Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Solana News Update: BlockDAG and XMR Rally: The Evolution of Crypto Towards Practical Use and Technological Advancement

Solana News Update: BlockDAG and XMR Rally: The Evolution of Crypto Towards Practical Use and Technological Advancement

Bitget-RWA2025/10/24 20:28
By:Bitget-RWA

- BlockDAG's $600M presale nears completion with 31 batches sold, while Monero (XMR) surges 11% past $307.37 resistance. - Hybrid DAG-PoW architecture enables 2,000-15,000 TPS with Bitcoin-level security, supported by CertiK/Halborn audits and EVM compatibility. - Market shift favors projects with tangible use cases: BlockDAG's $0.05 listing target and XMR's $367 technical target highlight innovation-driven adoption. - F1 team partnership and 3.5M X1 miners amplify visibility, aligning with crypto's Octobe

The cryptocurrency sector is currently energized by two significant events: BlockDAG’s technology advances and market achievements, as noted in

, while Monero (XMR) has surpassed important resistance points, according to . BlockDAG, a Layer-1 blockchain initiative, has accumulated $430 million through multiple fundraising phases, with its BDAG token set at $0.0015. At the same time, XMR jumped 11% to $311.86, breaking past the $307.37 resistance and fueling discussions about a possible move to $327.

Solana News Update: BlockDAG and XMR Rally: The Evolution of Crypto Towards Practical Use and Technological Advancement image 0

BlockDAG’s innovative structure merges Directed Acyclic Graph (DAG) technology with Proof of Work (PoW), supporting between 2,000 and 15,000 transactions per second while retaining security on par with Bitcoin, as described in

. The testnet is already live, featuring EVM compatibility and a roadmap that includes WebAssembly (WASM) integration to broaden developer access. Early dApps such as reflections and lottery platforms highlight its seamless transaction capabilities, and audits from CertiK and Halborn add to its trustworthiness.

BlockDAG continues to grow, distributing 27 billion BDAG tokens to more than 312,000 participants. With a confirmed listing price of $0.05 and a $600 million roadmap, BDAG is positioned as a leading candidate for the largest Layer-1 launch in 2025, according to

. Over 20 exchange listings are secured, and a Binance AMA is planned for October 24, further building anticipation for the upcoming "Genesis Day" mainnet launch.

BlockDAG’s alliance with the BWT Alpine Formula 1® Team has significantly boosted its international profile, tapping into the sport’s audience to drive mainstream adoption. The partnership features interactive simulators, hackathons, and Web3 engagement areas, supporting the project’s mission to connect blockchain with traditional industries. Meanwhile, the network’s rapid growth is evident with 3.5 million X1 app miners and 20,000 hardware miners.

Monero’s latest rally comes after its Fluorine Fermi upgrade, which improved privacy by blocking surveillance nodes; more technical insights are available in

. XMR’s value moved above the 30-day SMA and the 23.6% Fibonacci retracement at $327.76, with indicators pointing to a potential rise to $367 if trading volume stays above $200 million. Many traders see this momentum as a renewed interest in privacy coins, a segment that often gains traction during uncertain markets.

While

(SOL) and (ARB) are attracting institutional investors, the focus on BlockDAG’s performance and XMR’s price surge highlights a market shift toward projects with practical applications and strong security. Experts believe BDAG could reach $1 by 2026, fueled by its hybrid approach and expanding ecosystem. XMR’s ability to surpass $367 could also indicate a resurgence in demand for privacy-centric cryptocurrencies.

As the crypto market enters a crucial October, BlockDAG’s organized rollout and XMR’s technical strength reflect a larger movement: projects that blend innovation, openness, and real-world utility are gaining momentum. With Genesis Day on the horizon and XMR targeting new highs, investors are closely monitoring these unfolding trends.

---

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Update: S&P Rating Drop Highlights Tether’s Risky Asset Holdings and Lack of Transparency

- S&P downgrades Tether's USDT to "5 (weak)" due to high-risk reserves and transparency gaps. - Tether's 5.6% BTC exposure exceeds overcollateralization margins, risking undercollateralization if prices drop. - CEO dismisses critique as traditional finance bias, claiming no "toxic" assets in reserves. - Regulators intensify scrutiny as stablecoin centralization risks emerge amid $184B USDT circulation. - S&P urges Tether to reduce risky assets and enhance reserve disclosure to rebuild trust.

Bitget-RWA2025/11/28 18:10
Bitcoin News Update: S&P Rating Drop Highlights Tether’s Risky Asset Holdings and Lack of Transparency

Dogecoin Latest Updates: Is a Repeat Performance on the Horizon? Holding $0.15 May Signal a 611% Rally for Dogecoin

- Dogecoin (DOGE) stabilized near $0.15 support, triggering historical 611% rally potential to $1 by 2026. - Grayscale's GDOG ETF and pending Bitwise BWOW ETF mark institutional adoption, though initial inflows remain muted. - Technical indicators show mixed momentum with RSI near oversold levels and key resistance at $0.16. - Market remains divided as ETF-driven liquidity and on-chain infrastructure contrast with macroeconomic and regulatory risks.

Bitget-RWA2025/11/28 18:10
Dogecoin Latest Updates: Is a Repeat Performance on the Horizon? Holding $0.15 May Signal a 611% Rally for Dogecoin

Turkmenistan’s Approach to Cryptocurrency: Centralized Oversight Amidst a Decentralized Age

- Turkmenistan legalizes crypto trading under strict 2026 regulations, granting state control over exchanges, mining , and custodial services. - Law mandates KYC/AML compliance, bans traditional banks from crypto services, and classifies digital assets into "backed" and "unbacked" categories. - Central bank gains authority to operate state-monitored distributed ledgers, contrasting with decentralized approaches in South Korea and Bhutan. - Framework aims to balance innovation with oversight, testing Turkme

Bitget-RWA2025/11/28 18:10

Bitcoin News Update: Has $162 Billion Left Crypto Due to Institutional Buying or a Broader Market Pullback?

- BlackRock deposited 4,198 BTC and 43,237 ETH into Coinbase amid crypto sell-offs, despite $355.5M Bitcoin ETF outflows. - A 1.8M BTC ($162B) overnight exchange withdrawal sparks speculation about institutional accumulation or portfolio rebalancing. - $40B in BTC/ETH exchange inflows and record $51.1B Binance stablecoin reserves highlight institutional demand for regulated crypto products. - On-chain data shows 45% of large deposits (≥100 BTC) and 1.8M BTC withdrawals, indicating mixed market sentiment ah

Bitget-RWA2025/11/28 18:10
Bitcoin News Update: Has $162 Billion Left Crypto Due to Institutional Buying or a Broader Market Pullback?