Solana Crashes to $112, Pi Coin Tanks 22%, but BlockDAG’s Beta Testnet Onboards 110,000 Investors

While many projects boast scalability or decentralization, few deliver both with real-world traction. BlockDAG and Dragoin ($DDGN) take different routes toward crypto relevance: Dragoin leans into meme culture and gamified presales, capturing attention with themed storytelling.

BlockDAG, on the other hand, applies a hybrid DAG + PoW architecture, backs it with Certik-audited security, and supports it through active testnet milestones, a 750K-strong X1 app userbase, and a clear mainnet roadmap. As the market filters hype from function, BlockDAG positions itself with tangible infrastructure, and it’s this blend that fuels the keyword: BlockDAG.

Solana Crashes from $290 to $112

Solana has seen its price tumble from $290 in February to $112, driven largely by the platform’s meme coin frenzy. Initially, these tokens temporarily boosted activity and fees—topping $44 million in one week—but they’ve triggered major reputational damage. For instance, tokens like Libra and the Official Trump coin reached billion-dollar market caps before collapsing within hours, exposing users to massive losses and rug pulls.

Consequently, as trust eroded, Solana’s metrics took a hit: monthly fees plunged from $252 million in January to $23 million, and revenue fell from $126 million to just $3 million. Moreover, active users dropped from 97 million to 67.8 million. Ultimately, this decline reflects the consequences of prioritizing hype over long-term value.

Pi Coin Slides Further as Indicators Point to Extended Bearish Phase

Pi Coin has dropped over 22% in the past week, currently trading around $0.8842. This drop, aligns with technical signals that suggest more downside ahead. Specifically, the Rate of Change (ROC) is sharply negative at -37.254, showing intense downward momentum. In addition, the Ultimate Oscillator at 39.507 reflects weak buying pressure, while the Relative Strength Index (RSI) sits just above oversold territory at 30.39—signaling possible short-term relief but no confirmed reversal.

Furthermore, the Commodity Channel Index (CCI) is at -100.98, reinforcing the dominance of sellers. While the MACD line shows a slight positive reading of 0.072, suggesting a hint of stabilization, it’s not enough to outweigh broader bearish sentiment. If this trend continues, Pi Coin could revisit support between $0.70 and $0.75. Overall, without a shift in sentiment or volume, the likelihood of a strong recovery in the immediate term remains limited. Traders appear cautious, awaiting stronger confirmation before re-entering.

BlockDAG’s Beta Testnet Empowers Over 110,000 Investors

BlockDAG’s Beta Testnet is a large-scale test of both its technology and its community. To that end, over 110,000 investors have received 10,000 testnet tokens each, automatically distributed via smart contracts and unlocked gradually over four weeks. This strategy, allows users to actively interact with the testnet while simulating real-world use cases—from wallet integration to transaction stress tests.

Importantly, the testnet isn’t just about stress-testing speed or scalability; it’s a live experiment in user onboarding and decentralized participation. To reinforce engagement, incentives for top-performing wallets, miners, and balances ensure that participation is meaningful, not passive.

At the same time, BlockDAG’s strong financial backing—$210 million raised in presale, 18.9 billion coins sold, and a 2,380% ROI since batch 1—underscores the confidence of its growing base. Currently, in batch 27 at $0.0248, the project is turning its investors into active contributors, showing what it means to build with a community, not just for one.

Volatility often exposes more than just price swings—it reveals which projects are built for longevity. As Solana battles a steep drop linked to meme coin speculation and Pi Coin struggles under sustained bearish signals, questions around user trust and network resilience grow louder. BlockDAG, on the other hand, is taking a different route by centering its Beta Testnet on community participation and real-world testing.

With over 110,000 investors actively onboarded and $210 million raised in its presale, BlockDAG isn’t just measuring performance—it’s demonstrating it. In a market craving substance over hype, this approach makes the BlockDAG Beta Testnet worth watching.

Community, Utility, and the Path Forward

Projects often reveal their priorities when pressure mounts. Solana’s reliance on speculative meme coins has backfired, eroding trust and triggering a sharp decline in both value and user activity. Pi Coin, meanwhile, shows limited momentum, weighed down by weak technicals and uncertainty around its next move. BlockDAG presents a contrasting strategy—prioritizing utility, transparency, and mass engagement.

By integrating over 110,000 investors into its Beta Testnet and reinforcing participation with structured incentives, it shifts the focus from hype to hands-on validation. As the space matures, that blend of utility and community may prove to be a more sustainable foundation.