BlockDAG Presale Hits $358M With 2.5M App Users and 24.4B Tokens Sold

Ethena has surged in the DeFi landscape, with its total value locked (TVL) reaching approximately $7.72 billion—a 40% increase since July 1. The project’s synthetic stablecoin, USDe, now accounts for 73% of TVL, underscoring growing demand for decentralized yield strategies [1]. Meanwhile, the ENA token has nearly tripled in value, climbing from $0.25 to $0.67 as anticipation builds around the upcoming launch of Stablecoin X [2].

Cronos (CRO) has also shown signs of upward momentum, rising above $0.145 following a rebound from support at $0.136. This rally was supported by growing futures interest and new institutional integrations, particularly through Crypto.com’s custody services, which added 15 million THETA tokens to their portfolio [3]. Open interest for CRO futures has surged to over $49.3 million, reflecting heightened bullish sentiment and technical indicators suggesting further upward potential [4].

In contrast, BlockDAG (BDAG) has emerged as a standout performer with a viral mining demonstration and strong presale traction. The project recently showcased how its X1 mobile miner, when combined with the X10 hardware, can amplify daily mining rewards by 10 times—from 20 to 200 BDAG. The X1 app has already attracted over 2.5 million active users, illustrating rapid adoption [5]. Additionally, BlockDAG’s presale has raised over $358 million and sold more than 24.4 billion tokens, with hardware units surpassing 18,800 in sales [6]. The project is currently in Batch 29, with coins priced at $0.0276, while a limited release at $0.0016 remains available until August 11 [7]. With the official listing price set at $0.05, early investors in Batch 1 have already seen returns of up to 2,660%, indicating strong project confidence [8].

BlockDAG appears to be gaining momentum through scalable mining solutions, broad user adoption, and robust financial performance. As of now, Ethena continues to climb in TVL and DeFi rankings, while Cronos benefits from institutional backing and positive technical signals. However, BlockDAG’s live mining demo, large user base, and presale success position it as a leading contender in the 2025 crypto landscape [9].

[1] Ethena’s TVL and synthetic stablecoin USDe growth

[2] ENA token price surge and Stablecoin X anticipation

[3] CRO price rally and institutional integrations

[4] CRO futures open interest and technical indicators

[5] BlockDAG mining demo and X1 app adoption

[6] BlockDAG presale figures and token sales

[7] BlockDAG batch pricing and limited release details

[8] Early returns for Batch 1 investors

[9] Overall momentum and positioning of BlockDAG compared to Ethena and Cronos

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[1] [2] [3] [4] [5] [6] [7] [8] [9] [https://coinmarketcap.com/community/articles/688cc9eacda5c7416519042e/]