Hyperliquid Surges, Ethereum Price Recovers— Meanwhile BlockDAG’s $60K Rewards Draw Market Focus
Ethereum’s price has stabilized after a turbulent few weeks, rekindling optimism among long-term holders and analysts. Hyperliquid, a rising DeFi-focused asset, is beginning to gain serious market attention as it nears key resistance levels.
Yet even as these stories generate excitement, BlockDAG (BDAG) is pulling focus. With $214 million already raised in its presale and a new $60,000 reward campaign in motion, the project is making a bold push to dominate headlines. With its hybrid consensus model, growing community, and upcoming mainnet, BlockDAG is not just part of the conversation—it’s leading it. Here’s how each of these projects is shaping the 2025 crypto picture.
Ethereum Maintains Balance Around $1,649
Ethereum’s price seems to have settled following weeks of turbulence, bringing a renewed sense of confidence among long-term ETH holders and analysts. Currently hovering near $1,649.81, the cryptocurrency has recovered from a recent decline that saw it dip close to $1,200. This drop was largely driven by high-volume sell-offs from large holders and ETF-related concerns.
Market observers believe the worst may be behind for Ethereum, pointing to technical patterns suggesting a long-term bottom. Reports from TheCoinRepublic note the Relative Strength Index (RSI) has moved above the oversold zone, and on-chain indicators show increasing bullish momentum. However, the $1,700 resistance mark remains significant. For Ethereum to confirm further gains, it must hold above this level with strong volume. Developments involving ETF flows and upcoming upgrades could play a key role in shaping the asset’s short-term future.
Hyperliquid (HYPE) Approaches $16 as Interest Grows
Hyperliquid, the native asset of its decentralized trading platform, is starting to attract serious attention. With recent price action pushing HYPE closer to the $16 resistance area, the project is building up pressure for a possible breakout. Analysts at AMBCrypto highlight the increase in trading volume and favorable chart setup as signs of potential growth.
The appeal of Hyperliquid lies in its smooth, high-speed perpetual trading experience, a growing segment within decentralized finance. As the broader market begins to stabilize, Hyperliquid is catching the eye of both individual users and market professionals. Although still developing, its progress this quarter has put it on the map for those closely watching altcoins with breakout potential.
BlockDAG: $60K Rewards and $214M Presale Mark a Major Milestone
While Ethereum shows resilience and Hyperliquid gains steam, BlockDAG is moving with purpose, through major milestones and community action. Its ongoing crypto presale has collected an impressive $214 million so far, without leaning on traditional funding sources. But what’s making headlines now is the newly launched $60,000 rewards initiative connected to its Beta Testnet.
Details revealed during BlockDAG’s 3rd keynote confirm that the top 10 active participants, the top 10 miners, and the top 10 wallets with the highest BDAG holdings will each receive $2,000 worth of actual BDAG coins—not demo units. With over 110,000 users already part of the ecosystem and vesting distributions of testnet coins underway, participation is expected to increase sharply. This move is clearly aimed at fostering a loyal and engaged community in preparation for the full network rollout.
CEO Antony Turner underscored the intent by saying, “This isn’t just capital—it’s fuel for expansion and progress.” Supporting that view, CTO Jeremy Harkness noted the platform’s ability to confirm multiple blocks in parallel through its hybrid system that merges DAG and Proof-of-Work, targeting 15,000 transactions per second at full capacity.
A gamified entry process using the X1 Miner app, along with active developer programs and hackathons, gives BlockDAG more than just momentum—it’s building a framework. Its educational arm, BlockDAG Academy, further reinforces long-term growth through community learning. These combined efforts show a level of structure and delivery rarely seen in early-stage crypto launches.
In a Nutshell!
With Ethereum regaining its footing and Hyperliquid turning heads, the market seems to be shifting back into gear. But among them, BlockDAG isn’t simply reacting—it’s setting the pace. With $214 million secured, a live testnet offering real rewards, and a direct path toward full chain activation, the project is shaping up to be a top-tier layer 1 by 2025.
Its $60K Beta Testnet reward system, a forthcoming AMA, and an international convention aren’t just announcements—they’re signals of active development. For those watching beyond surface-level hype, BlockDAG continues to show it’s more than a passing name. It’s quickly becoming a benchmark for what serious blockchain efforts should aim to deliver.
Join BlockDAG Presale Now:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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Source: https://coincu.com/332359-bdag-offers-60k-rewards-eth-nears-1650-hyperliquid-climbs/