BlockDAG (BDAG) is concluding its presale on January 26, 2026, having raised over $443 million, while positioning its Directed Acyclic Graph (DAG) architecture as a challenger to established Layer 1 blockchains Solana (SOL) and Avalanche (AVAX). The presale, priced at $0.001 per token in its final batch, has attracted over 312,000 holders and 3.5 million users through its X1 mining app, signaling significant late-stage interest ahead of its public listing.
The core narrative compares scaling approaches. Solana is highlighted for its high throughput—theoretically up to 65,000 transactions per second (TPS)—achieved via Proof-of-History (PoH). However, the article notes concerns over network centralization, high validator hardware requirements, and past outages due to its single-chain, vertically scaled design.
Avalanche is presented as taking a horizontal, multichain path using Subnets and its C-Chain for EVM compatibility. This offers flexibility but introduces complexity for developers, potential liquidity fragmentation, and interoperability challenges.
BlockDAG proposes a different foundation: a base-layer DAG structure that allows for parallel block confirmation and transaction execution, aiming for native scalability without added layers or sidechains. The project claims its hybrid DAG + Proof-of-Work architecture supports up to 1,400 TPS while maintaining EVM compatibility. The presale's imminent closure on January 26 creates a final window for investors to acquire BDAG at a fixed price before it enters public market price discovery.