a flat entry point before the token’s market listing. This price remains locked until the Singapore Deployment Event with Coinstore, providing buyers with a rare opportunity for a stable entry before potential volatility from exchange listings. The project’s roadmap includes a testnet launch, known as the “Awakening Testnet,” scheduled for September 25, 2025, followed by the mainnet launch in early October. The testnet will enable developers and miners to validate key features, including UTXO removal, account abstraction, vesting contracts, and EIP-4337 groundwork.

BlockDAG’s technical advancements are not limited to its architecture. The project has also focused on cultivating a strong developer ecosystem, including strategic partnerships such as a global hackathon with HackerEarth. These initiatives aim to attract top talent and foster a collaborative environment for innovation. Moreover, the testnet provides essential tools for developers, including a blockchain explorer, smart contract development kits, and integration with MetaMask wallets, ensuring a seamless transition for Ethereum developers to the BlockDAG platform.

Analysts have offered early price predictions for BDAG, forecasting potential price ranges depending on market conditions and adoption rates. Initial estimates suggest a launch price between $0.08 and $0.12, with mid-term targets as high as $0.30 to $1.00 if the project continues to gain momentum. Long-term projections, particularly with the potential of major partnerships and institutional adoption, could push the token toward $5–$10, though reaching $50 is considered unlikely in the near future. These forecasts are based on supply dynamics, with a total supply of 150 billion tokens and a circulating supply of 50 billion.

BlockDAG’s ability to compete with established players like Ethereum is underscored by its EVM compatibility, which allows for seamless porting of Ethereum-based applications. This compatibility, combined with its DAG structure, enables faster transaction speeds and lower fees, addressing key pain points in the current blockchain landscape. While Ethereum continues to play a significant role in the industry, BlockDAG is positioning itself as a viable alternative with enhanced scalability, efficiency, and developer support. The project’s growing user base, spanning over 130 countries and supported by 20,000 distributed mining rigs, further reinforces its potential to become a major player in the blockchain space.

As the presale nears its conclusion, the project is preparing for its next phase with confirmed exchange partnerships including MEXC, LBank, XT.com, CoinStore, and Bitmart. Discussions are also ongoing with larger platforms like Coinbase, Gemini, and Crypto.com, indicating a strong market readiness for the token’s listing. With its testnet launch imminent and mainnet set for early October, BlockDAG aims to establish itself as a leading Layer 1 blockchain that prioritizes scalability, low fees, and developer accessibility. The next few weeks will be critical in determining its trajectory and market adoption.