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Cryptocurrency News Articles

BlockDAG (BDAG) Teams Up with HackerEarth to Launch Global Hackathons Aimed at Attracting Developers

Apr 19, 2025 at 12:00 am

It's a developer-first push that's already fueling real activity and helping drive one of the most talked-about presales in the market

BlockDAG (BDAG) Teams Up with HackerEarth to Launch Global Hackathons Aimed at Attracting Developers

Canada is set to welcome the first North American spot Solana ETF with staking on April 16. Four asset managers—Purpose Investments, 3iQ Digital Asset Management, CI Global Asset Management, and Evolve Funds Group—are bringing their offerings to the Toronto Stock Exchange.

Unlike US-based Solana ETFs that track futures and do not offer staking rewards, these Canadian funds aim to give investors direct access to yield.

While US counterparts have struggled to gain traction, especially compared to newer leveraged crypto funds, the Canadian Solana ETF could signal a shift in market appetite as interest grows around more utility-driven investment options.

At the same time, the SUI price is cooling off after a strong 27% jump in the first half of April. Technical indicators suggest weakening support, with the Chaikin Money Flow falling below the zero line and the Supertrend indicator shifting to bearish.

The SUI price, which recently broke through the $2 level, now risks falling toward the $1.92 support zone. If current market sentiment continues, a drop to $1.60 remains possible.

However, renewed buying pressure could push the token to revisit higher levels near $2.49 or even $3, depending on how the broader crypto market behaves in the coming days.

As part of its initiative to foster global developer talent and drive the development of over 200 decentralised applications, BlockDAG is partnering with HackerEarth for a series of hackathons.

These events go well beyond the usual developer challenges and hold so much value for both participants and the BlockDAG ecosystem.

For developers, the benefits include structured entry into the ecosystem, chances for outstanding projects to earn grants, BDAG coin rewards, and visibility with investors. There will also be developer workshops and one-on-one mentorships to sharpen skills and explore real blockchain solutions.

Many will gain opportunities for long-term engagement within the ecosystem.

This collaboration is a key part of BlockDAG’s growth strategy. The surge in developer engagement directly supports the network's utility, especially with dApps in areas like finance, healthcare, and gaming set to roll out.

As more developers build on the platform, we'll naturally see increased network activity, which in turn gives the project strength for the long term. These are the kinds of moves that tend to shape the future of any top crypto coin—not through speculation, but by creating systems people actually use and build on.

Early signs suggest the approach is paying off. BlockDAG’s ongoing presale has already raised over $214.5 million, selling more than 19.2 billion BDAG coins. Now in batch 27, the coin’s price has climbed from $0.001 to $0.0248—a 2,380% increase.

That kind of movement isn’t going unnoticed. Many analysts remain bullish, projecting the coin could hit $1 by 2025 and possibly reach $30 by 2030. Momentum is building, and this wave of development activity only reinforces the sentiment behind one of the year’s fastest-growing crypto projects.

Each project is moving on a different track—Solana ETF’s launch adds a new layer to traditional investment routes, while SUI’s recent pullback leaves the door open for a possible rebound. BlockDAG, though, is focused on building from the ground up.

Its global hackathons are doing more than attracting talent—they’re creating real-world utility and setting the stage for long-term growth across the ecosystem. Developers get tools, funding, and a launchpad; the network gets stronger with every dApp built.

Priced at just $0.0248 in its current presale phase and backed by projections as high as $30 by 2030, BDAG’s upside potential is undeniable. As demand grows and each new batch pushes the price higher, the opportunity to buy this top crypto coin is shrinking fast.

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Other articles published on Apr 19, 2025