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Cryptocurrency News Articles

Could BDAG Hit $1 First? BlockDAG's Testnet Rollout Puts HBAR & XLM on Alert

Apr 19, 2025 at 06:00 am

Stellar & Hedera are drawing attention, but BlockDAG's live testnet, miner rollout, & 2,380% presale growth are proving it's the altcoin to watch. Here's why BDAG could lead the charge.

Could BDAG Hit $1 First? BlockDAG's Testnet Rollout Puts HBAR & XLM on Alert

Three altcoins are grabbing crypto fans’ attention: Stellar (XLM), Hedera (HBAR), and BlockDAG (BDAG). While all three show promise, only one is already delivering on its potential.

Stellar (XLM) is slowly recovering after a steep 65% decline from its November 2024 peak of $0.636. Now trading inside a descending wedge—often signaling an upward breakout—analysts are keeping a close eye on its movements. Having recently rebounded off support near $0.21, aided by bullish candlestick patterns and a key Fibonacci level, XLM could be setting up for a return to $0.37 or even $0.42.

Despite its RSI remaining below 50—suggesting continued bearish pressure—the MACD shows a possible reversal, and a completed five-wave downtrend hints at a potential upswing. Furthermore, Stellar’s sponsorship of Paris Blockchain Week in 2025 could bring heightened attention to the coin, potentially accelerating any recovery. If the wedge breakout is confirmed, XLM might head toward $0.47.

For those seeking coins with substantial gains potential following sharp corrections, Stellar (XLM) appears to be one to watch closely in the near term.

Hedera (HBAR) Integrates With Chainlink CCIP for Expanded DeFi Reach

Hedera (HBAR) rose 10% recently following the integration of Chainlink’s cross-chain protocol (CCIP), granting it access to 46+ networks like Ethereum, BNB, and Polygon. This could greatly expand its DeFi use cases, especially considering its current low total value locked of $70 million.

After bouncing off $0.126, HBAR is now testing a major resistance zone. Although there are signs of short-term overextension, long-term holders might remain optimistic if the coin manages to break above $0.1675 and sets its sights on $0.20.

Known for its speed—handling up to 10,000 transactions per second, outpacing Ethereum and Bitcoin—Hedera’s mainnet is quickly becoming a force to be reckoned with. If the Chainlink integration proves fruitful, we might see even more gains for HBAR.

With rising trading volumes and interest, BlockDAG is quickly emerging as a top contender.

BlockDAG's Beta Testnet Launches As $1 Price Target Comes Into Focus

BlockDAG has officially launched its live Beta Testnet, a significant milestone for the project. More than 170,000 users have already joined the network, each receiving 10,000 BDAG testnet tokens through a vesting model that closely resembles the upcoming mainnet system.

This isn’t a simple airdrop; the testnet is actively generating data to shape the final version of the mainnet. In contrast to most crypto projects that use testnets mainly for PR, BlockDAG is focused on using it as a real-world testing ground.

Meanwhile, BlockDAG's custom-built ASIC miners—10,000 X30 and X100 units—are being prepared for delivery ahead of the 2025 mainnet launch.

The project's presale figures are equally impressive: $214.5 million raised, 19.3 billion BDAG tokens sold, and no support from venture capital or institutional money throughout the entire process. Since Batch 1, the coin's price has surged 2,380%, reaching $0.0248 in Batch 27.

This isn't a coin that's rising due to hype cycles; it's a project that's generating consistent results and seeing sustained interest from the community.

Why BlockDAG Is Surpassing HBAR and XLM This AprilWhile XLM and HBAR are setting up interesting possibilities and seeking validation through new tech links, they're still at an early stage. These are anticipations awaiting confirmation from the market.

But BlockDAG's Beta Testnet is already running like a post-launch project. It has over 170,000 users, and their behavior is being observed in real-time. The hardware infrastructure for its custom ASIC miners is ready to go. Having both software and hardware prepared to this degree is rare even among top-tier Layer-1 platforms.

The project's presale figures—$214.5 million raised and 19.3 billion coins sold—speak volumes, especially considering it's had no support from major funds. That's not hype; it's grassroots belief built on results. As the $1 milestone comes closer, BlockDAG isn't just keeping pace—it's setting the tone for the broader altcoin landscape.

For anyone seeking something beyond possibilities and possibilities alone, BlockDAG is sounding the loudest signal

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