BlockDAG (BDAG) is in the final hours of its presale, with only 600 million coins remaining before it transitions to open market trading. The project, which describes itself as a hybrid Directed Acyclic Graph (DAG) and Proof of Work blockchain, is positioning its upcoming mainnet as a direct competitor to established Layer-1 networks like Ethereum and Solana by promising a transaction throughput of 10,000 TPS.
The core technical claim is that its DAG architecture, which processes transactions in parallel rather than sequentially, eliminates the congestion and high fees plaguing legacy chains. The project reports having raised a significant amount during its presale and attracted a large number of early participants, though specific figures are not disclosed. This shift from a fixed presale price to market-based price discovery on exchanges is expected to introduce volatility, with prices subject to supply, demand, and broader market conditions.
A key strategic feature is BlockDAG's full compatibility with the Ethereum Virtual Machine (EVM), allowing developers to port existing Ethereum-based applications—including DeFi platforms and games—to its network without code changes. The project also highlights a mobile mining application with a reported growing user base.
The rapid consumption of the presale allocation, down to the final 600 million coins, is framed by the project's supporters as market validation of its technological promise. The mainnet launch is presented as a pivotal moment that could catalyze a "Technological Flippening," redirecting capital and developer attention from slower, congested networks to high-performance infrastructure.
