Solana News Today: BlockDAG Surpasses $376M Presale With 25B Coins Sold

Generated by AI AgentCoin World
Tuesday, Aug 19, 2025 1:17 pm ET2min read
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Aime RobotAime Summary

- BlockDAG (BDAG) raised $376M in presale, selling 25B coins with 200K+ holders, aiming for $0.05 launch price.

- Combining DAG scalability and PoW security, BDAG targets $1 price (20x growth) if 150B supply reaches $150B valuation.

- Project boasts 2.5M X1 app users, 19K+ mining rigs, and 300+ dApps, surpassing many Layer-1 projects' early milestones.

- Analysts highlight 90-day post-launch liquidity and dApp adoption as critical, while competition from Solana/Ethereum poses risks.

BlockDAG (BDAG), a Layer-1 blockchain project, has generated significant market attention following a $376 million presale, with 25 billion coins sold and over 200,000 holders already secured. The project is set to list at a price of $0.05, and speculation is growing over whether it could climb to $1 post-launch [1]. With its unique blend of DAG scalability and Proof-of-Work security, BlockDAG is positioned as a strong contender in the competitive Layer-1 space [1].

At the time of writing, BDAG is priced at $0.0276 in its 29th batch of presale. If it reaches $1, the total supply of 150 billion coins would imply a fully diluted market cap of $150 billion, comparable to major players like SolanaSOL-- or XRPXRP--. However, early circulating supply will remain limited to around 10–15 billion coins, meaning a $1 price point would translate to a $10–15 billion market cap, a valuation already achieved by other emerging Layer-1 networks during early stages [1].

The project’s early adoption metrics are impressive. It has over 2.5 million active users on the X1 mobile mining app, nearly 19,000 distributed mining rigs, and 4,500+ developers engaged in its ecosystem. Over 300 decentralized applications are also lined up for deployment, all before mainnet activation. These figures suggest BlockDAG has already built a robust foundation, surpassing what many Layer-1 projects achieve in their first years [1].

Key drivers behind the bullish potential include early-scale adoption via mobile mining, EVM compatibility to support dApps, and a committed user base. The $376 million raised in presale also positions the project to secure strong exchange listings, liquidity pools, and incentives for early ecosystem growth [1]. Analysts note that the first 90 days after launch will be crucial for establishing liquidity, exchange presence, and dApp activity, which will determine whether the presale hype translates into real momentum [1].

Despite the optimism, challenges remain. Early sell pressure from presale participants could weigh on the price, while competition from EthereumETH--, Solana, and AvalancheAVAX-- is formidable. Additionally, technical execution post-launch will be critical—any setbacks in network stability or performance could dampen market sentiment [1]. Regulatory changes in key markets could also influence adoption speed.

Historically, major Layer-1 projects like Avalanche and Solana have demonstrated explosive growth under favorable market conditions. Avalanche (AVAX) rose from $0.85 to $146 within a year, while Solana (SOL) surged from $0.78 to nearly $260 in two years. BlockDAG’s potential 20x increase from $0.05 to $1 aligns with the kind of growth seen in these networks [1]. Analysts suggest that if liquidity, exchange adoption, and dApp activity align with expectations, BDAG could reach $1 within 12–18 months. Otherwise, mid-term targets of $0.20 to $0.50 may be more realistic [1].

BlockDAG is widely regarded as one of the most well-prepared blockchain launches of 2025. It combines strong community support, a differentiated technological approach, and tangible ecosystem progress, making it a key focus for market observers ahead of its mainnet debut [1].

Source:

[1] Will BlockDAG Jump from $0.05 to $1? Why The $376M Presale Has Everyone Talking! (https://coinmarketcap.com/community/articles/68a4aeace73f070dd7b6d89f/)

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