Ethereum News Today: BlockDAG Raises $342 Million in Presale, Aims for Top Cryptocurrency Spot by 2025

BlockDAG, a DAG-based, high-speed Layer 1 network, has garnered significant attention by combining Ethereum compatibility with Proof-of-Work security. The project has raised over $342 million and sold more than 24 billion BDAG coins in its presale, sparking interest in its potential as a top cryptocurrency in 2025. This article delves into the project's numbers, roadmap, and market positioning to assess its viability.

The presale of BlockDAG has been notable for its scale and structure. Raising $342 million before launch is unusual for a project at this stage, suggesting confidence from both everyday participants and possibly OTC and early-stage groups. The project has also secured 20 confirmed exchange listings, indicating a path toward real market depth and price backing. Additionally, BlockDAG has already launched a testnet, a smart contract builder that requires no complex coding, and an X1 miner app used by over 2 million users. More than 18,500 ASIC rigs have also been sold, demonstrating real output and not just ideas on paper.

BlockDAG's technical setup is one of its main strengths. It uses Directed Acyclic Graph (DAG) technology for speed and combines it with Proof-of-Work for secure processing. This combination addresses the challenge of balancing speed, safety, and decentralization. BlockDAG is designed to handle between 2,000 and 15,000 transactions per second, far more than Bitcoin or Ethereum. It also keeps its records secure using energy-based validation and is EVM-compatible, allowing developers to bring apps from Ethereum without changing their code. The platform includes a low-code tool, making it easier for non-coders to create smart contracts, which may appeal to a broader user base than chains like Solana or Avalanche.

BlockDAG is also taking steps to build its network before its official launch. The team has opened community grant programs, held hackathons in several countries, and set a goal to support over 1,000 dApps by 2026. This proactive approach aims to attract builders early so that when the coin becomes tradable, there are already apps in place that people can use. With BlockDAG’s testnet tools and no-code app builder already available, it’s possible the chain could have a strong app layer in place even before the mainnet goes live.

To address concerns about long token lockups, BlockDAG introduced a “NO VESTING PASS,” a limited-time offer where buyers receive 100% of their BDAG coins unlocked at launch. This offer, available for just 8 days, allows buyers to grab BDAG at a $0.0016 price with no vesting at all. This strategy aims to boost final-stage activity and let late buyers benefit like early ones. With a launch price of $0.05 already confirmed, this offer presents a possible 2,977% return, one of the largest short-term openings before market trading begins.

Looking ahead, the question of whether BDAG can reach $1 or $5 is a topic of interest. A $1 price tag would bring BlockDAG’s total value to about $50–$60 billion, assuming all coins are in circulation. That would place it in the top 10–15 crypto projects, a big leap, but not out of reach if past Layer 1 trends repeat. A more cautious outlook sees BDAG reaching $0.50 to $1 over the next 12 to 18 months. This outcome depends on strong growth across apps and DeFi, steady exchange activity, and whether its user base of over 2 million people becomes more active. The final result will hinge on how well BlockDAG transitions from a successful presale to a working, useful platform. So far, progress suggests that path is being followed.

BlockDAG appears to be one of the strongest new Layer 1 networks in this cycle. Its testnet is active, tools are already usable, and $342 million has been raised in crypto presale. This is not just a plan on paper; it is a network being built before the full launch. The real question is not “Is it a smart move?”, but “Can it be ignored at this stage?” With the NO VESTING PASS, the current $0.0016 price, and steady delivery of project milestones, BlockDAG may be among the top altcoins to watch closely as 2025 approaches.