BlockDAG Beta Testnet Goes Live with $60K in Real Rewards

The second quarter of 2025 is shaping up as a key stretch for many altcoins.

The second quarter of 2025 has become a critical period for many altcoins, with several facing new legal challenges and market shifts. Among the major names, XRP is encountering renewed difficulties with the SEC, while Binance Coin (BNB) continues its upward trajectory, hitting new highs.

However, amid the focus on XRP’s legal battle and BNB’s ETF filing, another project, BlockDAG (BDAG), is showing tangible progress. BlockDAG recently launched its Beta Testnet, offering access to its DAG-based blockchain system.

The project also announced a $60,000 reward initiative for those participating in the testnet. These developments, combined with a $214 million presale and BlockDAG’s core features, are placing the project on track to become one of the strongest crypto projects going into 2025.

XRP’s SEC Struggles Continue Despite Bold Price Forecasts

Major cryptocurrency, XRP, is now facing increased pressure from the SEC. The agency recently opposed Ripple’s filing to introduce new evidence, stating the court lacks authority to consider it. This move keeps XRP’s U.S. regulatory fate uncertain despite recent price increases.

Despite the SEC filing, some major players remain optimistic about XRP’s potential. Standard Chartered has issued projections for XRP reaching $5.50 by year-end and possibly climbing to $12.50 in the longer term. These numbers are based on the hope that legal certainty will eventually arrive and global adoption of Ripple’s network continues.

On a broader scale, external risks are also growing. International trade tensions are weighing on financial sectors, including cryptocurrencies. Recent volatility in Bitcoin and Ethereum is adding to XRP’s price swings. Whether XRP can hit those forecasted highs will largely depend on how the legal situation unfolds over the coming months.

BNB Builds Momentum Amid ETF Filing Buzz

Moving to Binance, the BNB token continues its upward trend, recently hitting $545. This rise has sparked talk of a potential altcoin revival, with traders attributing it to higher usage of the Binance Smart Chain, especially through DeFi activity and increased transaction fees.

A recent filing by VanEck for a U.S.-based BNB ETF may be a key factor. If approved, it could open new pathways for institutional access, following earlier moves with Bitcoin and Ethereum ETFs. This has brought BNB back into focus as a strong contender among large-cap coins.

However, despite these gains, some are watching closely to see if the momentum will last. For those aiming to explore newer blockchain-level developments, attention is turning to BlockDAG.

BlockDAG’s Beta Testnet Is Now Active With $60K In Real Rewards

While XRP and BNB remain in the spotlight, BlockDAG is showing clear output. The project’s Beta Testnet is already live, offering a glimpse into its advanced DAG-based blockchain system. Users can now experience faster block speeds, an upgraded explorer, and a no-code tool to create assets using BlockDAG’s built-in wizard.

But what’s really grabbing attention is the $60,000 reward plan linked to the testnet rollout. BlockDAG is offering valuable prizes to:

• Selected testers who contribute interesting use cases for BlockDAG’s ecosystem.

• Devs who build unique dApps on the testnet.

• • Each selected winner will get $2,000 worth of actual BDAG coins (not testnet tokens), based on a forecast mainnet value of $0.05 per coin.

During Keynote 3, CEO Antony Turner summarized the project’s course, saying:

“We’re not simply dreaming about the future—we’re shaping it, building it, and defining it with purpose and commitment.”

This testing phase is crucial as BlockDAG prepares for its mainnet launch later in 2025. The project aims to process 2,000 transactions per second, eventually scaling to 15,000 TPS within two years. This scalability is achieved without layer-2 fixes, with BlockDAG using parallel processing to handle a large number of transactions simultaneously.

In a nutshell:

* Major cryptocurrency XRP is facing increased pressure as the SEC opposed Ripple’s filing to introduce new evidence in their ongoing case.

* Binance Coin continues its upward trend, hitting new highs of $545 amid a recent filing by VanEck for a U.S.-based BNB ETF.

* BlockDAG launched its Beta Testnet, inviting users to test its DAG-based blockchain and earn rewards of up to $2,000 in BDAG coins.

As the second quarter of 2025 progresses, the cryptocurrency market continues to be a dynamic space with several interesting projects in development. Only time will tell which projects manage to sustain their momentum and achieve long-term success.

Presale: https://purchase.blockdag.network

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