Ethereum News Today: BlockDAG's F1-Grade Scalability Surpasses $430M Presale as Rivals Lag

The crypto market's spotlight has shifted to BlockDAG (BDAG), whose presale has surged past $430 million, fueled by 4,500+ developers and over 300 decentralized applications (dApps) in development. With its hybrid Directed Acyclic Graph (DAG) and Proof-of-Work (PoW) architecture, BlockDAG aims to redefine scalability while maintaining security-a stark contrast to projects like Toncoin (TON) and Bittensor (TAO), which face scrutiny over adoption and technical execution .

BlockDAG's momentum is underscored by its Binance AMA on October 24, a high-profile event that will debut roadmap updates and insights ahead of its "Genesis Day" launch. The project's presale, currently in Batch 31 at $0.0015 per token, has already sold 27 billion coins, with over 3.5 million users on its X1 app and 20,000+ miners deployed. This ecosystem-building approach-combining EVM compatibility, low-cost mining, and institutional-grade security audits-has drawn comparisons to established players like Chainlink and Render, though BlockDAG's focus on DAG-based scalability sets it apart .

Meanwhile, Toncoin's v2025.10 update and TAO's price rally to $438 highlight ongoing competition in the Layer-1 space. However, BlockDAG's testnet achievements, including 1,400 transactions per second, and its F1® partnership with the BWT Alpine Formula 1 Team signal a strategic push for mainstream adoption. The collaboration, described as a "global trust signal," leverages Formula 1's global audience to demystify blockchain, aligning speed and precision with the project's technical ethos .

Market dynamics further favor BlockDAG as Ethereum layer-2 networks face criticism from Solana co-founder Anatoly Yakovenko over security and centralization risks. With over 129 Ethereum L2s fragmenting liquidity, projects prioritizing native scalability-like BlockDAG-are gaining traction among investors seeking resilient infrastructure .

As the October 24 Binance AMA approaches, analysts anticipate heightened volatility. BlockDAG's transparent leadership, led by CEO Antony Turner, and its multi-year roadmap-including a November 26 mainnet launch-position it as a potential top-25 cryptocurrency by 2026. For now, early buyers using the "TGE" code can secure tokens at $0.0015 before price adjustments, a window critics argue could define the next bull cycle .