Bitcoin Ascends Toward $90K: BlockDAG’s Keynote 3 Ignites Blockchain Enthusiasm—Is BlockDAG the Next Big Thing in Crypto?

While Bitcoin’s climb toward $90,000 grabs headlines, another narrative is quietly making waves. BlockDAG (BDAG) , an emerging Layer-1 blockchain initiative, has unveiled its latest major update—Keynote 3. This update has not only solidified buyer interest but has also sparked a new wave of adoption. The team announced a series of significant achievements including “a live beta testnet, global developer grants, a structured academy for builders, and a roadmap toward mainnet that’s moving faster than expected.”

What’s remarkable? BlockDAG has already secured over $209 million in its presale phase and is now ambitiously aiming for a $600 million target before its official launch. As Bitcoin capitalizes on favorable market conditions, BlockDAG is carving its own path with robust product developments, enhanced scalability, and infrastructure that attracts both users and developers. It’s not merely contributing to the bullish market—it’s shaping the future of blockchain adoption.

Bitcoin Nears $90K Milestone Amidst Rising Market Optimism

Bitcoin is making headlines again with a powerful surge after rebounding from the $85,000 support level. A significant bullish breakout from an ascending triangle pattern is propelling BTC towards critical resistance levels, with key indicators like the 50-day and 100-day EMAs looming near the $90,000 mark. Technical experts are now eyeing this area as the crucial pivot point for Bitcoin’s next potential rally.

Despite the positive price movements, trading volumes have not kept pace, suggesting a divergence that could indicate market uncertainty. The Relative Strength Index is currently at 53.78, hinting that there might be room for further growth before reaching overbought territory. The market’s fundamentals are robust, bolstered by steady institutional interest and significant network activity as reflected in transaction fees.

Yet, amidst this focus on price, the quest for fresh innovation persists. This is where BlockDAG steps into the spotlight.

BlockDAG’s Keynote 3 Sets Stage for $600M Target After $209M Raise

Keynote 3 marked more than just another update—it signified a pivotal shift. CEO Antony Turner launched the event by detailing the project’s remarkable expansion: “170,000 holders, 750,000+ X1 miner app users, and over $209 million raised in the presale to date.”

Turner announced that the team is advancing towards a $600 million presale objective. Unlike many presale-driven initiatives, BlockDAG stands out by not just planning but actually executing. The roadmap unveiled at Keynote 3 is not only live and structured but is also driven by robust user engagement. Every component of the ecosystem is converging towards the mainnet, which is slated for release later this year.

BlockDAG’s Beta Testnet: Faster Performance and $60K in Rewards

BlockDAG’s beta testnet is officially live, following its successful alpha phase in 2024. The alpha version saw over 1.2 million transactions processed across more than 100 nodes. The new beta version boasts enhanced performance with double the transaction speed, a revamped explorer, and fresh tools for token/NFT creation, along with various decentralized applications to boost user interaction.

In an exciting move to engage the community, BlockDAG has issued 10,000 testnet coins to all verified holders, distributed over four weeks via a functioning vesting smart contract. Moreover, the top 30 most active wallets—considering activity, mining, and balance—will each be rewarded with $2,000, summing up to $60,000 in real BDAG coins rewards.

“All existing BlockDAG holders will receive an allocation of testnet BDAGS,” Turner stated, adding, “And we’re even going to incentivize you to get involved.” This initiative not only boosts testnet participation but also showcases BlockDAG’s robust infrastructure, primed for real-world application.

BlockDAG Drives Innovation: Grants, Hackathons, and Academy

BlockDAG is taking a proactive approach, engaging developers directly from the start, unlike many projects that wait until after launch. Keynote 3 introduced a comprehensive grants program designed to support developers who are building on the protocol. The grants cover a wide array of projects, from DeFi applications to infrastructure tools and NFT platforms, welcoming contributions from both individual developers and full teams.

In addition to financial support, BlockDAG is spearheading a series of global hackathons. Each event offers up to $100,000 in funding, alongside live mentorship, workshops, and significant exposure within the ecosystem for the winners. These hackathons focus on creating viable products that are ready before the mainnet launch, rather than just showcasing superficial success.

Furthermore, the BlockDAG Academy has officially opened, structured into three tiers: beginner, intermediate, and advanced. Under the guidance of professor Maurice Herlihy, the academy provides a blockchain curriculum geared towards real-world applications, covering topics from DeFi basics to smart contract audits and governance models.

BlockDAG Readies for Mainnet with Full Ecosystem Development

BlockDAG stands out from typical blockchain projects by not just planning its mainnet but actively executing its roadmap. The keynote presentation underscored that every component of the ecosystem—from the testnet and miner infrastructure to security audits—is being meticulously prepared for a synchronized launch.

The development team is committed to achieving an initial performance of 2,000 transactions per second (TPS) at launch, with plans to scale up to 15,000 TPS within the next 24 months. This ambitious goal is supported by a novel hybrid architecture that merges Directed Acyclic Graph (DAG) with proof-of-work, enabling parallel block validation while ensuring robust security.

Summing Up!

While Bitcoin’s approach to the $90,000 mark rejuvenates broader market enthusiasm, initiatives like BlockDAG are pioneering the future of blockchain technology. With more than $209 million already raised, a functioning testnet that rewards users, an active development community, and a clear path to its mainnet, BlockDAG is not merely capitalizing on market trends—it’s actively shaping them.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu