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$374.5M Raise & X1 + X10 Demo Put BDAG Ahead of Ethena andICP

Nathan Sinclair by Nathan Sinclair
August 16, 2025
in CMC, Crypto News
$374.5M Raise & X1 + X10 Demo Put BDAG Ahead of Ethena andICP

Ethena Targets $1.18, ICP Rebounds, While BlockDAG’s $374.5M Presale Leads the Top Crypto Coins Race

The competition for top crypto coins in 2025 is heating up fast. Ethena (ENA) is aiming for a push to $1.18 after climbing 260% since July, while Internet Computer Protocol (ICP) has steadied after a volatile spell, hinting at recovery ahead.

Yet, it’s BlockDAG (BDAG) generating the loudest pre-launch momentum. Backed by $374.5 million in presale sales, the project’s live demonstration of its X1 and X10 miners has showcased an ecosystem ready for scale before its first trading day. With over 2.5 million X1 mobile miners already onboard and 20 exchange listings confirmed, BlockDAG is entering the market with a global network primed for mass adoption.

AD 4nXcHo6

Ethena (ENA) Eyes $1.18 After 260% Rise

Ethena (ENA) is holding near $0.75 support after rallying from $0.25 to $0.80 since early July. This consolidation point is key for attempts toward $1.02 and $1.18 in the short term, with $1.50 possible if resistance levels at $0.87 and $1.00 are cleared. Technical signals remain bullish — RSI is around 74, MACD shows a bullish crossover, and a golden cross between the 50-day and 200-day EMAs reinforces strength.

On fundamentals, Ethena’s total value locked is over $10.5B, while its synthetic stablecoin USDe ranks as the third-largest by market cap. If support holds and buying momentum continues, analysts see $1.18 as a realistic August target, though exchange inflow spikes could add short-term volatility.

ICP Holds Support in Its Recovery Push

Internet Computer Protocol (ICP) traded in a narrow 5% band between $5.29 and $5.63 over the last day, with heavy buying interest appearing in the $5.32–$5.35 range. This accumulation lifted prices from $5.37 to $5.52 on 976,480 units traded — nearly double the daily norm.

Earlier selling pressure sent ICP to $5.29, but repeated rebounds from support held the floor. Resistance at $5.63 remains a cap, briefly pulling the price back to $5.43 before recovery. Holding support while breaking resistance could push ICP further, though the next leg up hinges on overcoming that $5.63 ceiling.

AD 4nXfmgnzQPEirClisA9ktkYFL1SkJGZr5fI wcK848Ab1NvJhUN78xOb zWK bTlvWK8sU0prjMgGLQplyKtv7 kmBIuxvs6HulUcRrkhwAI1CGr2L1b13BVN oWM3nZ EOoKutM yQ?key=5tpKOFnTtOrB6bgk5LH1rw

Earlier selling pressure sent ICP to $5.29, but repeated rebounds from support held the floor. Resistance at $5.63 remains a cap, briefly pulling the price back to $5.43 before recovery. Holding support while breaking resistance could push ICP further, though the next leg up hinges on overcoming that $5.63 ceiling.

BlockDAG: $374.5M Raised and Live Miner Demo Shows a Ready-to-Launch Network

BlockDAG has locked in $374.5 million in its presale, with Batch 29 coins priced at $0.0276, still well under the $0.05 launch price. From Batch 1’s $0.001 entry, early buyers are already up 2,660%. In total, 25.2 billion coins have been sold. On the hardware side, over 19,300 miners have been purchased, generating $7.8 million in sales alone.

The live reveal of the X1 mobile miner and X10 hardware miner has proven BDAG’s accessibility and scalability. The X1 app, now with more than 2.5 million active miners, allows mining directly from a smartphone. The X10 delivers up to 200 BDAG daily and connects via Bluetooth, Wi-Fi, or Ethernet, appealing to casual and advanced miners alike.

