Bitcoin News Today: BlockDAG Surpasses $374.5M Presale as Cricket Partnerships Drive Adoption

The cryptocurrency market is witnessing a shift in momentum toward projects with strategic partnerships and unique adoption strategies. Mantle (MNT), Bitcoin Cash (BCH), and BlockDAG (BDAG) are all drawing attention, but BDAG is emerging as a standout due to its bold market entry and large-scale audience engagement [1].

Mantle has experienced notable growth, crossing the $1 level and trading near $1.02 in early August. A strategic partnership with ByBit has significantly boosted its market presence, with whale transactions increasing nearly tenfold and active addresses rising by about 56% in recent days [1]. This momentum aligns with the broader Ethereum rally, as Mantle, a layer-2 solution, benefits from increased Ethereum activity. Analysts are watching for a potential breakout above $1.35, which could unlock further gains if the trend continues [1].

Bitcoin Cash is also seeing increased traction, with a 30% surge in trading volume as it approaches the $600 resistance level [1]. The rise in daily turnover suggests growing market interest, and if BCH manages to break through this key threshold, sustained demand could lead to a more extended rally. Analysts are monitoring whether volume remains aligned with bullish technical indicators as the asset gains more attention [1].

Meanwhile, BlockDAG is making waves with its unconventional approach. By entering the cricket market—a sport with over one billion global fans—BDAG is leveraging a deeply engaged audience to drive blockchain adoption. The partnership with the Seattle Orcas includes interactive NFTs, digital content, and fan voting features, turning sports enthusiasm into a platform for crypto exposure [1]. This strategy taps into a vast audience across South Asia, the UK, and other cricket-enthusiast regions, offering BlockDAG a unique path to mass adoption.

BlockDAG has already raised $374.5 million in its presale, selling 25.2 billion tokens and delivering early investors a 2,660% return from Batch 1 to the current Batch 29 price of $0.0276 [1]. In addition, the project has sold over 19,300 mining hardware units, generating $7.8 million from these sales. The cricket season, with its high-profile matches and extensive media coverage, provides a consistent channel for engagement and outreach, reinforcing BDAG’s growth potential.

While Mantle and Bitcoin Cash are showing strong fundamentals and market movement, BlockDAG’s entry into a global sport with such a large audience differentiates it as a high-impact play. Its hybrid DAG + Proof-of-Work model, combined with strategic sports partnerships and a robust presale performance, positions it as one of the most compelling options for investors seeking exposure to a project with both immediate visibility and long-term growth potential [1].

Source: [1] BlockDAG, Mantle, and Bitcoin Cash Trading Volume – Why BlockDAG Is the Best Crypto to Buy Now (https://coinmarketcap.com/community/articles/68a11c9868c9d7798de74761/)