BlockDAG (BDAG) Surged by 7% This Week, Riding a Wave of Optimism From Its Upcoming Mainnet Launch

Dogecoin (DOGE) surged by 7% this week, riding a wave of optimism after the Federal Reserve hinted at possible rate cuts and easing trade policies. But while DOGE enjoyed this short-term lift,

Dogecoin (CRYPTO: DOGE) price was up 7% this week as traders reacted to the prospect of the Federal Reserve cutting interest rates and easing trade policies.

However, while DOGE saw a short-term lift from macro signals, BlockDAG is quietly laying the foundation for long-term impact with its presale total now passing $208 million.

At the latest Keynote 3, the project revealed how it plans to reach 15,000 transactions per second (TPS) within two years of mainnet launch.

Here’s a closer look at the latest developments from both projects.

Dogecoin Price Rises On Fed Signals

DOGE was trading at $0.179 at the time of writing, showing a 7% gain over seven days.

The Relative Strength Index (RSI) also indicated a slight improvement in momentum, moving from the 20s to the low 30s.

This signaled a potential continuation of the recent price uptick, especially if buying pressure increases.

Dogecoin price action has seen a 26% recovery from its recent lows of $0.14 in March, placing it in a crucial stage of recovery.

Its price broke above the 26-day Exponential Moving Average, suggesting a potential shift in short-term trend.

Remaining above the $0.18 level was key for unlocking further gains towards the next resistance at $0.21 and, ultimately, $0.24.

However, despite the recent price action, it’s important to note that trading volume remained low, which signaled that larger traders weren’t yet significantly engaged.

Dogecoin is a community-driven coin that doesn’t yet support smart contracts or have a Layer-1 infrastructure in development.

It’s used by a broad community for various purposes, including payments, tips, and merchandise purchases.

Recently, there have been efforts to expand Dogecoin’s real-world use cases.

Earlier this year, members of the Dogecoin community launched a program to support small businesses with Dogecoin point-of-sale systems.

The initiative was focused on providing merchants with the technology needed to accept Dogecoin payments directly from customers.

This initiative highlighted the community’s dedication to expanding Dogecoin’s utility beyond speculation and integrating it into everyday transactions.

BlockDAG Reaches $208M Presale, Hits Key Milestones

In contrast to Dogecoin’s price gains largely driven by macroeconomic factors, BlockDAG is making significant progress on its technical development.

The project’s presale has now exceeded $208 million, making it one of the fastest-growing blockchain launches to date.

At Keynote 3, CEO Antony Turner unveiled the next stage of BlockDAG’s journey with some key announcements.

The project’s mainnet launch will now aim for 2,000 TPS, which is set to scale to 15,000 TPS within 24 months.

This places BlockDAG in a unique position to outperform both legacy proof-of-work systems like Bitcoin and newer Layer-2 solutions, all while maintaining decentralization and data integrity.

BlockDAG is deploying a hybrid architecture that combines the security of proof-of-work with the speed of Directed Acyclic Graph (DAG) technology.

This unique approach enables high-throughput transactions without sacrificing the resilience and transparency inherent in blockchain systems.

“We’re building for performance from day one,” said Turner. “We’re not launching and patching later. Every feature we roll out serves a bigger goal—to scale the BlockDAG network in a way that’s both efficient and sustainable.”

Testnet Launch, Token Rewards, & Developer Tools Go Live

Keynote 3 also saw the launch of BlockDAG’s Beta Testnet, a significant upgrade over the Alpha Testnet.

The new Testnet will feature even faster transactions, an improved blockchain explorer, and new modules for creating tokens, NFTs, and other smart contracts.

It will also be open for public testing, allowing community members to experience the network firsthand and provide feedback.

In another move to engage the community, BlockDAG announced the airdrop of 10,000 testnet tokens to community members.

The tokens will be distributed over a four-week vesting period through a smart contract, which ensures a fair and transparent allocation process.

Moreover, a community competition was announced, with $60,000 in real BDAG tokens to be awarded to the top 30 wallets ranked by mining activity, token balance, and overall contribution.

This further enrolls community members in the testing and development process.

Building For Developers: Speed + Utility = Real Adoption

Beyond speed, BlockDAG is also focused on attracting and supporting developers.

With the launch of BlockDAG Academy and open grant programs, the team is creating a thriving ecosystem for creators