Ethereum News Today: BlockDAG Surges 60% in Presale as Cardano Cronos and Mantle Gain Momentum

Generated by AI AgentCoin World
Wednesday, Aug 6, 2025 11:22 pm ET1min read
Aime RobotAime Summary

- BlockDAG gains traction with DAG architecture, $0.0016 presale price, and 1M+ X1 app downloads, raising $363M in funding.

- Cardano (ADA) reaches $250M TVL with Hydra scaling, trading at $0.46–$0.48 with potential $0.60 breakout forecasts.

- Cronos ($CRO) strengthens via $0.097 price stability, growing DeFi/NFT adoption, and Crypto.com's 18M+ user base support.

- Mantle (MNT) at $0.71 offers Ethereum Layer 2 solutions with $2B treasury, staking incentives, and gas fee advantages.

With Bitcoin and Ethereum showing less movement recently, attention in the cryptocurrency market has shifted to altcoins demonstrating growth or offering innovative solutions. BlockDAG, Cardano, Cronos, and Mantle are currently standing out due to strong presale traction, rising TVL, growing user adoption, and solid technical foundations [1].

BlockDAG is drawing attention for its DAG-based architecture and EVM compatibility, which provide scalability and fast transaction speeds [1]. The project has launched a presale at $0.001, with the price now at $0.0016 and a confirmed listing price of $0.05. Over $363 million has been raised, with 24.7 billion tokens sold and more than 18,600 mining devices purchased. The X1 mining app, already live with over 1 million downloads, is boosting early adoption through features like referral rewards and leaderboards [1].

Cardano continues to build momentum despite a slower climb compared to some of its peers. The platform has reached over $250 million in TVL, with key projects like Minswap and SundaeSwap leading the charge. Hydra scaling has also been implemented to improve network speed and reduce costs. ADA is currently trading around $0.46–$0.48, and some analysts predict a potential breakout to $0.60 if the trend continues [1].

Cronos ($CRO) has shown resilience in a volatile market, trading around $0.097 and gaining strength in on-chain activity and token velocity. The Crypto.com chain supports a growing number of DeFi and NFT projects and includes accelerator programs to foster innovation. The token benefits from the user base of the Crypto.com platform, with recent growth in daily transactions and wallet counts indicating real-world utility [1].

Mantle is gaining traction as an Ethereum Layer 2 solution with modular architecture and lower gas fees. The project holds nearly $2 billion in its treasury, supporting growth and development. At $0.71, MNT is seen by some as undervalued. Staking MNT for Mantle Staked Ether (mETH) enhances token demand across DeFi platforms. The coin aligns well with the current narrative around Ethereum Layer 2 solutions, making it a potential beneficiary if Ethereum experiences a significant price increase [1].

The momentum behind these four projects is rooted in real activity and measurable growth. BlockDAG is seeing strong adoption through its presale and mining app, while Cardano continues its steady climb. Cronos is benefiting from the existing user base of the Crypto.com platform, and Mantle offers a robust staking mechanism and treasury support. With entry points ranging from $0.0016 to nearly $1, these coins remain accessible to a wide range of investors.

Source: [1]Top Crypto Coins Right Now: BlockDAG, Cardano, Cronos, and Mantle are the Ones to Watch (https://coinmarketcap.com/community/articles/689417d74efbf54e608dc833/)

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