BlockDAG’s Keynote 3 Stuns with 800K Miners & 10,000 ASICs—While Cardano & Dogecoin Slip

While ADA struggles near $0.64 and DOGE remains stalled below $0.21, BlockDAG is forging ahead. Keynote 3, not a wishlist but a delivery log, showcases a beta testnet already running at double the alpha's speed, processing real transactions with over 100 validator nodes. The X1 Miner App boasts over 800,000 users, and 10,000 ASICs are en route to bolster the PoW + DAG-powered chain. Further bolstering its position are tools like a no-code builder, six-figure hackathons, and partnerships with organizations such as Inter Milan and the UFC. BlockDAG isn't just talking; it's delivering.

BlockDAG's Keynote 3 highlighted tangible progress. The live beta testnet, twice as efficient as its predecessor, handles real-world transactions across a decentralized network supported by 100+ validators. This isn't a test; it's a functioning system. The X1 App's over 800,000 users demonstrate significant real-world adoption, fueled by its mobile-first design and user-friendly mining experience.

BlockDAG's growth extends beyond the digital realm. Production is underway for 10,000 ASIC miners (X30s and X100s) to secure the mainnet's PoW mechanism. These aren't future plans; they're actively being deployed. A no-code NFT and token creator empowers users to build without coding expertise. The presale has already raised $211.5 million, with BDAG priced at $0.0248 in Batch 27—a 2,380% increase from Batch 1. Global campaigns, $100,000 hackathons, and strategic partnerships solidify BlockDAG's proactive approach.

Cardano (ADA), hovering around $0.64, faces uncertainty. A Doji candlestick and a drop below the 200-day EMA indicate market indecision. Volume is down 20%, reflecting a cautious sentiment. Significant short positions ($13.6 million versus $5.5 million long) create pressure zones around $0.662 and $0.70. While a bounce could push ADA towards $0.85, failure to maintain support could lead to further sideways movement or decline. Currently, ADA is reacting rather than leading.

Dogecoin (DOGE) is holding above $0.16, but resistance levels at $0.18 and $0.21 (where 15% of DOGE's supply last moved) pose significant challenges. Despite this, increased volume (nearly 10%) and a $1.65 billion open interest suggest underlying momentum. Whale wallets added 220 million DOGE in March, further supporting a bullish outlook. Long/short ratios on Binance and OKX are leaning long, but market sentiment remains volatile. A breakout could propel DOGE towards $0.22 or $0.25, but this requires external support from Bitcoin or broader market trends.

In summary, ADA and DOGE are awaiting market direction. BlockDAG, however, is actively progressing, with a live testnet, validator support, and substantial user adoption. The project's rapid hardware deployment, product updates, and over 800,000 users and 10,000 ASIC miners demonstrate its significant momentum. A $210 million presale and user-friendly tools further solidify its position as a strong contender in the cryptocurrency space. If the crypto market shifts, BlockDAG is positioned not just to adapt, but potentially to shape the future.

Disclaimer: This article is a sponsored press release for informational purposes only. It does not constitute financial, legal, or investment advice. Investing in cryptocurrencies involves significant risk. Conduct your own research and invest at your own risk.