Ethereum has been struggling to keep up lately, with recent Ethereum news highlighting a drop below $1,500 and signals of deeper weakness in both demand and network activity. A similar trend is playing out in the Polkadot (DOT) price, which just hit a five-year low after losing key support levels.
But while these established names face headwinds, BlockDAG (BDAG) is heading in the opposite direction. Its beta testnet is officially live, and to kick things off, the team is offering $60,000 in rewards to 30 users—based on mining activity, wallet use, and coin balances.
Add to that the return of its Chest Boost bonus system, where each purchase unlocks higher multipliers, and it’s easy to see why the presale has already topped $214 million ahead of the upcoming Token Generation Event.
Ethereum News: Value Under Pressure from ETF Outflows
Recent Ethereum news is drawing attention as ETH slips below the $1,500 mark, weighed down by weak ETF demand, bearish on-chain metrics, and fading network activity.
Analysts point to Ethereum trading beneath its realised price—a sign of potential capitulation among holders. Investment flows into spot Ethereum ETFs have also reversed, with over $90 million withdrawn in recent weeks.
At the same time, key metrics like open interest in futures and user activity on the network continue to decline. According to recent Ethereum news, some projections now place a possible price bottom near $1,000 if current conditions persist.
Polkadot Value Hits 5-Year Low: Is Short-Term Rebound Next?
The Polkadot (DOT) price reached a five-year low of $3.25 on April 9, dipping below its long-standing $3.70 support zone. This decline confirms a breakdown from both horizontal and ascending support levels, with technical indicators—like a falling RSI and negative MACD—signaling ongoing bearish pressure.
However, the daily chart shows a potential for a short-term recovery. A completed five-wave pattern and bullish divergence in the MACD suggest that a rebound could follow. If a breakout occurs, analysts project the Polkadot price might climb toward the $6.50–$7.50 range before any longer-term trend resumes.
BlockDAG Offers $60K & 5X Rewards as TGE Countdown Begins
BlockDAG’s Beta Testnet launch is pulling serious weight thanks to a $60,000 incentive campaign that rewards real network activity ahead of its official debut. The setup is simple but smart: $2,000 in BDAG will go to each of the top 10 miners, the 10 most active wallets, and the 10 wallets holding the highest testnet balances.
This structure gives participants a reason to dig in and interact with mining, staking, and wallet functions—all while pressure-testing the system before the Token Generation Event. It’s a hands-on way to validate the network under real-use conditions.
At the same time, BlockDAG has brought back its popular Chest Boosts system. It kicks off with an automatic 5X reward on the first purchase. These rewards escalate with each purchase, unlocking up to four increasingly rewarding chests. Every new purchase brings a bigger multiplier, turning early support into a kind of progression game. This reward style has caught fire, creating stronger momentum across the community and helping drive the project’s already fast-growing presale totals.
The BDAG coin presale stats tell the story: over $214 million raised, 19.2 billion coins sold, and a value increase of 2,380% from $0.001 to $0.0248 by batch 27. With the TGE approaching, these entry prices are nearing their final stretch.
Analysts now rank BlockDAG among the crypto coins to watch, citing its active community, strong development roadmap, and potential for substantial returns up to 30,000X ROI. As the project shifts closer to public listing, the opportunity to buy BDAG at this low presale price will soon become part of its early history.
Final Takeaway
Ethereum’s outlook remains cautious, with recent Ethereum news pointing to lingering weakness unless key metrics reverse course. The Polkadot price may find short-term relief, but long-term recovery hinges on breaking past resistance.
Meanwhile, BlockDAG is in an entirely different lane. Its beta testnet is live, $60K in rewards are flowing, and the presale is surging past $214 million. With prices already up 2,380% and the chest bonuses active—for a limited time—there’s a clear sense that this early phase won’t last much longer.
As the Token Generation Event draws closer, BlockDAG is quickly becoming one of the best crypto coins to watch. However, once the presale ends, current entry points will disappear for good.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.