Bitcoin Surges 100% to $122,000, Boosting BlockDAG Presale to $339 Million

Bitcoin has recently surged past $122,000, marking a new all-time high and reigniting momentum across the crypto sector. This surge has shifted attention towards emerging Layer 1 networks that combine Bitcoin’s strengths, such as decentralization and security, with the speed enhancements necessary for modern blockchain use. One such network gaining traction is BlockDAG.

BlockDAG, currently in its presale phase, has already attracted over $339 million in contributions. It is developing a future-ready Layer 1 solution by merging Bitcoin’s Proof-of-Work (PoW) mechanism with the transaction speed benefits of DAG architecture, as seen in projects like Kaspa. This hybrid model creates a powerful framework that could become one of the most influential Layer 1 protocols.

Bitcoin’s rise to $122,000 underscores its role as the most secure and decentralized digital asset. However, its limitations in speed and transaction costs have driven innovation in new Layer 1 blockchains. BlockDAG enhances the PoW mechanism through DAG architecture, enabling transactions to be processed in parallel. This setup allows the network to reach up to 15,000 transactions per second.

BlockDAG’s framework includes several key components: a PoW consensus that delivers Bitcoin-level decentralization and resistance to Sybil attacks, a DAG-based structure that enables fast, parallel transaction validation, an Ethereum-compatible virtual machine (EVM) for smart contract support, no-code and low-code tools for developers to launch apps quickly, and a testnet available ahead of token generation for hands-on testing capabilities. Essentially, BlockDAG is merging the best features from Bitcoin, Kaspa, and Ethereum into a scalable, developer-ready Layer 1 platform.

As Bitcoin continues to set new highs, BlockDAG is steadily advancing toward its $600 million presale goal. It has already secured $339 million, sold 23.8 billion BDAG coins, and built a global following with over 2 million users mining on its X1 mobile app. This scale is significant, as it goes beyond the typical crypto startup, where raising $20 to $50 million is considered strong. BlockDAG’s momentum is backed by real progress across its infrastructure, including the distribution of over 18,000 ASIC miners, over 2 million mobile users mining with the X1 App, a confirmed GLOBAL LAUNCH release for August 11, a live and active testnet, and a complete EVM-based dApp ecosystem under development. This is not a pitch deck; BlockDAG is already operating with real-world tools and user engagement before entering the open market.

Bitcoin’s $122,000 milestone signals more than a new record; it typically indicates that a broader market rally is underway. Historically, Bitcoin leads the move, followed by capital flowing into high-potential altcoins and infrastructure plays. This makes early access to projects with scalable architecture particularly important right now. BlockDAG’s current price of $0.0016 offers considerable upside, with the post-launch target set at $0.05. That’s a potential return of over 3,025 percent from current levels. Its $600 million presale funds are intended to drive widespread marketing campaigns, strategic incentives to expand the ecosystem, mainnet enhancements, and key DeFi infrastructure, including launchpads, oracles, and DEXs. All of this positions BlockDAG for strong visibility and growth once it enters public markets.

Bitcoin’s new high reinforces the long-term value of Proof-of-Work and decentralization. BlockDAG doesn’t aim to compete with Bitcoin’s role; instead, it builds upon it, addressing key limitations by delivering better throughput and usability while maintaining PoW security standards. In today’s market, which rewards networks that combine scalability, decentralization, and utility, BlockDAG may be the most overlooked Layer 1 project with real potential. With its GLOBAL LAUNCH release coming August 11 and the presale nearing its upper cap, this is a narrowing window for early entry. Whether BDAG defines the next leading Layer 1 in 2025 is still an open question, but the current metrics, tech framework, and user base indicate it is well-positioned to do so.