Solana News Today: BlockDAG’s $388M Surge Rivals Solana—Is Altcoin Dominance Next?

BlockDAG (BDAG) has achieved a significant milestone in the cryptocurrency market by securing over $388 million in presale funding, marking it as the largest presale in the past seven years. The project, currently in Batch 30 of its token offering, has sold more than 25.5 billion BDAG coins at a price of $0.03 per coin, representing a 2900% return since its initial offering at $0.001. The token’s listing price is expected to be $0.05, which analysts see as a further upside potential for investors. This surge in presale activity has positioned BlockDAG as a standout project in a market where many altcoins remain speculative in nature [1].

The project’s appeal is further bolstered by its technological infrastructure and mining accessibility. BlockDAG employs a hybrid Directed Acyclic Graph (DAG) and Proof-of-Work (PoW) consensus model, enabling it to process up to 15,000 transactions per second. It also supports the Ethereum Virtual Machine (EVM), opening the door to a broad range of decentralized applications. The ecosystem has already attracted over 4,500 developers, reinforcing its long-term utility and scalability [1].

Mining on the BlockDAG network is accessible through both mobile and hardware solutions. The X1 mobile miner app has drawn over 3 million users, allowing mining directly from smartphones. Meanwhile, the X10 hardware miner, a plug-and-play device, is capable of generating up to 200 BDAG coins per day at launch rates. The combination of casual and professional mining options broadens the project’s adoption and ensures a distributed network of participants [1].

Security is another key factor in BlockDAG’s success. The network has undergone comprehensive audits by CertiK and Halborn, with all identified vulnerabilities resolved prior to launch. Advanced security measures, such as multi-signature authorizations and parallel PoW processing, further minimize the risk of hacks and unauthorized breaches. These measures have strengthened investor confidence in the network’s integrity and safety [1].

BlockDAG’s visibility is set to expand significantly in the coming months. The project is preparing for a major showcase at Token2049 Singapore, where it will have a custom installation outside the Main Stage. This exposure will provide the network with visibility to over 25,000 attendees and 7,000+ companies. In anticipation of this event, the project has launched a 2049% presale bonus, which is set to expire on October 1 [2].

The project’s growing adoption is also evident in its hardware and software sales. Over 19,500 X10 industrial-grade miners have already been distributed, with miner sales exceeding $7.8 million. The X1 app has 3 million daily active users, demonstrating a strong and active community. These figures highlight BlockDAG’s transition from a speculative presale to a functioning, widely adopted platform [3].

Looking ahead, BlockDAG’s long-term potential has drawn attention from analysts and investors. Some forecasts suggest that the token could eventually reach $50, a target that is ambitious but grounded in the project’s fundamentals and growth trajectory. As the network continues to expand its partnerships and listings, including confirmed exchanges such as MEXC, LBank, and BitMart, it is positioning itself for broader market acceptance. The possibility of listings on major exchanges such as Coinbase and Gemini is also under discussion [3].

Source:

[1] BlockDAG's $388M Growth Drowns Out Solana's Breakout and Dogecoin Prediction (https://www.crypto-reporter.com/news/blockdags-388m-growth-drowns-out-solanas-breakout-and-dogecoin-prediction-108623/)

[2] Chainlink (LINK) $30 Forecast, Kaspa (KAS) $0.25 Target (https://coindoo.com/chainlink-link-targets-30-kaspa-eyes-0-25-but-blockdags-388m-presale-2049-bonus-brings-in-whales/)

[3] BlockDAG's $388M Presale and Bold $50 Forecast (https://www.xt.com/en/blog/post/blockdags-388m-presale-and-bold-50-forecast-outshine-xrps-3-60-setup-and-avaxs-45-target)