BlockDAG Keynote 3 Shows How it’s Beating Bittensor & Ethena in Usability

BlockDAG’s Keynote 3 Unveils 1,000 dApp Roadmap and 2,380% Growth! Bittensor Jumps 184% While Ethena Struggles

Blockchain technology has advanced significantly, with platforms such as Bittensor and Ethena gaining recognition for their unique approaches. Bittensor has opened the door to decentralized artificial intelligence by building a shared marketplace for AI models, while Ethena focuses on financial reliability using its synthetic dollar system.

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Still, both face issues with scalability and widespread usage. In comparison, BlockDAG is moving the needle forward by merging Directed Acyclic Graph (DAG) with Proof-of-Work (PoW), delivering faster transactions and high-level security. With a clear focus on ease of use and developer participation, BlockDAG (BDAG) is developing a network aimed at supporting 1,000 dApps by 2026, reshaping expectations in Web3.

Bittensor: Decentralizing Artificial Intelligence

Introduced in March 2023, Bittensor (TAO) created a decentralized framework meant to transform AI development through blockchain use. It offers a global hub for AI models to be developed, trained, and monetized in a shared environment. At the heart of the platform is the TAO token, encouraging contributions of computing power, data, and expertise.

Bittensor has drawn wide attention from the tech space and financial backers. Notably, major firms like Polychain Capital and Digital Currency Group have put in hundreds of millions, signaling strong belief in its AI-blockchain synergy. Moreover, Grayscale Investments launched the Grayscale Bittensor Trust in August 2024, allowing traditional market access to TAO.

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As of March 26, 2025, TAO trades at about $265.63 with a market value close to $2.26 billion. Compared to its debut price of $93.40 in March 2023, that reflects a growth of around 184%. This significant rise showcases how Bittensor has delivered solid value early on and established a strong foothold in decentralized AI.

Ethena: Bridging Crypto and Traditional Finance

Starting in early 2024, Ethena set out to offer a blockchain-based answer to stable currencies without relying on traditional banks. It introduced USDe, a synthetic dollar protocol on Ethereum, offering users a stable digital asset for everyday use.

In December 2024, Ethena raised $100 million through a private sale of its governance coin, ENA. Major backers like Franklin Templeton and F-Prime Capital participated, highlighting solid interest from financial institutions. These funds aim to build another coin geared toward the traditional finance space and to develop Ethena’s own chain.

By March 26, 2025, ENA is valued at around $0.4204 with a market cap nearing $2.22 billion. From its private sale price of $0.40, this marks a small increase of roughly 5%. Although growth has been modest, Ethena’s key partnerships and plans keep it relevant in the conversation on blending traditional and decentralized finance.

BlockDAG’s Plan to Power the Next Generation of Web3 Apps

BlockDAG is taking major steps toward becoming a foundation for Web3, with a mission to host more than 1,000 decentralized apps by 2026. Where older networks struggle with slow speeds and high costs, BlockDAG’s mixed structure—blending DAG and PoW—enables high throughput and tight security. It handles several transactions at once, delivering a smooth experience and avoiding the delays seen in linear chains.

To push this strategy forward, BlockDAG is targeting different industries, including finance, gaming, health, identity, and governance. It has rolled out a full plan to support builders. This includes the Ambassador Program to bring in developers, a Grants Program for funding projects, and global hackathons with more than $100K in prizes. These tools are designed to help creators launch and grow impactful apps.

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Momentum around the project is already building. BlockDAG has raised $209 million during presale, reaching its 27th batch at a current coin price of $0.0248—an ROI of 2,380% since the first batch. Over 19 billion units have been sold so far, proving strong backing from the community.

As the mainnet nears launch, BlockDAG’s focus on usefulness and supporting developers clearly separates it from other Layer 1 platforms. By solving old issues like traffic overload and costly fees, it’s laying the path for a new wave of Web3 apps that can scale and serve real needs.

Summing Up!

Projects like Bittensor and Ethena have taken valuable steps in fields like AI and financial bridging, yet they continue to face problems with scaling and adoption. BlockDAG takes a different path by emphasizing real-world usability.

Its blend of DAG and PoW tackles delays and high fees head-on, creating space for wider blockchain use. With a goal of supporting 1,000 dApps by 2026, BlockDAG isn’t only working on technology—it’s forming an ecosystem ready to back the tools and services needed for the Web3 era.