BlockDAG Raises $324 Million in Presale, Onboards 2 Million Users

BlockDAG has emerged as a significant player in the cryptocurrency market, gaining traction with its 100 million coin airdrop and a successful presale campaign. The project has raised over $324 million in presale funding and has onboarded 2 million users to its X1 mining app. This momentum positions BlockDAG as a potential leader in the next cycle peak, especially as Ethereum and SUI face challenges in maintaining market attention.

Ethereum, once a dominant force in smart contracts, has seen a 35% drop since the start of 2024, while Bitcoin and the S&P 500 have shown gains of 58.1% and 10.4%, respectively. Despite significant ETH activity, including $274 million in new ETH transactions and a $29.7 million increase in stablecoin deposits, Ethereum's price decline indicates a need for real progress to regain market confidence. In contrast, BlockDAG's growth is driven by real user actions, mobile-first mining, and a fast-moving presale rollout, all backed by delivery.

SUI, another Layer 1 project, has also faced a significant decline, dropping 8.99% in the last 24 hours and over 20% in the past week. Despite a 129% jump in daily trades to $1.42 billion, SUI's price path remains uncertain. Some analysts predict a return to $4 if sentiment improves, but others see the momentum fading without fresh news. Price predictions for 2025 range from $1.92 to $5.35, with many expecting an average near $2.17. While SUI's strong foundation remains, its ability to lead the charts is less certain.

BlockDAG's 100 million coin airdrop has become one of the most active campaigns in the space, with users completing testnet tasks, joining presale missions, and meeting referral goals to earn coins. This engagement provides real-time feedback before the mainnet goes live. The X1 App, with over 2 million users across more than 100 countries, offers easy mining through daily taps, making it accessible without expensive equipment or high energy use. BlockDAG's confirmed listings on 20 major centralized and decentralized exchanges, including MEXC, LBANK, CoinStore, XT.com, and BitMart, further enhance its visibility and accessibility.

In today's changing market, having a strong name or design is not enough. Clear traction, user reach, and working tools are what matter. While Ethereum and SUI face uncertainty, BlockDAG is drawing interest for more active reasons. With its 100M coin airdrop, rising numbers on the X1 app, confirmed exchange access, and a presale that has crossed $324 million, BlockDAG is shaping its place in the market. Those following the top crypto coins gaining real-world progress are now looking at BlockDAG as more than a potential name; it might already be part of the list.