Hyperliquid News Today: BlockDAG's Explosive Presale Surges Ahead Despite Crypto Market Uncertainty

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Hyperliquid News Today: BlockDAG's Explosive Presale Surges Ahead Despite Crypto Market Uncertainty

Bitget-RWA2025/10/31 17:38

By:Bitget-RWA

- BlockDAG's $435M presale at $0.005/coin outpaces Hyperliquid (HYPE) and AAVE's recent price declines amid crypto market volatility. - HYPE fell 2.82% in 24 hours due to macroeconomic pressures and failed to break $46.1 technical resistance, contrasting BlockDAG's 32nd batch momentum. - BlockDAG combines Bitcoin's PoW security with DAG architecture (15,000 TPS) and 312K+ holders, attracting 4.5K developers to its testnet. - With 20K X-series miners sold and Formula 1 partnership, BlockDAG's public leaders

Hyperliquid (HYPE) and

AAVE

have both experienced notable price increases recently, yet much of the crypto community’s focus is now shifting toward BlockDAG. Despite ongoing turbulence in the digital asset market, BlockDAG’s swift fundraising—currently in its 32nd round at $0.005 per token—has made it a prominent player ahead of its planned exchange launch in February 2026. The project, which now boasts more than 312,000 participants, is seen as a rare combination of institutional backing and strong grassroots support, as highlighted in a

Crypto.news report

In contrast, Hyperliquid’s recent price movement has been negatively affected by broader economic challenges. A

CoinMarketCap analysis

notes that the token dropped 2.82% over the last day, lagging behind its 14.05% gain over the previous week. Experts link this downturn to a general shift toward caution in the crypto sector, as the Fear & Greed Index fell to 34 from 43 a month ago. Technical signals also indicate a retreat, with HYPE unable to surpass the $46.1 resistance and currently testing Fibonacci support at $45.42. An API disruption on October 30 briefly unsettled traders, though the platform later confirmed there were no security issues.

The project’s technology, which merges Bitcoin’s Proof-of-Work security with a Directed Acyclic Graph (DAG) structure, is designed to deliver 15,000 TPS while preserving decentralization. More than 4,500 developers have already joined its Awakening Testnet, indicating strong early interest, according to a

Digital Journal report

Its transparent leadership—headed by CEO Antony Turner and blockchain expert Dr. Maurice Herlihy—brings a level of trust not often found in anonymous crypto startups. Its partnership with Formula 1’s BWT Alpine team further boosts its mainstream visibility. However, as with all speculative investments, risks persist. The February 2026 exchange listing could result in significant price fluctuations.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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