BlockDAG Hits $358M With 4,500 Builders While ENA Climbs & ADA Retreats

BlockDAG’s 4,500+ Developers Drive Real-World Use as Ethena Hits $7.7B TVL & Cardano Tests $0.72

As the crypto market shifts between hype cycles and real progress, BlockDAG is making measurable strides. Over 4,500 developers are actively building more than 300 practical applications, positioning BlockDAG as a strong contender for the best crypto platform with sustainable utility. With $358 million raised and 24.5 billion BDAG coins sold across 29 batches, its presale reflects consistent traction. At the current price of $0.0016, users have a limited window until August 11 to access a potential 3,025% return, ranking it among the best cryptos to consider now.

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In parallel, the Ethena (ENA) price surge to $0.67 underscores rising confidence as total value locked (TVL) climbs beyond $7.7 billion. Meanwhile, Cardano (ADA) price analysis shows near-term bearish signals, though the longer-term outlook remains in discussion. Together, these movements place BlockDAG, ENA, and ADA under closer watch.

Ethena (ENA) Price Surge Approaches 3x Growth Amid Rising Activity

The Ethena (ENA) price surge has drawn renewed attention as the protocol’s TVL hit $7.72 billion, a 40% increase since early July. This momentum largely stems from $USDe, helping drive ENA’s price from $0.25 to $0.67, nearly a 3x gain. Analysts attribute this rise to heavy trading volume and continued user engagement. While there is growing talk of a potential $5 long-term price goal, market observers note that risks remain, particularly as volatility picks up.

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Ethena is also preparing to introduce its new stablecoin_x, which could further accelerate usage and ecosystem expansion. With both price and TVL setting new benchmarks, the Ethena (ENA) price surge currently points toward a bullish sentiment, prompting analysts to monitor technical levels more closely.

Cardano (ADA) Price Analysis Shows Weakness Near Key Averages

Recent Cardano (ADA) price analysis highlights short-term challenges. ADA declined by 1% on Tuesday, adding to the previous day’s 5% slide. Despite the pullback, Charles Hoskinson remains optimistic. In a podcast discussion with Jason Yanowitz, he spoke about Cardano’s potential to serve as Bitcoin’s yield layer, offering users enhanced staking and DeFi capabilities. He also speculated on the possibility of 100x–1000x gains, though he acknowledged Bitcoin’s dominance in terms of institutional adoption.

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Technically, ADA is under pressure. Open interest in its derivatives dropped by $230 million, and short positions are increasing. Price action suggests resistance remains strong, and a retest of the 50-day EMA at $0.7228 is possible. Both MACD and RSI indicators are leaning bearish, reinforcing the cautious tone in current Cardano (ADA) price analysis.

BlockDAG’s Developer Base & Presale Strength Signal Long-Term Utility

The foundation of BlockDAG’s ecosystem lies in its developer activity. With over 4,500 builders engaged in more than 300 ongoing projects across DeFi, infrastructure, payments, and real-world applications, this level of contribution sets it apart. This widespread development effort supports BlockDAG’s position as a candidate for the best crypto platform to watch in 2025.

These teams are building decentralized applications on BlockDAG’s scalable framework, aiming to provide usable solutions rather than speculative appeal. This utility focus explains the presale’s success: $358 million raised, 24.5 billion BDAG sold across 29 rounds. With BDAG priced at $0.0016 and a projected listing price of $0.05, the potential return stands at 3,025%. This price will remain until the GLOBAL LAUNCH Release on August 11, marking the final chance to buy in at this level.

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BlockDAG’s blend of active development and growing presale traction makes it more than just another crypto project. The developers aren’t simply building features, they are helping shape a network intended for adoption and use. This level of builder-driven growth contributes to its standing among long-term crypto prospects.

Key Takeaways

The Ethena (ENA) price surge shows momentum, with price nearly tripling and TVL continuing to grow. The Cardano (ADA) price analysis presents short-term hurdles but leaves the door open for longer-term progress, aligned with its founder’s vision. Still, it’s BlockDAG that currently leads in both builder engagement and presale momentum. With over 4,500 builders, 300+ projects, and $358 million secured, it is creating a platform with tangible impact.

The current entry price of $0.0016 offers a projected 3,025% return, positioning BlockDAG as the best crypto platform in terms of both potential and development. While Ethena gains traction and Cardano holds its ground, BlockDAG continues moving forward, and for those seeking practical growth, this may be the right time to take notice.

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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/pr/1-blockdag-hits-358m-with-4500-builders-while-ena-climbs-ada-retreats/