Ethereum News Today: BlockDAG Rises on $365.5M Presale and 15,000 TPS DAG-PoW Innovation

BlockDAG, a Layer 1 blockchain, has raised $365.5 million in its presale, generating significant interest due to its innovative fusion of Directed Acyclic Graph (DAG) and Proof-of-Work (PoW) consensus mechanisms [1]. The hybrid design seeks to address a central challenge in the crypto market—balancing speed, security, and decentralization. While many blockchain projects prioritize speed through Proof-of-Stake models, BlockDAG’s DAG architecture enables asynchronous transaction confirmations, allowing it to process up to 15,000 transactions per second (TPS), vastly surpassing Bitcoin’s 7 TPS and Ethereum’s 30 TPS [1].

The blockchain has demonstrated tangible performance, handling up to 10 blocks per second during testing, and building a robust ecosystem [1]. Over 18,900 ASIC miners are already in use, forming a decentralized mining network. Additionally, more than 4,500 developers are working on over 300 decentralized finance (DeFi), Web3, and gaming applications on its active testnet. The X1 mobile mining app, which has attracted 2.5 million users, further expands its accessibility and user base [1].

A key differentiator for BlockDAG is its full Ethereum Virtual Machine (EVM) compatibility, allowing Ethereum-based smart contracts to run on the network without modifications [1]. This feature gives it a competitive advantage over other DAG-based chains like Kaspa and even Ethereum-based alternatives such as Solana. The platform also offers live tools, including a Demo Trading Platform where users can purchase BDAG at $0.0016 and practice selling through a demo mode.

With a fixed launch price of $0.05 set for its August 11 global launch, early investors could see a potential 3,025% return from the current price of $0.0016 [1]. Some analysts predict BDAG could reach $1 within 12 to 18 months, representing a potential 625x increase from its current valuation [1]. These forecasts are based on the project’s strong fundamentals, including high transaction speeds, robust security, and early user adoption.

BlockDAG’s ecosystem is supported by practical tools, such as a Cold Wallet and a Demo Trading Dashboard, which facilitate user onboarding. Miners benefit from increasing hashrate and rewards, while the project has secured more than 20 exchange listings, enhancing its scalability and global reach [1].

As the global launch date approaches, the project is moving beyond conceptual discussions to demonstrate real-world utility. If BlockDAG performs as expected, it could attract both retail and institutional users seeking a secure, fast, and scalable Layer 1 solution. With its $365.5M raise, BlockDAG is positioned to expand application development, increase global adoption, and support long-term price appreciation.

Sources:

[1] Analytics - [https://www.analyticsinsight.net/cryptocurrency-analytics-insight/blockdags-3655m-surge-fuels-excitement-as-dag-pow-combo-unlocks-new-era-of-speed-and-security](https://www.analyticsinsight.net/cryptocurrency-analytics-insight/blockdags-3655m-surge-fuels-excitement-as-dag-pow-combo-unlocks-new-era-of-speed-and-security)

[2] Analytics - [https://www.analyticsinsight.net/cryptocurrency-analytics-insight](https://www.analyticsinsight.net/cryptocurrency-analytics-insight)