BlockDAG’s Record-Breaking Presale Crosses $100M – Ethereum & BNB Followers Jump on Board Before It’s Too Late

October 24, 2024 - Around 4 mins mins to read

BlockDAG has just made a significant leap towards becoming a top crypto contender by gathering $101.3 million from 24 rounds of its highly sought-after presale. This success has thrust BlockDAG (BDAG) into the limelight, overshadowing news about Ethereum validators and the rising prices of Binance Coin, and positioning it as the leading crypto this week. The recent launch of its test network has been well-received for its speed and security, and it’s now seen as a possible challenger to networks like Kaspa or Solana. Early participants have enjoyed a huge 1960% gain. With Ethereum validators growing rapidly and Binance Coin prices climbing, BlockDAG’s presale success points to it as a rising leader in the crypto market.

BlockDAG's Record-Breaking Presale Crosses $100M - Ethereum & BNB Followers Jump on Board Before It's Too Late

Ethereum Validators Achieve Major Growth

Over the past year, Ethereum validators have increased by over 30%, reaching over one million for the first time in June 2024. This growth, from 824,300 in September 2023, shows more and more big organizations are choosing Ethereum. The growth is driven by new ways to stake and re-stake, which let validators use their funds more effectively and make money on decentralized finance platforms.

The total Ethereum staked has also grown impressively, up 27% this past year. Now, over 34.7 million ETH is staked, largely thanks to the Shanghai upgrade in April 2023, which let ETH holders unstake their tokens for the first time since the shift to Proof-of-Stake.

Binance Coin Price is Climbing

Binance Coin’s price has been climbing, recently hitting over $600 for the first time since late September 2024. Now at $601, BNB could potentially rise to $800—a 35% increase. Analysts are keeping an eye on BNB as its price starts forming an ascending triangle pattern, suggesting the rise might continue.

The market feels positive about BNB, with $64.98 million in long positions outweighing $34.04 million in short bets, showing traders expect more price increases. The relative strength index (RSI) is at 66.72, just under the level considered too high, meaning there’s still potential for growth. If it can break through the $605-$620 resistance area, $800 is the next big goal. However, if it drops below $580, this optimistic forecast could fall apart.

BlockDAG Makes History in Crypto: Record-Breaking Presale Reached!

BlockDAG has done what many thought couldn’t be done, racing past the incredible $101.3 million mark incredibly quickly during its presale. Achieving this through 24 batches, BlockDAG has emerged as one of the top cryptocurrencies to keep an eye on. Its swift rise and major success have brought it into the spotlight, even outshining giants like Ethereum and Binance Coin this week.

On September 20, 2024, BlockDAG rolled out its testnet and blockchain explorer, allowing the community to directly interact with its features. The testnet boasts essential tools like live transaction tracking, smart contract trials, and support for Ethereum Virtual Machine. These features are built to draw both tech enthusiasts and regular users by being transparent and easy to use.

The presale results have been nothing less than remarkable, with early participants seeing returns of 1960%. With the presale price now at $0.0206 in the 24th batch, excitement continues to grow as BlockDAG targets a lofty $600 million. Experts believe this goal could be achieved in the next three months, increasing the buzz around the network.

BlockDAG’s knack for pulling in substantial sums has led to predictions that it might stand toe-to-toe with major blockchains like Kaspa and Solana. Thanks to its unparalleled scalability and security, and with forecasts saying BDAG could reach $30 by 2030, this presale could be one of the most successful in a decade.

Wrapping Up

While Ethereum validators and Binance Coin’s prices still attract attention, both networks are grappling with volatility that has tempered inflows. In contrast, BlockDAG is creating a stir as the leading bullish cryptocurrency, achieving the extraordinary by passing the $101.3 million mark quickly during its presale. Early backers have already enjoyed a 1960% profit, and with BDAG expected to reach $30 by 2030, BlockDAG is becoming the hot new asset to follow. As more money flows in, BlockDAG is distinguishing itself as a standout project, likely outperforming even the most established names in the crypto market.