Ethereum News Today: Ethereum, Binance Coin Rise on ETF Inflows as BlockDAG Demo Sparks 3,025% Price Target

Two of the leading cryptocurrencies, Ethereum and Binance Coin, are showing sustained bullish momentum amid growing institutional interest and expanding utility. Ethereum (ETH) has surged past $3,780, driven by record-setting spot ETF inflows exceeding $2 billion in recent weeks. The digital asset, which underpins a majority of decentralized finance (DeFi) and smart contract applications, continues to solidify its role as a foundational layer for Web3 innovation. Meanwhile, Binance Coin (BNB) is trading near $764, with price action above its 200-day moving average signaling a strong uptrend. Both assets benefit from rising adoption and technical resilience, though attention is shifting to a new entrant capturing market intrigue.

BlockDAG (BDAG), a blockchain project leveraging a dual miner model, is emerging as a focal point for investors. With over $348 million raised and 24.2 billion coins sold, the project is preparing to showcase its X1 app and X10 hardware miner in a live demonstration. The X1 app allows users to mine up to 20 BDAG daily via mobile devices, while the X10 miner, when paired with the app, can generate 200 BDAG per day. The X10 device is designed for ease of use, requiring no technical expertise and connecting seamlessly via Bluetooth, Wi-Fi, or Ethernet. The demo, set to launch this week, will highlight the integration of these tools and their potential to deliver real-time rewards.

The project’s current presale phase includes a time-sensitive NO VESTING PASS offer, enabling buyers to receive 100% of their BDAG coins unlocked at launch. This excludes bonus and referral rewards, which follow standard vesting timelines. The offer expires in four days, adding urgency to the event. BlockDAG has sold 18,600 miners to date, with the current batch (Batch 29) priced at $0.0276. The confirmed global launch price is set at $0.0016, locked until August 11, positioning the project for a potential 3,025% return based on analyst forecasts.

Ethereum’s recent performance underscores its dominance in the DeFi ecosystem, with institutional inflows hitting $727 million in a single day during July. Technical analysis indicates key support at $3,400 and resistance forming near $3,800 to $4,000. Similarly, BNB’s 16% monthly gain and 9% weekly rise reflect strong demand, supported by expanding utility in smart contract execution and trading. However, BlockDAG’s product-driven approach and immediate earning potential are drawing attention as a long-term alternative to traditional crypto models.

The live demo represents a critical milestone for BlockDAG, demonstrating its ability to deliver tangible value through user-friendly infrastructure. By combining mobile accessibility with hardware scalability, the project addresses barriers to entry for both novice and experienced miners. While Ethereum and BNB remain dominant players, BlockDAG’s focus on real-time rewards and presale incentives positions it as a compelling case study in next-generation blockchain adoption.