BlockDAG Hits 2.5M X1 Users Driven by 364M Presale and 18K ASIC Sales

BlockDAG (BDAG) is rapidly reshaping expectations in the blockchain space, having grown its ecosystem at an unprecedented pace. From 200,000 token holders to 2.5 million X1 app users within a short timeframe, the project is setting a new benchmark for Layer 1 networks. The project, which has already sold 18,000 ASIC miners and raised over $364 million in its presale, is demonstrating a model where user engagement and active tool deployment drive growth before public listing[1].

The X1 mobile miner app plays a pivotal role in this growth. It allows users to simulate mining BDAG, effectively onboarding them into the network and fostering early participation. This active engagement has proven to be more than just speculative interest—it has translated into tangible presale conversions, with users converting their interest into investments. This is a departure from traditional presale models that rely heavily on speculation[1].

BlockDAG’s technical infrastructure also supports its rapid scaling. The project’s hybrid BlockDAG and Proof-of-Work architecture enables high throughput, with testing reaching up to 10 blocks per second and transaction speeds between 2,000 and 15,000 transactions per second. This performance surpasses many existing Layer 1 solutions, positioning BlockDAG as a viable option for scalable, decentralized applications[1].

The ecosystem is further supported by active development across multiple fronts. Over 4,500 developers are currently building more than 300 decentralized apps (dApps) on the network. Additionally, the platform already features a live Demo Trading Platform, where users can purchase BDAG at $0.0016 and simulate trading ahead of the official listing. A Cold Wallet is also in the final stages of development, aiming to improve token security for users[1].

With the confirmed public launch scheduled for August 11, BlockDAG is on track to reach a $600 million presale target, a rare feat in the crypto industry. The current presale price of $0.0016 offers early participants potential returns of up to 3,025% if the token reaches its listing price of $0.05. Analysts have also speculated that if the token reaches $1 within the first year, early investors could see returns of up to 625x[1].

What sets BlockDAG apart is the fact that its ecosystem is already operational. Unlike many projects that remain theoretical until their public launch, BlockDAG’s tools are live, its users are active, and its miners are in circulation. This real-world adoption and infrastructure are critical indicators of the project’s potential for long-term success[1].

Source: [1] BlockDAG’s Ecosystem Explodes: 200K Holders to 2.5M X1 Users in Record Time! (https://coinmarketcap.com/community/articles/6894dd13ee5c4d37240e3ce1/)