Ethereum News Today: BlockDAG, Cardano, Cronos, Mantle Attract Attention With Real-World Utility And Growth

Generated by AI AgentCoin World
Thursday, Aug 7, 2025 1:26 pm ET1min read
Aime RobotAime Summary

- BlockDAG's DAG-based architecture and $364M presale highlight its EVM-compatible scalability and 1M X1 app downloads.

- Cardano (ADA) strengthens with $250M+ TVL growth and Hydra scaling, trading near $0.47 with $0.60 breakout potential.

- Cronos (CRO) leverages Crypto.com's ecosystem, trading at $0.097 with rising DeFi/NFT adoption and 19K+ wallet growth.

- Mantle's $2B treasury and Ethereum Layer 2 positioning drive $0.71 MNT staking demand through mETH conversions.

- These four projects demonstrate measurable traction through active presales, expanding TVL, and real-world blockchain adoption.

As the crypto market shifts focus from

and to promising altcoins, BlockDAG, , Cronos, and Mantle have emerged as notable names. These projects are attracting attention not just for price action, but for real-world utility, infrastructure, and user engagement [1].

BlockDAG is making waves ahead of its mainnet launch with a DAG-based architecture that supports smart contracts and EVM compatibility, positioning itself as a faster and more scalable alternative to traditional blockchain models [1]. The X1 mining app has already recorded over 1 million downloads, and the presale has raised $364 million by selling 24.8 billion tokens at $0.0016 each, with future listing plans projecting a price of $0.05. Over 19,000 mining devices have also been purchased, signaling strong early traction [1].

Cardano (ADA), while moving more slowly than its peers, is steadily building strength in its TVL, which now exceeds $250 million. Projects like Minswap and SundaeSwap are leading DeFi activity on the network. The recent deployment of Hydra scaling is improving network efficiency and reducing costs [1].

is currently trading between $0.46 and $0.48, with some analysts forecasting a potential breakout near $0.60 if the upward trend continues [1].

Cronos (CRO), built on the Crypto.com blockchain, continues to attract attention through consistent chain activity and real-world adoption. The token is currently trading near $0.097 and benefits from the user base of the Crypto.com ecosystem, including its exchange and crypto card. Rising transaction volumes and wallet growth are being driven by DeFi and NFT applications, supported by Cronos Labs through innovation programs [1].

Mantle is gaining momentum as an Ethereum Layer 2 solution that provides faster transactions and lower fees. The project holds nearly $2 billion in its treasury, supporting development and community incentives. With a price near $0.71, some view it as undervalued. Staking activity is growing, as MNT can be converted into Mantle Staked Ether (mETH), which drives demand in DeFi applications [1]. Mantle’s alignment with Ethereum’s broader Layer 2 narrative positions it as a solid long-term bet [1].

The appeal of these four names lies in their tangible progress—whether through active presales, expanding TVL, real-world usage, or scalable infrastructure. Each offers a distinct value proposition that is currently measurable rather than speculative [1].

Source: [1]Top Crypto Coins Right Now: Why BlockDAG, Cardano, Cronos, and Mantle Are in the Spotlight (https://www.livebitcoinnews.com/top-crypto-coins-right-now-why-blockdag-cardano-cronos-and-mantle-are-in-the-spotlight/)