AD 4nXdkAk V1sQJPPGF48psi26tE1dZdBuFXfPtVyfqVs1TXEYa vXdLGw j32BbVMFaKLq293B3njeFcH9tEmnMdRh0SkrAY8u47efa6vtFBJaDJqvy4KdWP8yFizS1Im1lXnQfmNwkg?key=5tpKOFnTtOrB6bgk5LH1rw

BlockDAG is also pushing into the mainstream with official partnerships with the Seattle Seawolves and Seattle Orcas, offering fan coins, NFT-backed match experiences, and exclusive in-stadium content. These deals extend its reach far beyond crypto-native audiences.

With 20 exchange listings already secured, liquidity and global access are guaranteed post-launch, a rarity for presale projects. By merging large-scale funding, working mining solutions, sports marketing, and pre-confirmed listings, BlockDAG is building momentum that could carry it into one of the strongest launches of the year.

Final Takeaway

Ethena’s climb toward $1.18 and ICP’s steady rebound both position them well for the next market phase. But BlockDAG’s approach, locking in $374.5M, delivering functional mining tools, onboarding millions before launch, and securing 2,660% ROI for early participants, gives it a structural edge.

With 25.2B coins sold, 19,300 miners shipped, and mainstream visibility already growing, it’s entering the market with adoption channels ready to fire. In a cycle where many projects scramble for traction after listing, BlockDAG is walking in with it already secured, making it the one to watch in the race for top crypto coins.

AD 4nXdUcUQuXcyKUcBpXgk62nuYJrx i00Xz0rl39latkt29LDXNFUbkpeu8pl MEuM8Onqx uuvP65iZFyrPG9wC20RC3FqH58TjhAR2OkrivZybN6EJY1Yf3eDM4IWHpIJQ QBweg?key=5tpKOFnTtOrB6bgk5LH1rw

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The text above is an advertorial article that is not part of theccpress.com editorial content.
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Nathan Sinclair

Nathan Sinclair

Feature Reporter | Adoption Storyteller | People-and-Power Crypto Journalist
Nathan Sinclair is a crypto journalist and researcher who approaches the industry through people, institutions, and lived impact rather than market abstraction alone. At TheCCPress, he covers founder stories, adoption narratives, company shifts, and the broader social or economic consequences of crypto expansion. His reporting style is grounded, feature-oriented, and especially effective when a story needs both context and a human lens.

“Narrative journalism works when it treats crypto as something that affects people, not just portfolios.”

Profile
- Gender: Male
- Born: April 1991
- Based: Wellington, New Zealand
- Company: TheCCPress
- Website: https://theccpress.com/
- Coverage Focus: Stories, people, institutions, adoption, company sagas, ideological conflict

Experience
Nathan has worked across financial reporting, fintech coverage, and crypto journalism for more than eight years. His experience includes founder interviews, live event reporting, feature writing, and explanatory stories about adoption and market shifts. At TheCCPress, he is especially strong on pieces that need to show how market narratives and institutional change affect real businesses, communities, and public perception.

Background
He trained in journalism and later deepened his knowledge of finance, which gives him a useful balance between narrative instinct and economic context. That combination makes him a strong fit for TheCCPress’s editorial direction, where the aim is not to cover everything in crypto but to tell better stories about influence, conflict, and consequence.

Achievements
Nathan has written long-form features, explainers, and research-backed stories that connect digital-asset developments with broader economic and social questions. His strongest work tends to involve people and institutions rather than isolated tokens, which aligns well with the site’s new category system.

Work Style
He writes with a calm, human-centered voice and prefers to frame stories around stakes and consequence rather than raw novelty. Nathan is particularly effective on company narratives, founder profiles, institutional pivots, and adoption stories where the emotional and strategic dimensions are both important.

Skills
Nathan’s key strengths include feature reporting, interview-driven journalism, narrative structuring, market-context writing, adoption analysis, and editorial synthesis across finance and crypto. He is most valuable on stories that need readability, empathy, and credibility at the same time.

Additional Information
Within the new TheCCPress taxonomy, Nathan is a strong fit for stories/company-sagas, people/founders, people/institutions, and selected conflicts/ideology coverage. He helps give the publication a more recognizably journalistic voice.

Nathan Sinclair's Social Media Platforms
Nathan Sinclair on About.me
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