BlockDAG’s Beta Testnet Becomes the Dev Hub – Ondo Crosses $3.2B & Ethena’s Supply Hits 6B

See how BlockDAG is redefining scalability with its Beta Testnet rollout—stacked up against Ondo's asset tokenization and Ethena's stablecoin momentum.

BlockDAG's Beta Testnet is now open, inviting developers, miners, and users to test-drive a large-scale, high-speed decentralized network in the making. The platform's presale has also hit $210.5 million.

Capital continues to flow into interesting platforms. Ondo Finance, which focuses on bringing traditional financial assets onto the blockchain by issuing tokenized forms of U.S. Treasuries and corporate bonds to provide blockchain users with exposure to assets backed by existing financial markets, saw its Total Value Locked reach $3.2 billion by January 2025. A year before, it stood at $773 million, showcasing a 417% growth.

On the other hand, Ethena’s USDe, a synthetic dollar designed for optimal scalability and integration within the crypto ecosystem, reached six billion circulating tokens by early 2024. This makes it the third-largest USD-pegged asset in the crypto sphere.

But what if you could trial-run a decentralized network with billions of transactions, smart contracts being deployed, and mining activity—all in a beta environment before the mainnet launch? And earn $2,000 in cryptocurrency for your involvement?

This opportunity is now open with BlockDAG (BDAG) Network. Its Beta Testnet, based on a DAG-based Proof-of-Work consensus and compatible with the Ethereum Virtual Machine, provides direct, hands-on access to scalable decentralized technology.

This testnet is open-source and permissionless, inviting anyone to contribute. It's equipped with tools for testing smart contracts, simulating real-world usage, and engaging in mining activity.

To reward participants, BlockDAG offers $2,000 in BDAG—real coins priced at $0.05 each—to the top wallets based on transaction activity, top miners, and biggest holders.

More than 110,000 users have joined the vesting contract, receiving 10,000 test tokens each via automated airdrops.

In parallel, the broader BlockDAG activity is progressing rapidly. The crypto presale has now exceeded $210.5 million in funds, placing batch 27 at $0.0248 per coin. In comparison, the earliest batch started at $0.001, leading to a 2,380% return. Over 19.1 billion BDAG coins have already been sold.

With a claimed performance of 2,000+ transactions per second, near-instant finality, and seamless support for wallets like MetaMask and integrated dApps, BlockDAG's Beta Testnet isn't just an update—it's an invitation to build tomorrow's decentralized tools.

Capital continues to move into platforms that offer usefulness over short-term hype. Ondo is helping blend traditional financial instruments with blockchain, while Ethena is exploring new ways to create stable digital currencies that can be used in everyday life. But these systems rely on strong underlying technology.

BlockDAG is focused on providing that foundation—operability at scale, decentralization, and real-world testing. If future progress is measured by what users build and interact with, not just what they hold, then BlockDAG's foundation-first approach could set it apart.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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