Bitcoin News Today: Retail Investors Power BlockDAG’s $387M Surge Over Layer-1 Giants

BlockDAG has raised over $387 million in its presale, surpassing the early fundraising rounds of major Layer-1 competitors like Avalanche ($230 million) and Aptos ($350 million). The project has sold 25.6 billion coins and is now in Batch 30 of its presale with a token price of $0.03, which represents a 2,900% increase from its initial offering price. The project aims to reach a total of $600 million before its mainnet launch, making it one of the most significant community-funded blockchain projects in history [1].

What sets BlockDAG apart from other Layer-1 projects is its reliance on retail investors rather than institutional venture capital. Over 200,000 holders from around the world have participated in the presale, contributing to a broader and more decentralized ownership structure. This retail-driven approach aligns with the current trend in the crypto space, where widespread participation is seen as a critical factor in long-term network success [1].

The project has already demonstrated strong adoption metrics. The X1 Mobile Miner app has been downloaded more than 3 million times, and 19,500 X10 mining rigs have been sold, generating $7.8 million in revenue. Additionally, over 4,500 developers are actively building more than 300 decentralized applications on the platform, supported by its Ethereum Virtual Machine (EVM) compatibility. This infrastructure is seen as a key indicator that BlockDAG is not just attracting capital but also building a functional ecosystem [1].

Analysts highlight the project’s growing visibility and strategic partnerships as additional growth drivers. BlockDAG has secured sponsorships with major sports teams, including Inter Milan in football, the Seattle Seawolves in rugby, and the Seattle Orcas in cricket. These partnerships are expected to expose the project to millions of fans globally, helping to establish mainstream recognition ahead of its exchange listings [1].

The project’s presale success has also drawn comparisons with other top presale crypto coins in 2025, including Bitcoin Hyper, Snorter, and Remittix. While these projects have their own unique value propositions, BlockDAG stands out due to its combination of fundraising scale, early adoption metrics, and strategic positioning. For example, Bitcoin Hyper is redefining Bitcoin’s utility through a Solana-based Layer-2 solution, and Remittix is building a PayFi infrastructure to connect crypto with fiat. However, analysts note that BlockDAG’s broader retail appeal and existing infrastructure place it ahead of these competitors [2].

With 3 million miners and a growing developer base already active, BlockDAG is demonstrating a level of operational maturity rarely seen in early-stage Layer-1 projects. The project is also benefiting from high-profile exposure at the TOKEN2049 Singapore event, where it will showcase its ecosystem with a 72 sqm exhibit and live demonstrations. These factors, combined with its strong presale performance, position BlockDAG as a leading contender in the 2025 Layer-1 landscape [2].

Source:

[1] BlockDAG’s $387M Presale Redefines Layer-1 Growth, Surpassing Avalanche and Aptos Before Launch (https://www.mexc.fm/en-TR/news/blockdags-387m-presale-redefines-layer-1-growth-surpassing-avalanche-and-aptos-before-launch/79934)

[2] Top Presale Crypto Coins - Whales Pick BlockDAG Ahead of Bitcoin Hyper, Snorter, Remittix (https://blockchainreporter.net/top-presale-crypto-coins-whales-pick-blockdag-ahead-of-bitcoin-hyper-snorter-remittix/)