BlockDAG Surges on 4500 Developers as SUI Slumps 7.39% and Pi Faces 156M Token Supply Shock

Recent developments in the cryptocurrency market have highlighted both caution and optimism, with projects like BlockDAG (BDAG) gaining significant traction while others, such as SUI and Pi Network, face uncertainty. SUI has experienced a sharp decline of 7.39% in the last 24 hours, despite a 35% monthly gain, and is currently trading below its 50-day and 200-day averages. Technical indicators such as the RSI (38.19) and MACD histogram (-0.017) suggest a bearish outlook, compounded by recent security issues like the $223 million exploit on Cetus Protocol[1].

Meanwhile, the Pi Network is bracing for a potential price drop due to a scheduled token release of 156 million tokens in August. This increased supply could intensify selling pressure, particularly if the price drops below $0.40, potentially reaching an all-time low. Although a recovery to $0.46 is possible, the looming supply challenge remains a key concern without a corresponding rise in buyer demand[1].

In contrast, BlockDAG is generating strong momentum ahead of its mainnet launch. With over 4,500 active developers and 300+ live projects already in progress, the platform is demonstrating a level of real-world adoption rarely seen before launch. These projects include DeFi platforms, AI tools, and functional dApps operating directly on BlockDAG’s Layer 1 protocol. As these applications require BDAG coins for transactions, smart contracts, and network services, the growing ecosystem is expected to drive demand for BDAG as project deployment increases[1].

The project has already sold over 24.6 billion BDAG coins, with presale funding surpassing $358 million. Participants in the initial batches have seen over 2,660% growth in value, and the presale is currently in batch 29, with BDAG priced at $0.0016 until August 11. The BEAT VESTING PASS offer has also been extended until August 4, further fueling interest in the project[1].

Analysts suggest that with such strong foundational growth, BlockDAG is emerging as one of the top cryptocurrencies to buy in 2025. The combination of high developer engagement, presale success, and real project deployment points to significant long-term potential for the platform and its native token.

Source: [1] BlockDAG’s 4,500 Builders Drive $5 BDAG Price Outlook! SUI Drops 7% & Pi Unlocks 156M Tokens (https://coinmarketcap.com/community/articles/688cce379a67cb42b527947a/)