The recent Ethereum news points to a dip below the $1,500 line, signaling reduced network use and lower demand. Simultaneously, the Polkadot (DOT) price recorded a new five-year low after it lost vital support.
In contrast, BlockDAG (BDAG) is heading full speed in the other direction. Its beta testnet is now operational, and the team has introduced a $60,000 reward program for 30 users based on mining performance, wallet engagement, and balance levels.
The return of the Chest Boost reward mechanism is also drawing attention. This system allows users to earn increasingly higher multipliers with every BDAG purchase. These strong offerings have helped push the presale total to $214 million, just ahead of the much-anticipated Token Generation Event.
Ethereum News: Sluggish ETF Activity Pressures Price
Ethereum is experiencing a notable downturn, falling under $1,500 amid reports of declining activity and weak exchange-traded fund inflows. According to analysts, Ethereum’s current trading value below its realised price may signal possible surrender by long-time holders.
Adding to this concern, more than $90 million has been pulled from spot Ethereum ETFs over recent weeks. Further, network metrics such as open interest in futures and active user participation show no signs of recovery. Some experts warn that, if these patterns continue, Ethereum could fall closer to $1,000 in the near term.
Polkadot (DOT) Price: Rebound Hope Amid Historic Low
On April 9, the Polkadot (DOT) price reached $3.25, breaking below its $3.70 support for the first time in five years. This confirms a breach of both horizontal and rising trendlines, supported by technicals like declining RSI and negative MACD readings.
Despite this, there’s still hope for a short-term bounce. Chart analysts observe a completed five-wave structure and bullish divergence in MACD, which may trigger a move upward. Should that occur, the DOT price could touch the $6.50 to $7.50 range before establishing a longer-term direction.
BlockDAG Rolls Out $60K Incentive Plan & 5X Chest Rewards Before TGE
BlockDAG is gaining momentum with the rollout of its Beta Testnet and a $60,000 testnet reward system. It allocates $2,000 worth of BDAG each to 10 top miners, 10 most active wallets, and 10 highest testnet holders.
This model encourages users to fully engage with BlockDAG’s testnet features, including mining, staking, and wallet usage—helping stress test the system ahead of the Token Generation Event.
The Chest Boost bonus feature is also live. With an initial 5X reward unlocked on the first buy, each subsequent transaction raises the multiplier further, unlocking up to four progressively larger chests. This has triggered stronger participation and contributed to the rising presale figures.
The numbers back it up: BlockDAG has raised over $214 million, with 19.2 billion coins already purchased. Its price has increased by 2,380%, moving from $0.001 in batch one to $0.0248 in batch 27.
BlockDAG is now seen as one of the top crypto coins to watch. Analysts are spotlighting its active user base, consistent progress updates, and projections of up to 30,000X ROI. With the presale nearing its close, these discounted prices are soon to become history.
Final Remarks!
Ethereum continues to show signs of strain, as recent Ethereum news outlines potential for further losses if conditions remain unchanged. Polkadot (DOT) might find near-term support, but longer-term movement depends on overcoming resistance.
BlockDAG, however, stands apart with a live beta testnet, $60,000 in ongoing rewards, and presale numbers climbing past $214 million. With Chest Boosts multiplying rewards up to 5X, the current phase offers a rare early window.
As the Token Generation Event nears, BlockDAG is proving to be one of the most exciting crypto coins to watch now. Once the presale ends, access to these early rates will be gone for good.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.