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BlockDAG Raises $254M While ETH Slips and HBAR Tests $0.20 Support. - Coincu - Latest Cryptocurrency News

Published 6 hours ago4 minute read

The market is seeing a shift as focus moves away from short-term noise toward strong fundamentals and timely delivery. Hedera (HBAR) is testing a major support zone, and Ethereum (ETH) is cooling off after a recent rally. But rising above both is BlockDAG (BDAG), now sitting on over $254.5 million raised and a presale timeline that’s driving consistent interest.

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BlockDAG’s rollout is clear and structured. The $0.0020 price is locked until June 13, with Batch 28 priced at $0.0262, reflecting a 2,520% profit since the first batch. The goal is $600 million, and the project is more than one-third of the way there. BlockDAG is combining strategy with speed, confirming major exchange listings, sharing hardware updates, and maintaining daily traction. While ETH and HBAR stabilize, BlockDAG is fast becoming one of 2025’s most discussed names.

Hedera Hashgraph’s native coin HBAR is trading at around $0.200 after falling 2% in recent sessions. This slight dip brings it close to the $0.20 support, a level analysts are watching closely. If this zone holds, it could support a move back toward $0.252.

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HBAR’s strength still lies in its growing enterprise adoption. It powers use cases in areas like identity management, finance, and logistics. But its price action now depends on the wider crypto market regaining momentum.

Although fundamentals are intact, HBAR’s slow climb means it’s being outpaced by projects like BlockDAG, which are showing sharper growth and broader user traction. HBAR may still rebound, but it lacks the same forward drive seen in some of the newer contenders.

Ethereum (ETH) is trading around $2,567, down from earlier highs above $2,700. Despite this dip, the bigger picture remains positive. Analysts expect a move toward $5,000 in the mid-term, supported by institutional adoption and strong Layer-2 development.

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Technical signals show ETH forming a bullish pennant, often a sign of more upside. If trading volume picks up, ETH could break out higher. Its growing staking activity, reduced fees, and network upgrades are all boosting confidence.

Still, ETH’s larger market size means slower growth compared to up-and-coming platforms. While its outlook is strong, early-stage projects like BlockDAG are attracting more attention thanks to their quicker moves and larger upside potential.

While HBAR holds support and ETH builds a base, BlockDAG is moving fast. It has raised more than $254.5 million, sold over 20.6 billion coins, and confirmed listings on five exchanges: MEXC, BitMart, XT.com, CoinStore, and LBank. A Go Live Reveal is set for June 13 to announce the full list of 20 exchanges.

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The current frozen price of $0.0020 stays valid until June 13. After that, pricing will follow batch progression, with Batch 28 at $0.0262. This setup has pushed BlockDAG close to halfway through its $600M presale target. It’s not just a coin, it’s an ecosystem in motion.

BlockDAG’s Buyer Battles offer 150 million coins daily. Unclaimed coins go to the top daily buyer, driving urgency. There’s also a 25% referral program that boosts organic growth. On the hardware side, miner shipments for the X10, X30, and X100 models have been confirmed, with over $7 million in miner sales and 17,568 units sold.

This mix of consistent updates, utility-backed growth, and early access pricing is why many now see BlockDAG as the top Layer-1 contender to watch ahead of launch.

HBAR needs to stay above its $0.20 mark to avoid deeper drops. ETH continues to consolidate before possibly aiming for $5,000. But BlockDAG is crossing milestone after milestone.

With more than $254.5 million raised, over 20.6 billion coins sold, 17,568 miners shipped, and its price frozen at $0.0020 until June 13, BlockDAG is gaining serious momentum. The June reveal could spark the next major wave of interest. For those tracking 2025’s most promising projects, this one’s worth watching closely.

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Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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