BlockDAG Reaches $2.95, XLM at $0.28—BlockDAG's Rewarding Testnet Goes Viral Post-Keynote 3

Explore how BlockDAG's Beta Testnet rewards users with BDAG for their participation, outperforming XRP and Stellar in engagement and performance.

While XRP and Stellar are recognized for their rapid international transactions and decentralized finance features, the quest for even swifter and more dependable networks continues. Over the last year, XRP has seen a staggering 450% surge, and Stellar’s XLM value soared by 169%.

Stellar has also secured partnerships with IBM and Chainlink to integrate its technology for cross-chain capabilities and expand its reach in the rapidly evolving DeFi sector.

However, achieving vast scalability with nearly instantaneous results is still a challenge that many projects are tackling.

Enter BlockDAG (BDAG) Beta Testnet, which is inviting users to actively participate and be rewarded for their contributions with real tokens.

As BlockDAG pushes the boundaries of technological innovation, its presence is rapidly expanding within the cryptoverse. Recently, the project achieved another significant milestone with the successful completion of its presale phase.

This initiative is crucial for testing the network's durability and preparing it to meet the diverse demands of everyday users.

In addition to testing the network, BlockDAG is keen on engaging its community in the testing process of its Beta Testnet. Participants who excel in testing activities, such as performing transactions, mining, or maintaining large wallet balances, will be personally rewarded with $2,000 worth of BDAG at an initial price of $0.05 for each token.

The testnet is designed to detect and reward valuable contributions. Participants who excel in testing activities will be personally rewarded with $2,000 worth of BDAG at an initial price of $0.05 for each token.

This approach not only incentivizes users to test the network diligently but also prepares it to handle real-world applications seamlessly.

Moreover, the enthusiasm for this testnet is furthered by the success of BlockDAG's presale phase. Having raised $210.5 million and sold over 19 billion coins, the project reached a price of $0.0248 per coin in the 27th batch, showcasing a staggering 2,380% return from the first batch.

This remarkable achievement is a testament to the growing confidence in the project's future endeavors.

In a move to keep participants engaged and ensure fair crypto distribution, the testnet will also airdrop 10,000 coins to those who took part in the presale. These coins will be distributed over three weeks.

This strategy is crucial for maintaining participants' involvement and integrating them into the broader vision for the network's ongoing development.

It is a unique approach that aims to foster a sense of community and shared purpose.

As BlockDAG proceeds toward its mainnet launch, it is employing a hybrid PoS/PoW consensus mechanism in its Beta Testnet. This strategy is designed to seamlessly integrate the advantages of both mechanisms.

The platform is renowned for its unmatched speed, capable of executing 15,000 transactions per second (TPS) with low latency. In essence, BlockDAG is more than just developing a blockchain network; it is cultivating trust and ongoing participation.

The initiative is setting a strong foundation for the upcoming mainnet launch.

XRP is the native cryptocurrency of the XRP Ledger, which is designed mainly for fast and cost-efficient global payments. It is used for real-time currency exchange and cross-border settlement, enabling financial institutions to transfer funds quickly.

Its primary goal is to provide an alternative to the slow and expensive SWIFT system.

Instead of Bitcoin's proof-of-work system, XRP uses a consensus protocol, which contributes to faster transactions and less energy consumption.

Initially, XRP was distributed to the initial contributors and the Ripple team, and a large portion was allocated to a special account (escrow) to support the ecosystem's growth.

As of March 29, 2025, XRP’s value stands at around $2.95, a significant climb from roughly $0.53 in March 2024, showcasing a massive 450% increase within a year.

This spike is largely driven by increased institutional interest in crypto and broader adoption of Ripple’s products in the financial sector.

The Stellar network uses the Stellar Lumens (XLM) cryptocurrency for connecting financial institutions with those without bank access around the world. It is designed for fast, secure, and low-cost transfer of both digital and fiat currencies.

It also supports a decentralized exchange and allows the creation of new tokens, making it a platform for decentralized finance (DeFi) applications.

Stellar initially distributed XLM through public airdrops and partnerships, concentrating on financial inclusion.

Its goal is to provide broad coverage, especially in emerging markets where financial institutions might have limited presence.

The Stellar network is designed for high throughput, aiming for up to 1,000 transactions per second. It is also capable of finalizing transactions within three to five seconds.