BlockDAG’s Retail-Driven Revolution Challenges Pi’s Struggles

The Pi Network is preparing for a significant protocol upgrade, transitioning from Version 19 to 23, which will bring enhanced functionalities and a more decentralized Know-Your-Customer (KYC) verification system [1]. This upgrade, based on Stellar v23 but customized for Pi Network, aims to improve user control and streamline the verification process. The team emphasized that the KYC process will be distributed and community-driven at the protocol level. Despite the improvements, the PI token has struggled to maintain value, trading below $0.35 and down over 88% from its all-time high in February. The token faces further pressure in September with scheduled unlocks totaling over 22 million coins [1].

Meanwhile, BlockDAG has emerged as a strong contender in the cryptocurrency space, having raised nearly $397 million in presale funding and attracting over 3 million users through its X1 mobile mining app [2]. The project is now in its final presale phase, with a fixed price of $0.0013 per BDAG token and a guaranteed listing price of $0.05. Analysts are projecting potential price targets of $1 in the short term and up to $10 in the long term, based on current user growth and infrastructure development [2]. The X10, X30, and X100 hardware miners are already being shipped, with over 19,000 units distributed globally, further solidifying the project’s credibility [3].

What sets BlockDAG apart is its user-centric approach and decentralized funding model. Unlike many crypto projects that rely on venture capital, BlockDAG’s growth has been driven entirely by retail investors, resulting in a more equitable token distribution with over 312,000 unique holders [3]. The project has also integrated referral incentives, allowing users to earn additional BDAG tokens for inviting others, which has contributed to its rapid global adoption. Daily user acquisition remains robust, with an average of 25,000 new users joining each day from over 130 countries [3].

The project’s expansion is not limited to user growth. BlockDAG has partnered with high-profile entities, including sports teams and influencers, to increase visibility and attract new audiences. These partnerships, combined with the deployment of physical hardware and active onboarding events, have positioned BlockDAG as a project with real-world utility and infrastructure [2]. Additionally, the project is set to launch on 20 major exchanges, including MEXC, BitMart, and LBank, which should further boost liquidity and accessibility [2].

Despite the growing optimism around BlockDAG, the broader crypto market remains volatile. For instance, Hyperliquid’s HYPE token has shown fragility due to whale concentration and heavy reliance on buybacks, raising concerns about long-term sustainability and broad adoption [4]. In contrast, BlockDAG’s model emphasizes organic growth and user engagement, making it more resilient to speculative market shifts. With its affordable entry price and scalable infrastructure, BlockDAG is being positioned as a potential leader in the 2025 crypto landscape [4].

Source:

[1] Massive Pi Network Update Drops: What Every PI User ... (https://cryptopotato.com/massive-pi-network-update-drops-what-every-pi-user-needs-to-know/)

[2] 3M Users Mining BlockDAG: From $0.03 to $10? (https://www.cryptoninjas.net/news/3m-users-mining-blockdag-from-0-03-to-10/)

[3] BlockDAG Proves Credibility With 3M App Users, $397M ... (https://crypto-economy.com/the-numbers-dont-lie-3m-app-users-397m-raised-312k-global-holders-why-blockdag-is-unstoppable/)

[4] BlockDAG Launches in Singapore with Exclusive $0.0013 ... (https://intellectia.ai/news/crypto/blockdags-singapore-deployment-event-and-special-00013-price-put-it-ahead-of-ethereum-and-hype-in-2025)