BlockDAG Raises $320.5 Million, 2 Million Users Mining Before Mainnet Launch

Generated by AI AgentCoin World
Tuesday, Jun 24, 2025 5:12 pm ET2min read

BlockDAG, a cryptocurrency project, has distinguished itself in the rapidly evolving crypto landscape by focusing on real infrastructure, clear delivery, and lasting value. The project has already raised over $320.5 million and sold 23.2 billion coins during its presale. It has launched a live testnet, deployed working decentralized applications (dApps), and delivered more than 18,000 ASIC mining rigs. Additionally, 2 million users are actively mining through its mobile app, demonstrating a strong user base and engagement even before the mainnet launch.

BlockDAG’s progress towards its $600 million presale goal is driven by tangible utility rather than mere marketing hype. The project has already implemented a no-code Smart Contract Builder, which is live and being used by developers. The open testnet is operational for real-time smart contract and node testing. This utility is a key differentiator, as users are not waiting for a concept but are already interacting with a functional blockchain.

One of the indicators of a strong Layer 1 chain is early developer activity, and BlockDAG has shown significant interest from developers. Its low-code contract builder is enabling both coders and non-coders to launch apps even before the coin launch. Over 1,000 dApps are expected to be deployed by 2026, and a live grant program is attracting real developer interest months before exchanges go live. The EVM-compatible architecture makes it easy for Ethereum developers to migrate and deploy quickly, further enhancing its appeal.

BlockDAG’s ambitions in the decentralized finance (DeFi) space are complemented by its mining efforts. More than 18,000 ASIC miners have been purchased, marking one of the most aggressive pre-launch rollouts in the crypto industry. The X30 and X100 models will begin shipping on July 7, while the compact X10 version will roll out on August 15. These miners provide network decentralization and give BDAG a security foundation tied to hardware, not hype. This approach contrasts with other Layer 1 projects that skip mining for soft staking models, reinforcing BlockDAG’s position as a robust and secure network.

Unlike many presales that struggle for traction, BlockDAG already has over 2 million users engaged with the network through the X1 App. The mobile mining platform runs on a Proof-of-Engagement system, turning tap-to-earn into wallet-ready coin rewards. This creates a live user base before the mainnet even launches, making the X1 app more than just a mining tool; it is a distribution engine for BDAG and a social layer for long-term growth. This level of adoption pre-launch is rare in the crypto space, further solidifying BlockDAG’s status as a top investment choice for 2025.

BlockDAG’s six-week launch format demonstrates institutional discipline and precision. In the final week of the presale, wallet migrations and point conversions to BDAG will be completed. Two weeks later, the mainnet will activate, and the mining infrastructure will go live. Community node operations will follow, and the DeFi stack will activate, including staking, decentralized exchanges (DEXs),

, lending, and bridges. By the time BDAG hits exchanges, the ecosystem will already be running, reflecting a launch designed for stability and immediate use.

With $320.5 million already raised, a locked-in listing price of $0.05, and a limited-time offer at just $0.0020 until June 24, BlockDAG is poised to deliver one of the highest potential returns on investment (ROI) in the 2025 market. Its hybrid model combines Bitcoin’s security, Ethereum’s smart contract compatibility, and Kaspa’s transaction speed, creating a powerful foundation for real-world use. The early execution and active ecosystem, including live grants, developer apps, mining rigs, and a growing base of mobile miners, set BlockDAG apart as a leading crypto investment for 2025.