Hyperliquid News Today: BlockDAG's Runaway Train Presale Defies Crypto Market Jitters

Hyperliquid (HYPE) and AAVE have seen recent price surges, but the crypto market's attention is increasingly turning to BlockDAG, a project that has raised nearly $435 million in its presale. As the digital asset sector grapples with broader market volatility, BlockDAG's rapid fundraising pace—now in its 32nd batch at $0.005 per coin—has positioned it as a standout contender ahead of its February 2026 exchange debut. The project's presale, which has attracted over 312,000 holders, reflects a rare blend of institutional credibility and grassroots enthusiasm, according to a Crypto.news report.

Hyperliquid's price action, meanwhile, has been dragged lower by macroeconomic headwinds. According to a CoinMarketCap analysis, the token fell 2.82% in the past 24 hours, underperforming its 7-day gain of 14.05%. Analysts attribute the decline to a broader risk-off sentiment in crypto markets, with the Fear & Greed Index hitting 34, a stark drop from 43 a month prior. Technical indicators also point to a pullback, with HYPE failing to break through the $46.1 pivot point and testing Fibonacci support at $45.42. A brief API outage on October 30 further spooked traders, though the platform confirmed no security breaches.

BlockDAG's presale, however, continues to defy the market's jitters. The project's $0.005 price in Batch 32 represents the final entry point before its $0.05 listing, a 10x move that has drawn comparisons to historic Layer-1 breakout projects. With 20,000 X-series miners already sold and a $435 million war chest, BlockDAG's infrastructure is being hailed as a "runaway train" by analysts. The project's technology—a hybrid of Bitcoin's Proof-of-Work security and a Directed Acyclic Graph (DAG) framework—promises 15,000 TPS throughput while maintaining decentralization. Over 4,500 developers have already joined its Awakening Testnet, signaling early adoption, according to a Digital Journal report.

The presale's success has also sparked comparisons to other high-profile crypto projects. Stellar (XLM) and Sei (SEI), both of which are consolidating after recent price declines, pale in contrast to BlockDAG's momentum. While XLM trades in a tight $0.29–$0.35 range and SEI shows early signs of a reversal from its falling wedge pattern, BlockDAG's presale has already secured a decentralized base of holders. This, proponents argue, insulates it from the post-launch volatility that plagues smaller projects.

For investors, the stakes are high. BlockDAG's public leadership—led by CEO Antony Turner and blockchain pioneer Dr. Maurice Herlihy—adds a layer of credibility often absent in anonymous crypto ventures. A partnership with Formula 1's BWT Alpine team further amplifies its mainstream appeal. Yet, as with all speculative assets, risks remain. The presale's final batch is expected to close soon, and the February 2026 listing could trigger sharp price swings.