BlockDAG Surpasses $371M in Presale, Nears $600M Fundraising Target

BlockDAG, a hybrid Layer 1 blockchain project, has surpassed $371 million in its presale, marking it as the top crypto presale of the year so far. The project is now halfway toward its $600 million fundraising target, demonstrating significant early adoption and investor confidence ahead of its planned listing later this year [1]. At the current batch price of $0.0276, presale participants are acquiring tokens well below the expected listing price of $0.05. Analysts suggest that if the token reaches $1 post-listing, it could represent a 1,733% return for early buyers [1].

The project’s ecosystem is already showing robust growth, with over 2.5 million active users on its X1 mobile miner app and more than 200,000 BDAG token holders. Nearly 19,000 ASIC miners have also been sold, contributing to a decentralized hashrate ahead of the mainnet launch [1]. On the development side, over 4,500 builders are actively working within the BlockDAG framework, with over 300 decentralized applications (dApps) currently in development [1]. This level of preparation positions BlockDAG to enter the mainnet phase with a fully operational ecosystem, a rare advantage among emerging Layer 1 networks.

BlockDAG’s architecture combines Directed Acyclic Graph (DAG) and Proof-of-Work (PoW) consensus models, offering scalability while maintaining security and Sybil resistance [1]. Its Ethereum Virtual Machine (EVM) compatibility further enhances developer appeal by allowing Ethereum-based applications to migrate with minimal modifications [1]. This reduces development time and accelerates ecosystem growth, providing a competitive edge in a crowded blockchain market.

The speed at which BlockDAG has raised funds outpaces many notable blockchain launches. For example, Avalanche raised approximately $350 million before listing, and Aptos secured $200 million [1]. With over $371 million already raised, BlockDAG has exceeded both figures and is on track to potentially become one of the largest Layer 1 fundraising efforts in the past decade if it meets its $600 million goal.

Industry analysts highlight that the convergence of advanced technology, early adoption, and substantial capitalization could position BlockDAG as a leading Layer 1 project within its first year [1]. Some forecasts suggest a gradual increase toward $1 post-listing, representing over 3,500% growth from the current presale price [1]. However, these projections remain speculative and should be treated as analyst outlooks rather than guaranteed outcomes.

With daily inflows continuing, the presale is now in a fast-growth phase. The opportunity to purchase tokens at the current rate is expected to diminish rapidly [1]. If the fundraising pace remains consistent, reaching the $600 million target before the presale concludes appears highly likely [1].

BlockDAG’s approach to launch differs from many blockchain projects by entering the market with an engaged user base, an active developer network, and a fully operational testnet [1]. This level of preparedness, combined with strong liquidity and funding, sets the project apart in a market where many new entrants begin with only a concept and limited infrastructure.

Source: [1] BlockDAG Crosses $371M in Top Crypto Presale Push to $600M (https://coinmarketcap.com/community/articles/689bf2c182c4de089e9d1bb0/)