BlockDAG Hits $214.5M With 2,380% Gain as HYPE Rises 38% and OM Plunges 90%

HYPE Gains 38%, OM Faces Pressure, But BlockDAG’s $214.5M Presale Lead April’s Top Crypto Headlines

April has been full of surprising turns in the crypto market. From sudden price jumps to unexpected sell-offs, investors have had plenty to keep an eye on. Hyperliquid (HYPE) showed strong signs of growth, climbing 38% while hitting new highs in total value locked (TVL). Mantra (OM), however, made waves for different reasons, with a sharp 90% drop sparking debates about project control and transparency.

But the biggest story this month isn’t just about price—it’s about progress. BlockDAG has seen its presale explode by 2,380%, raising $214.5 million and gaining support from over 100,000 buyers. Backed by live features, community incentives, and a 600% Golden Ticket bonus, it’s becoming one of the most talked-about crypto projects heading into Q2.

Hyperliquid (HYPE) Sees TVL Surge and Price Growth

Momentum is building around Hyperliquid, with its TVL reaching $536 million—a massive 10,000% increase from six months ago. The token price followed suit, jumping 38% in the last week. Now holding a 3.8% share in the decentralized perpetuals sector, HYPE is starting to rival more established protocols like dYdX.

Over 100,000 wallets are active on the platform, and strong engagement shows that interest goes beyond short-term hype. Analysts are now targeting $20.77 for April, suggesting room for further upside.

Still, some are waiting to see if the rally can hold. While current data points to continued growth, the real test will come as competition tightens and trading volumes shift. For now, Hyperliquid remains on track as one of the top performers this month.

Mantra (OM) Faces Uncertainty After Sudden 90% Drop

Mantra (OM) made headlines for all the wrong reasons in April. In a matter of hours, its token dropped 90%, triggering major liquidations. According to the team, the cause was forced closures by centralized exchanges—an explanation that left many in the community frustrated.

Further details revealed that internal wallets sent large amounts of tokens to exchanges before the crash, leading to speculation. Although the team claims vesting schedules are still intact, confidence has taken a hit.

While a short-term bounce is possible, some analysts warn that it may take time for trust to return. With user sentiment shaken, OM is no longer viewed as a safe bet. As a result, attention is shifting to projects that provide more transparency and stronger safeguards.

BlockDAG Raises $214.5M, Delivers 2,380% Growth, and Offers 600% Bonus

Amid mixed signals from HYPE and OM, BlockDAG is setting a clear direction—and it’s upward. Since the start of its presale, the project has jumped by 2,380%, drawing $214.5 million in contributions. But this isn’t just about big numbers. The platform is live, with a Beta Testnet already running and giving users access to tools like a token creator, NFT builder, and block explorer.

The system can handle 15,000+ transactions per second, thanks to its use of DAG combined with Proof-of-Work. That speed gives it an edge over slower legacy blockchains, and it’s attracting both developers and investors alike.

BlockDAG’s presale is still open, with a 600% Golden Ticket bonus available through promo code BDAG1200. This gives new users extra allocation and early access to upcoming airdrops. More events are just around the corner, including the 7th AMA on April 17, which will cover exchange partnerships, dev grants, and further roadmap milestones.

The team is also preparing for its first Global Convention, aimed at expanding its reach across different regions. Participants in the presale will get priority access, reinforcing the project’s focus on long-term community growth.

Compared to other projects still figuring things out, BlockDAG is building with clear direction. Its mix of strong presale results, working tech, and global outreach is setting it up as a potential leader through 2025.

Final Take: April Belongs to BlockDAG

Hyperliquid has gained fast and is showing promise. Mantra, though once a favorite, is now surrounded by uncertainty. But the project that’s checked all the boxes this April is BlockDAG.

With $214.5 million raised, a 2,380% rise in token value, a live testnet, and a 600% bonus still running, it’s more than a presale—it’s a full product rollout in motion. As more milestones approach, BlockDAG looks ready to keep leading the conversation into the next quarter.