BlockDAG Attracts $358M Presale and 4,500 Developers Amid Rising 2,660% Price Surge

BlockDAG (BDAG) has emerged as a key contender in the 2025 cryptocurrency landscape, with over 4,500 developers already building more than 300 live applications across DeFi platforms, AI-integrated tools, and utility-driven dApps before its official launch [1]. This early developer activity represents a departure from the traditional blockchain model, where projects often launch first and then seek developer adoption. In contrast, BlockDAG is leveraging real-world utility and developer traction to drive growth from the outset [1].

The project has raised $358 million through its presale, with over 24.5 billion BDAG coins sold. The price has surged by 2,660% since its initial batch and is currently trading at $0.0276 in batch 29 [1]. Analysts have pointed to a potential future price of $5, citing the growing ecosystem, utility, and the locked $0.0016 launch price set for August 11 [1]. This combination of high presale capitalization and increasing on-chain activity positions BlockDAG among the top projects to watch in 2025.

Meanwhile, SUI continues to experience short-term volatility, with a 7.39% drop in the last 24 hours and a current price below both its 50-day and 200-day moving averages. Despite a 35% gain over the past month, the recent $223 million Cetus Protocol hack has raised concerns among traders [1]. While long-term potential remains, the near-term outlook is marked by uncertainty as the broader market adjusts and profit-taking pressures weigh on performance.

The Pi Network also faces challenges as it approaches an August token unlock, with 156 million tokens set to enter circulation. This increased supply could pressure the Pi price, especially with RSI at 38.92 and rising bearish sentiment. If the token dips below $0.40, it risks setting a new all-time low. Without strong demand signals, the $68 million unlock could further suppress short-term performance [1].

The contrast between these projects is clear: while SUI and Pi are battling short-term volatility and token supply issues, BlockDAG is demonstrating early traction with real-world applications, developer engagement, and capital raising. These factors position it as a potential leader in the next wave of blockchain innovation [1].

Source: [1]https://coinmarketcap.com/community/articles/688d640ef657cc5b3b8578ab/