BlockDAG Raises $314 Million in Presale, Sells 22.9 Billion Coins

BlockDAG, a prominent cryptocurrency project, has made significant strides in its presale, raising $314 million and selling over 22.9 billion BDAG coins. This achievement places BlockDAG among the most successful presales of the current market cycle, positioning it as one of the most popular cryptocurrency projects of 2025. The project's total supply is capped at 60.8 billion BDAG, and if all coins enter circulation at current valuation levels, BlockDAG would have a fully diluted market cap of around $3.4 billion, comfortably placing it within the top 50 global crypto assets.

BlockDAG's success is not merely based on hype but on a well-structured roadmap focused on infrastructure delivery and ecosystem scale. The project is advancing carefully, with a focus on stable liquidity, technical expansion, and progressive decentralization to support its long-term valuation. Key to this foundation is its mining lineup, which includes the X1 mobile app, the mid-range X30, and the enterprise-level X100 miners. Paired with staking incentives and growing real-world use cases, BlockDAG is creating a platform that can support sustained value well beyond its presale phase.

Meanwhile, Avalanche (AVAX) has shown signs of renewed confidence, with its price trading between $19 and $22. The network has seen nearly a 90% increase in active wallet addresses and a 30% uptick in transaction volume. This cost efficiency continues to support Avalanche’s case as a practical blockchain for both developers and users. Ethena (ENA), on the other hand, is hovering just below a key resistance point at $0.37, which aligns with its 100-day moving average. This level has become a critical hurdle for bullish traders hoping to build upward momentum. Retail and mid-sized wallets are quietly buying, but larger holders are not fully onboard, adding caution to the outlook.

In summary, while Avalanche continues to gain from its rising network engagement and Ethena wrestles with near-term resistance, BlockDAG is moving on a more comprehensive track. Its presale numbers, wide coin circulation, and focus on actual utility create a foundation that is both stable and scalable. With mining models that suit all user levels, staking built into the ecosystem, and a clear roadmap guiding each phase, BlockDAG is positioned for consistent long-term growth. Among the many contenders in the popular cryptocurrency space, it is quickly emerging as a well-structured project with real staying power.