BlockDAG Preps X1-X10 Mining Demo as BNB Surges 50% Toward $1K, HBAR Tests Key Support

BlockDAG is set to launch a live demonstration of its X1 and X10 mining protocols on July 13, 2025, showcasing a 10x increase in mining efficiency. The demo will illustrate how the X1 mobile miner and X10 hardware miner combine to amplify daily BDAG output, offering a hands-on look at the technology’s performance. This event marks a critical phase in BlockDAG’s development, emphasizing its hybrid BlockDAG architecture that merges blockchain with directed acyclic graph (DAG) structures to reduce energy consumption and transaction times [1]. The project has raised over $350 million in its presale, with a fixed price of $0.0016, positioning it as a top crypto project to watch amid growing interest in energy-efficient solutions [1].

Binance Coin (BNB) continues to climb, having surged over 50% from its yearly lows and recently reaching $765. Strong decentralized exchange (DEX) volume and monthly coin burns—exceeding $1 billion—support its upward trajectory. Analysts highlight that if BNB breaks the $792 resistance level, it could advance toward a $1,000 target, a projection often cited in market analysis but not tied to a specific firm or individual [1]. The token’s dominance in stablecoin transactions and DEX activity, including $191 billion in recent volume, underscores its role in Binance’s expanding ecosystem [1].

Meanwhile, Hedera’s HBAR token tests key support levels after a five-month rally to $0.27. While momentum remains bullish, the RSI’s overbought position above 70 raises caution about a potential pullback. Traders monitor a $46 million liquidation risk should HBAR dip to $0.24, which could trigger downward pressure. A sustained close above $0.26, however, may pave the way for a move toward $0.30, contingent on continued adoption of Hedera’s enterprise solutions in sectors like supply chain management [1].

BlockDAG’s demo represents a strategic response to industry demand for scalable, low-energy consensus mechanisms. By demonstrating real-world performance improvements, the project aims to validate its technical claims and differentiate itself from competitors. BNB’s $1,000 projection hinges on broader market conditions and institutional adoption, while HBAR’s short-term outlook remains sensitive to liquidity pressures. Investors are advised to approach speculative targets cautiously, as actual outcomes may diverge from projections. The X1-X10 demo offers a concrete benchmark for assessing BlockDAG’s potential to influence market sentiment through tangible performance metrics [1].

Source: [1] [title:BlockDAG Preps X1-X10 Mining Demo While BNB Targets $1K and HBAR Tests Key Support] [url:https://coinmarketcap.com/community/articles/688194c730ae1d2233474a52/]