Bitcoin News Today: Avalanche Holds Steady at $22 as TVL Hits $1.9B, BlockDAG Presale Yields 3,025% Gain Potential

Avalanche (AVAX) has maintained a stable price of around $22 in recent days, following a peak of approximately $23.08 on August 3. The price movement shows no signs of explosive growth but has remained consistent, with traders appreciating its steadiness in the current market environment. Over the past month, AVAX has gained about 30%, and its Total Value Locked (TVL) has surged to $1.9 billion, reflecting a 90% increase since March. The strong TVL suggests growing institutional and on-chain interest in the platform, reinforcing its position as one of the more stable large-cap cryptocurrencies [1].

Meanwhile, BlockDAG is capturing attention with a unique presale model that offers real Bitcoin (BTC) rewards to participants. Unlike traditional presales that promise future returns, BlockDAG’s live auction pool of 10 BTC is already active, distributing rewards based on the amount of BDAG tokens purchased. Each transaction earns participants a proportional share of the BTC pool in real time, with no raffles or random draws involved. The more BDAG a user buys, the larger their BTC reward. These payouts are transparent and occur on-chain, providing an immediate return to investors [1].

As of now, BlockDAG is in Batch 29, having raised over $367 million and sold more than 24.8 billion tokens. The current price of $0.0016 for BDAG will remain until August 11, after which the launch price is projected to reach $0.05—potentially offering a 3,025% gain for early buyers. The project’s Dashboard V4 further enhances its appeal by including a simulated trading platform with live charts and order books, adding a layer of utility and engagement for participants [1].

While BlockDAG stands out for its innovative approach, the Hedra (HBAR) update also highlights positive price action. As of August 6, HBAR has risen about 9% to $0.2513, supported by whale activity and institutional interest. Over 77% of the supply is now controlled by large wallets, and the recent adoption of the ERC-3643 token standard is seen as a step toward broader regulatory compliance and asset tokenization. Traders are closely watching the $0.30 level as a potential breakout point, with some analysts forecasting a move toward $2 by 2025 [1].

Avalanche’s steady performance contrasts with HBAR’s more volatile trajectory. While AVAX is not experiencing rapid price surges, its stability and growing TVL make it an attractive option for risk-averse investors. The recent price range is expected to remain between $21.80 and $23.60 in August, with some analysts projecting a potential rise to $32 if bullish momentum continues [1].

BlockDAG, however, is positioning itself as a standout among presales by offering tangible returns in the form of BTC. Investors who participate in the ongoing presale can expect to see returns during the sale period rather than waiting for a future launch. The 10 BTC pool is available until August 11, making it a limited-time opportunity for early buyers to benefit from both token appreciation and immediate BTC payouts [1].

Source: [1]Avalanche Holds Firm at $22 With $1.9B TVL, BlockDAG Presale Offers Real BTC Rewards Before August 11 https://cryptonewsland.com/avalanche-holds-firm-at-22-with-1-9b-tvl-blockdag-presale-offers-real-btc-rewards-before-august-11/