BlockDAG Raises $298 Million in Presale, Eyes NBA Collaboration

BlockDAG, a blockchain project, has raised over $298 million during its presale, with 22.4 billion coins sold. The project has gained significant attention due to its strong technical infrastructure, broad accessibility, and real-world visibility. One of the key factors driving this momentum is the potential collaboration with the NBA, which has sparked a buying frenzy among investors. The project's X1 mobile mining app has also contributed to its success, attracting over 1.5 million users by allowing anyone to earn BDAG coins without the need for hardware, coding skills, or complex setup.

Hyperliquid, another blockchain project, has seen a shift in its growth trajectory. After a strong breakout earlier this year, its growth has stabilized as the platform focuses on consolidating and refining its core offerings. The project's frictionless perpetual exchange has earned credibility among active DeFi traders, but recent cooldown in momentum has allowed Hyperliquid to reinforce its infrastructure without being overloaded by early speculation.

Ethereum, the backbone of decentralized finance, has shown mixed signals recently. A $159 million ETH transfer by a whale wallet has sparked discussion among on-chain analysts, who see this as a sign of caution. Ethereum's price has been holding within a narrow range, and big holders are waiting for stronger signals before making significant moves. While Ethereum remains essential to the crypto ecosystem, newer projects like BlockDAG are generating more visible momentum with active user engagement and measurable milestones.

BlockDAG's potential NBA collaboration is a significant development for the project. While details remain unconfirmed, hints suggest potential courtside branding, fan campaigns, and possibly a token-linked experience. If realized, this would place BlockDAG in front of one of the most visible global sports audiences, a major leap for a project still in presale. This strategy of merging culture with crypto is not new for BlockDAG, as past campaigns with Inter Milan and UFC fighter Alex Pereira have shown a consistent approach to gaining mainstream attention.

BlockDAG's success can be attributed to its combination of credibility, community, and culture. From gamified Buyer Battles to a scalable DAG structure and EVM compatibility, BlockDAG is building something different and much broader than its competitors. The project's clear intent and measurable momentum set it apart in a market often fueled by quick narratives and fleeting momentum. With $298 million raised, 1.5 million users on its X1 app, and a potential NBA campaign in motion, BlockDAG is positioning itself far beyond the scope of a typical crypto presale. If this pace holds, it could become one of the most recognizable blockchain names by the end of the year and a serious contender for long-term relevance.