BlockDAG Raises $313.5M with PoW-DAG-EVM Stack, Surpasses Kaspa

BlockDAG’s $313.5M Presale and PoW-DAG-EVM Stack Set It Ahead of Kaspa in the 2025 Layer 1 Race

Kaspa made headlines in 2022 by showing how Directed Acyclic Graph (DAG) technology could fix blockchain’s speed problems. With its rapid confirmation times and scalable structure, Kaspa opened a new path forward. But since then, BlockDAG has stepped in to evolve the idea.

BlockDAG doesn’t stop at DAG scalability. It adds Bitcoin’s proof-of-work (PoW) for secure decentralisation and also includes Ethereum compatibility through its EVM support and smart contract builder. Its testnet is already operational.

BlockDAG (BDAG) has raised over $313.5 million, sold 22.9 billion coins in presale, and attracted over 2 million mobile miners through its X1 Mining App. More than 18,099 miners have been sold. It’s already delivering and showing progress ahead of listing.

BlockDAG: A Three-Chain Blend with Real Tools

BlockDAG’s system mixes key parts of Bitcoin, Kaspa, and Ethereum.

From Bitcoin, it borrows PoW for top-tier security and decentralisation.
From Kaspa, it takes the DAG structure to allow up to 15,000 transactions per second.
From Ethereum, it adopts EVM support and smart contracts.

The big difference is timing. BlockDAG already lets users build dApps using a no-code interface. This early access lets even non-developers join the network before it reaches exchanges.

While Kaspa remains focused on its foundation, BlockDAG is building its community and tools now. The ongoing presale has also helped grow interest in the platform’s builder-friendly ecosystem. This isn’t just about what works. It’s about when it works.

Real Momentum Before Launch

Most Layer 1 projects build quietly for years before gaining users. BlockDAG has flipped that script. Its testnet is live. So far, 22.9 billion BDAG coins have been sold. More than 2 million users are mining on the X1 app. Its Telegram has over 100,000 members.

What’s next is clear. Twenty exchange listings are already secured, including major platforms. A major U.S. sponsorship is being finalised and could bring the kind of visibility that helped boost Polygon.

The timeline is set. The presale ends six weeks before launch. Four weeks out, the mainnet will go live. Two weeks before listing, 40% of coins will be airdropped. By the time listing hits, the DeFi layer will be fully ready with a bridge, launchpad, DEX, and oracles. These developments give BlockDAG a significant head start compared to many Layer 1 networks. This isn’t a prototype. It’s becoming a full Layer 1 system.

Why Builders Are Quietly Shifting Focus to BlockDAG

BlockDAG is doing more than just selling coins. It’s offering builders what they need. Pre-launch grants are already rolling out. Hackathons are on the way. A no-code and low-code interface is available for smart contracts. The team also plans to support 1,000+ dApps by 2026. These are early but essential steps for attracting long-term builder activity.

This is a sharp contrast to how early builders struggled with Solana’s unstable network or Avalanche’s limited follow-through. BlockDAG has studied what didn’t work before and is fixing it. With a stable base and developer tools already in place, it’s set up to attract real projects.

Its $600 million goal is meant to fund long-term growth, developer rewards, and infrastructure, not just raise capital. This strategic focus could help the project sustain itself long after the initial listing.

A New Layer 1 Contender with Speed and Vision

BlockDAG isn’t a top 50 name yet, but it’s building like it wants to be. It’s fast, secure, and easy to use. That combination puts it in a strong position for 2025.

Analysts are suggesting a post-launch price of $1, with some long-term estimates going as high as $4. Right now, it offers a limited entry point at $0.0018 until June 20. That’s a 2,678% gain if it hits its planned $0.05 listing. These figures are gaining attention as interest in Layer 1 scalability continues to grow.

Timing plays a key role. The six-week countdown to launch hasn’t started yet. With development in full swing, now is still early. Early entries tend to see the biggest gains. The project’s full ecosystem, which includes DeFi tools, staking, and app development, is almost ready. BlockDAG isn’t predicting change. It’s building it.