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With $211.5M Raised Rapidly, BlockDAG Becomes a Crypto Phenomenon— Meanwhile HYPE Drops and TAO Surges

With $211.5M Raised Rapidly, BlockDAG Becomes a Crypto Phenomenon— Meanwhile HYPE Drops and TAO Surges


BitcoinSistemi
2025-04-05 17:00:01

A recent $12 million exploit has sent Hyperliquid’s HYPE spiraling, raising serious concerns over its platform security. Despite ongoing plans to compensate affected users, market faith in the project is still unstable. On the other hand, Bittensor (TAO) is gaining momentum after breaking free from a long-term wedge pattern, supported by strong indicators and a surge in open interest. Yet, while TAO aims for a $750 mark, attention is steadily moving toward BlockDAG (BDAG) . Its DAG and Proof-of-Work hybrid framework is tackling Ethereum’s known drawbacks—slow speeds, high transaction costs, and ongoing security gaps. With presale gains hitting 2,380% and tools that make launching coins easier than ever, BlockDAG is reshaping how people approach blockchain development. As more creators move away from Ethereum and look for dependable, high-speed networks, BlockDAG becomes more than just an alternative—it becomes a preferred choice. The real question isn’t why, but when to join. HYPE Struggles After $12M Hyperliquid Breach The Hyperliquid platform experienced a severe hit from an exploit linked to its thinly traded JELLY asset, resulting in a $12 million loss for its Hyperliquidity Provider (HLP) vault. This incident involved a trader injecting $7.1 million, manipulating JELLY”s price through leverage, and creating significant losses. Following the attack, HYPE—the native asset of Hyperliquid—plummeted by 14%, currently sitting at $14.23. Although the team has promised to reimburse affected parties (excluding flagged wallets) via the Hyper Foundation, questions around platform resilience remain. Quick mitigation steps and backend improvements may help HYPE recover its lost standing. For risk-tolerant participants, this price drop could be a potential re-entry moment—if the platform swiftly regains user trust and secures its framework. TAO Breaks Key Resistance: Is $750 Within Reach? Bittensor (TAO) has successfully moved out of a six-month wedge, which many traders consider a sign of an upward shift. This breakout, along with stronger open interest and consistent bullish candles, reflects rising sentiment. TAO now trades close to $275, and analysts suggest $750 as a plausible future price, assuming it clears the $300 barrier. Indicators such as RSI and MACD continue to trend positively, and trading volume is also climbing. With open interest rising more than 10% in just a day, market participants are beginning to show increased confidence. The setup may offer a key moment for those eyeing a breakout before further price movement unfolds. Why Developers Are Choosing BlockDAG Over Ethereum—And Why It Matters Developers are increasingly moving toward BlockDAG—and there’s a clear reason behind the shift. Ethereum”s congestion during peak periods and unpredictable fees create serious challenges. BlockDAG”s combination of DAG technology and Proof-of-Work resolves these issues by handling thousands of transactions per second without delays or vulnerabilities. This level of efficiency is especially important for use cases that demand constant activity. Affordability also gives BlockDAG an edge. While Ethereum often suffers from fluctuating and costly gas fees, BlockDAG offers stable and budget-friendly operations, appealing to those who need frequent and reliable transactions. Ease of use is another area where BlockDAG leads. Tools like the Token Creation Wizard simplify launching new digital assets, even for beginners who lack advanced coding skills. Its secure, parallel validation system also strengthens its resistance to potential breaches, making it a safer space to build. Raising more than $211.5 million during its crypto presale , with a remarkable 2,380% return from early rounds, BlockDAG has already sold over 19.1 billion coins. The excitement is drawing developers quickly. Missing this may mean missing a key shift in blockchain progress. Final Say! While HYPE may recover once it restores faith, and TAO’s technical outlook looks promising, BlockDAG brings real solutions to problems still troubling major networks. With $211.5 million raised, a developer-first system, and rapid processing speeds, this is more than a presale phenomenon—it’s shaping up to be a major player. TAO may attract market watchers, and HYPE could rebound with corrective efforts, but BlockDAG is where creators and serious resources are heading. It’s not simply a coin—it’s a growing framework built for performance, adaptability, and strength. For those tired of lagging networks and short-term price plays, BDAG offers something more meaningful. It’s early in its lifecycle, yet already solving big issues. Among the top picks this month, BlockDAG isn’t just another name—it’s setting new benchmarks. Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Continue Reading: With $211.5M Raised Rapidly, BlockDAG Becomes a Crypto Phenomenon— Meanwhile HYPE Drops and TAO Surges


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