Ethereum News Today: BlockDAG Surpasses $376M Presale Amid 2.5M X1 App Users and 81% Listing Upside

BlockDAG is rapidly gaining traction in the crypto space, driven by a network of over 2.5 million active users participating in its X1 mobile mining app. This grassroots adoption, coupled with a presale that has raised over $376 million and sold 25.2 billion tokens, has positioned the project as a strong contender against established players like Binance Coin and Ethereum [2]. The X1 app, which allows users to mine up to 20 BDAG tokens daily from their smartphones, has played a crucial role in lowering the entry barrier and incentivizing broad participation [2].

The project’s infrastructure is already robust, with 20 confirmed exchange listings across platforms such as MEXC, LBank, and Coinstore, ensuring global accessibility from the moment it launches [2]. A live demo in July showcased the integration of the X1 mobile miner with the X10 hardware unit, demonstrating a scalable mining model that caters to both casual users and large-scale participants. The X10 unit, for instance, can generate up to 200 BDAG daily, based on the projected listing price of $0.05 per token [2].

BlockDAG’s technological foundation is built on a hybrid consensus model combining Directed Acyclic Graph (DAG) architecture with Proof of Work, offering scalability, security, and resistance to Sybil attacks. Its Ethereum Virtual Machine (EVM) compatibility further enhances its appeal by enabling seamless migration of Ethereum-based applications [2]. More than 4,500 developers are already building on the platform, with over 300 applications ready for deployment, including DeFi protocols, NFT marketplaces, and enterprise tools [2].

The project’s affordability and inclusive model have helped expand participation into regions traditionally underserved by early-stage crypto projects. This has been supported by transparent vesting, referral incentives, and on-chain governance mechanisms, all of which have contributed to high engagement levels [2]. Analysts highlight that the current presale price of $0.0276, compared to the expected listing price of $0.05, represents a potential 81% upside for early participants [2].

Binance Coin (BNB) and Ethereum (ETH) remain strong in the market, with BNB recently reaching a peak above $815 and Ethereum crossing the $4,000 mark. However, both face limitations in terms of percentage growth potential due to their large market caps. BNB is currently trading within a range of $700.60 to $832.10, with key resistance at $912 [2]. Ethereum, while showing a 3.46% daily gain and a strong RSI reading of 69.01, is still projected to break through $4,350 for sustained upward movement [2].

BlockDAG, by contrast, is entering the market with a fully formed ecosystem. With 19,300 mining devices sold, miner sales exceeding $7.8 million, and a growing community of 2.5 million users, the project is not just preparing for a launch but for leadership in the Layer 1 space. If the presale continues at its current pace, it could surpass $600 million, outpacing the presale totals of projects like Avalanche and Aptos [2].

This momentum underscores the potential for BlockDAG to outperform traditional market leaders by combining real-world adoption with technological readiness, positioning it as a compelling investment option for 2025 [2].

Source: [1]title1.............................(https://www.bitcoininsider.org/article/283522/ethereum-breaks-4200-kaspa-nears-010-while-blockdag-outshines-both-25m-x1-users-and)

[2]title2.............................(https://coincu.com/pr/blockdags-record-376m-presale-positions-it-as-2025s-top-layer-1/)