Ethena is rising fast in the DeFi space, recently breaking into the global top 10 protocols. Its focus on synthetic assets continues to attract capital, and the upcoming launch of Stablecoin X is expected to drive even more growth. The outlook now depends on how well the project scales in a highly competitive environment.
Cronos is also making moves. Its price rally is gaining momentum with support from rising futures interest and new real-world integrations through Crypto.com’s institutional-grade custody offerings.
Meanwhile, BlockDAG (BDAG) is capturing major attention. A live demo of its X1 and X10 miner combo revealed a 10x increase in daily BDAG rewards. With 2.5 million miners, $358 million raised, and a GLOBAL LAUNCH reveal set for August 11, BlockDAG is emerging as a serious contender.
Ethena Sees 40% TVL Surge as Stablecoin Demand Rises
Ethena is gaining momentum fast, with total value locked climbing to around $7.72 billion. That marks a 40% increase since July 1, pushing the protocol into the global DeFi top 10. USDe, its synthetic dollar stablecoin, now accounts for 73% of TVL, highlighting strong interest in decentralized yield strategies.
The ENA token nearly tripled in price, jumping from about $0.25 to early highs of $0.67. With trading volume climbing and buzz building around the upcoming Stablecoin X launch, many are watching Ethena’s next moves closely.
Cronos Price Rally Strengthens with Institutional Backing
Cronos is pushing higher, rising above $0.145 after rebounding from key support near $0.136. Crypto.com’s new partnership with Theta Network, which involves institutional custody of 15 million THETA tokens, helped spark renewed interest and boost confidence in CRO.
Open interest in CRO futures jumped from $29.5 million to over $49.3 million, setting a new record and reinforcing the bullish narrative. Technicals also point upward, with RSI hovering near 77 and MACD holding a bullish crossover. If the $0.136 level continues to act as support, CRO may soon make a run toward the $0.171 mark.
BlockDAG’s Viral Miner Demo and $358M Surge Set Up Massive Reveal Ahead of August 11
While many crypto projects talk about innovation, BlockDAG is showing it in real time. Its recent demo featuring the X1 mobile miner paired with the X10 hardware drew major attention. The live setup revealed how users can scale daily mining rewards from 20 BDAG to 200 BDAG just by connecting the two. This kind of boost, with no technical barriers, reflects how fast and user-friendly the BlockDAG ecosystem is becoming. The X1 app now has over 2.5 million active miners, proving adoption is already in motion.
That surge is also reflected in BlockDAG’s ongoing presale. So far, it has raised more than $358 million and sold over 24.4 billion coins. Hardware sales have crossed 18,800 units, making it one of the most active crypto launches of the year. BlockDAG is currently in Batch 29 at $0.0276, but the limited $0.0016 GLOBAL LAUNCH release price remains available until August 11.
With the official listing price locked at $0.05, this pricing window creates a rare opportunity for up to 3,025% returns. Even early participants from Batch 1 have already seen gains of 2,660%, reinforcing confidence in the project’s momentum.
With scalable mining, mass adoption, and strong presale metrics, BlockDAG continues to position itself as one of the most promising crypto coins heading into 2025.
Moving Ahead
Ethena is making its mark in DeFi with more than $7.7 billion in TVL and growing attention around its synthetic stablecoin ecosystem. Cronos is also gaining ground, with its price climbing above $0.14 on the back of bullish indicators and increased institutional support through Crypto.com.
Still, BlockDAG is setting the pace with clear momentum. The X1 mining app now counts 2.5 million users, and the presale has raised over $358 million. With coins available at $0.0016 ahead of the August 11 GLOBAL LAUNCH release, the 3,025% ROI potential makes BlockDAG a standout among this year’s most promising crypto projects.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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