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Testnet Era Ahead- BlockDAG’s $72.5M Presale is the Winner of Rising Crypto Adoption Ahead of Ethereum and a Struggling LUNC

By Partner Sep 12, 2024

As Q4 kicks off, crypto adoption is skyrocketing, and it’s clear that people are getting more into digital assets. Ethereum (ETH) staking is gaining serious traction, showing that crypto is going mainstream. On the flip side, Terra LUNA’s price is shaky, adding a bit of uncertainty to the mix. But here’s where things get really exciting—BlockDAG is absolutely crushing it! Even in its early presale stages, BlockDAG has raked in over $72.5 million, with early backers seeing insane returns of 1680%. And the hype just keeps building. With its testnet launch around the corner and its powerful Ethereum Virtual Machine (EVM) capabilities, BlockDAG is being hailed as the next big thing, possibly even outshining Solana and Kaspa. This is one crypto you don’t want to miss out on!

Ethereum (ETH) Staking: The Rise of Restaking

Ethereum (ETH) staking has seen a significant boost, thanks to the growing popularity of restaking. With Ethereum’s total supply now exceeding 120 million tokens, much of this increase is driven by investors looking to maximize their rewards. Restaking allows holders to reuse their staked ETH to earn additional returns, making it an attractive strategy, especially as staking APRs decrease.

The competition among staking service providers has pushed restaking into the spotlight, offering new ways to enhance returns while also improving network security. Recent developments, like the introduction of the EigenLayer protocol, have further fueled the surge in restaking. These innovations make Ethereum restaking a key factor in the broader adoption of Ethereum, reflecting the increasing interest and confidence in the platform as it continues to evolve.

Terra LUNA Price: Struggling to Break Through

The Terra LUNA price has been stuck in a tight range between $0.0000637 and $0.0000964 since early July, showing a struggle to gain upward momentum. Despite a recent rally that briefly pushed LUNA past the mid-range level on August 21, it failed to break the upper resistance. The Awesome Oscillator indicated that while momentum was initially bullish, it has been weakening, leaving the Terra LUNA price vulnerable to further declines.

Adding to the uncertainty, the ongoing legal issues surrounding Terraform Labs and the recent court order allowing the Shuttle Bridge to reopen have not provided the expected boost. The cumulative liquidation levels suggest that the price might be headed for lower levels, with $0.0001 and the $0.000063-$0.000072.5 zones being the next critical points to watch. The Terra LUNA price remains under pressure, with the outlook uncertain.

BlockDAG: The Next Big Thing in Crypto?

BlockDAG is about to take a huge step forward with the launch of its testnet on September 20, 2024. This isn’t just another milestone—this is a stage that has made the titans of the market, the likes of Solana, Ethereum and even Kaspa! The testnet will let everyone dive into what BlockDAG has been building, with cool features like the Blockchain Explorer, a faucet for minting BDAG coins, and MetaMask wallet support. It’s the perfect chance to see BlockDAG in action and get a taste of what’s coming when the mainnet goes live.

But here’s where it gets even more exciting—BlockDAG’s testnet comes with full Ethereum Virtual Machine (EVM) support. This means you can test smart contracts and play around with decentralized apps right on BlockDAG. Imagine having all the power of Ethereum but on a new, cutting-edge platform that could easily outshine the big names like Solana and Kaspa. This EVM capability could make BDAG one of the best long-term crypto assets out there.

The launch of this testnet is a game-changer. With features like real-time transaction monitoring and support for both UTXO and Account-Based addresses, BlockDAG is setting itself up as a top contender in the blockchain world. This is your chance to see what BlockDAG can do—and trust us, it’s going to be huge.

As BlockDAG’s presale heats up, with $72.5 million already raised and BDAG coins soaring by 1680%, the buzz is real. The testnet isn’t just another step; it’s the key to BlockDAG becoming a tier-1 network and making BDAG a top-tier asset in the crypto space. This is one project you don’t want to miss!

The Final Line

While Ethereum (ETH) staking showcases the advancements in DeFi, and the Terra LUNA price highlights the market’s volatility, BlockDAG is making waves as the next big thing in crypto. With $72.5 million raised in its presale and a 1680% surge in BDAG coin value, BlockDAG is positioned as a top contender. The upcoming testnet launch on September 20, 2024, with its innovative features, could solidify BlockDAG as the best long-term crypto investment. As BlockDAG continues to grow, it’s clear that this project is one to watch closely in the evolving crypto landscape.