SUI Surges 3.85% to $3.11 on Strong DeFi Activity BlockDAG Presale Surpasses $313.5 Million

SUI, the native asset of the Sui network, has seen a notable increase, rising by 3.85% to trade around $3.11. This surge is supported by strong volume, a rising total value locked (TVL) of $1.8 billion, and growing decentralized finance (DeFi) activity. SUI's recent gains indicate strong market confidence, positioning it as one of the top non-Ethereum Virtual Machine (EVM) networks. However, while SUI continues to climb, BlockDAG (BDAG) is garnering significant attention with its ongoing presale, which has already surpassed $313.5 million, offering early buyers returns of 2,660%.

BlockDAG's presale has attracted considerable interest due to its hybrid technology and full EVM compatibility, positioning it as a potential contender in the Layer 1 space. The network aims to raise a total of $600 million, with funds allocated to exchange liquidity, DeFi platforms, and mining infrastructure. BlockDAG's technology combines a Directed Acyclic Graph (DAG) layer, inspired by Kaspa, with a Proof-of-Work system similar to Bitcoin's, offering high throughput of over 15,000 transactions per second (TPS). This dual approach, along with EVM compatibility, allows developers to easily migrate their applications to the BlockDAG network.

SUI's recent performance is backed by strong support near $3.11, with increasing volume and buyer interest. Analysts are closely monitoring the $3.30 zone, which could mark a significant breakout. The Sui network's TVL has grown to $1.8 billion, making it the third-largest non-EVM network by TVL. The integration of the Phantom wallet and growing DeFi activity, such as the SuiLend protocol with over $600 million in TVL, contribute to SUI's momentum. Technically, SUI shows solid support around $3.12, with intraday moves between $2.97 and $3.15 reflecting growing interest from both retail and institutional investors.

BlockDAG's presale success is not just about funding; it indicates real demand and market confidence. The network plans to have over 1,000 decentralized applications (dApps) by 2026, supported by grants, hackathons, and easy launch tools. BlockDAG's focus on developer activity and real-world infrastructure sets it apart from other networks. With a user base of over 2 million through mobile mining on the X1 app, BlockDAG is poised for early traction. The network's six-week launch plan after the presale includes mining nodes, DeFi tools, and bridges, aiming to reduce friction for developers and accelerate dApp deployment.

In summary, both SUI and BlockDAG represent a shift in the Layer 1 space, moving from hype to real results. SUI has demonstrated strong post-launch growth, while BlockDAG aims to build momentum early with a ready ecosystem and solid presale backing. As SUI tests key price levels around $3.12 to $3.30, the market is watching for real utility and liquidity. BlockDAG, with its hybrid design and builder-focused plan, hopes to spark similar excitement well before its launch. The presale for BlockDAG is ongoing, with the current price in Batch 29 at $0.0276, offering a significant discount compared to the launch price of $0.05. Early entrants have seen impressive returns, with a frozen rate of $0.0018 available for a limited time, making the final presale entry highly timed.