Blockchain innovation keeps accelerating, and projects like Bittensor and Ethena are leading fascinating experiments. Bittensor is making waves in AI by letting models collaborate and earn rewards, while Ethena is trying to bring stability to crypto with its synthetic dollar, USDe.
But both are still working through adoption and scaling issues. That’s where BlockDAG bursts into view. By merging Directed Acyclic Graph (DAG) and Proof-of-Work (PoW), it delivers high-speed, secure transactions—and adds a developer-first model that could turn it into the go-to Layer 1. With a goal to power 1,000 dApps by 2026, BlockDAG isn’t just thinking big—it’s executing fast.
Bittensor: Tapping Blockchain to Build Decentralized AI
Bittensor (TAO), launched in March 2023, has created a decentralized AI marketplace where anyone can contribute computing power, train models, or share datasets—and earn rewards through the TAO token. It’s a bold move: blending blockchain’s openness with AI’s need for data and compute resources.
The project has attracted serious attention. Big-name VCs like Polychain Capital and Digital Currency Group have poured in hundreds of millions. Grayscale even launched a dedicated Bittensor Trust in August 2024, giving traditional buyers exposure to the TAO token.
By March, 2025, TAO was trading around $265.63, with a market cap of roughly $2.26 billion—up a staggering 184% from its $93.40 launch price. That kind of momentum has cemented Bittensor as one of the most exciting plays in decentralized AI.
Ethena: Bringing a New Kind of Dollar to Crypto
Ethena, founded in early 2024, wants to fill a major gap: creating a stable digital dollar that doesn’t rely on banks. Its product, USDe, is a synthetic dollar built on Ethereum, offering users a stable asset without being tied to traditional systems.
The idea gained traction fast. In December 2024, Ethena raised $100 million in a private ENA token sale. With backing from firms like Franklin Templeton and F-Prime Capital, the project gained strong institutional support. That funding is now fueling work on a native blockchain and a new financial token aimed at legacy finance.
As of March 26, 2025, ENA is trading at $0.4204 with a market cap nearing $2.22 billion. While that’s only about a 5% bump from its initial price of $0.40, its ongoing progress and big-name partnerships make it a serious player in bridging TradFi and DeFi.
BlockDAG Sets Its Sights on Hosting 1,000 dApps by 2026
BlockDAG’s vision is clear: it wants to be the foundation for the next generation of decentralized apps. Unlike traditional blockchains that slow down under pressure, BlockDAG’s hybrid DAG + PoW model allows for fast, secure, and scalable transactions. It doesn’t line transactions up in a queue—it processes them in parallel.
To bring this to life, BlockDAG is rolling out programs built to spark developer momentum. Its roadmap includes dApps across gaming, DeFi, health, identity, and governance. With an Ambassador Program, Grants for projects, and hackathons with over $100K in rewards, the project is putting tools in developers’ hands.
So far, it’s working. BlockDAG’s presale has pulled in $209 million, now in its 27th batch for $0.0248. That’s a 2,380% ROI from batch 1. With over 19 billion coins sold, it’s clear the crypto community is paying attention—and buying what they see as a high-potential future.
Usability & Growth: BlockDAG’s Formula for Web3 Domination
Bittensor is changing how AI gets built. Ethena is reinventing financial stability. But both still face real challenges when it comes to usability and scale. BlockDAG is stepping into that gap by making blockchain simpler, faster, and more inclusive.
Its hybrid consensus system solves problems like high fees and clogged networks. And its roadmap for 1,000 dApps isn’t just about numbers—it’s about creating an ecosystem that anyone can build on and everyone can use. With a community-first funding model and tools already in motion, BlockDAG looks ready to support real Web3 growth.
The message from Keynote 3 was loud and clear: BlockDAG isn’t just keeping up—it’s aiming to lead. As the countdown to mainnet continues, the project is building the kind of momentum that could reshape what users expect from Layer 1 chains.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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