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

By Nathan Sinclair
7 minutes Ago

$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.

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.

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.

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.