Here’s Why Developers Are Leaving TON and BNB for BlockDAG’s $30M Grants!

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When two prominent coins flash opposing signals just as a massive dev incentive rolls out, eyes shift quickly. BNB has turned heads with a bullish pattern breakout, backed by speed improvements from the Lorentz testnet upgrade. In contrast, Toncoin (TON) is wobbling, pressured by selling activity and fragile support zones, despite decent network traction.

As BNB maintains momentum and TON fights to stay afloat, a different project is quietly rising—BlockDAG (BDAG). With $214 million already raised and a tech foundation that pushes beyond today’s limits, BlockDAG is setting the stage for a global hackathon series backed by $30M in builder grants.

Web3 developers, coders, and creators are lining up to be the first movers on a chain already set to debut on 10 major centralized exchanges. Among today’s top crypto coins, BlockDAG is quickly becoming the go-to choice for builders.

BlockDAG’s Hackathon Series Sparks Dev Frenzy

The upcoming Hackathon initiative from BlockDAG is making waves across the community. A $30 million grant pool is up for grabs, drawing in builders eager to deploy on a powerful framework before the market takes off.

These events are more than code jams—they’re a launchpad for real applications built on high-speed architecture. With support from HackerEarth and global backing, participants gain expert guidance, exposure to a massive user base, and access to fast-track listings.

The beta testnet is already up and running, enabling live dApp deployment and offering tools like a no-code token and NFT builder. Weekly testnet rewards are being claimed by over 110,000 users, and a detailed vesting timeline is publicly available, along with confirmed plans for a 2025 mainnet debut.

BlockDAG merges DAG and Proof of Work models, allowing speeds of 2,000 TPS now and scalable up to 15,000 TPS—surpassing many of today’s leading crypto coins.

crypto next giant?

BlockDAG’s crypto presale is gaining attention too. Over $214 million has been collected, with more than 19.2 billion BDAG coins sold. It’s now in batch 27 at $0.0248 per BDAG—marking a 2,380% surge from the initial batch.

Early participants can still access the BDAG7X bonus, unlocking significant volume boosts ahead of 10 centralized exchange listings. With this momentum and unparalleled support for builders, BlockDAG is shaping up to be one of the top crypto coins worth watching closely.

TON Struggles Amid Whale Activity and Support Risks

Toncoin (TON) has been grappling with volatility, especially after a steep 30% decline triggered by large-scale whale exits. Although the price briefly crossed $3.95 in late March, it failed to sustain that level and slipped under the $3.5 support, now hovering around $2.90.

Metrics like SOPR indicate many recent trades have been made at a loss, reflecting panic exits by short-term holders. On-chain data shows the Chaikin Money Flow stuck in negative territory at -0.14, suggesting persistent outflows.

TON

However, the TON network hasn’t entirely stalled. Daily active users remain consistent, and long-term addresses had previously shown signs of steady accumulation during early 2024. That said, the current shift in Net Position Change suggests this trend is reversing.

If TON falls below $2.4, the next downside target could be $1.84. Conversely, reclaiming $3.5 with a strong volume might reignite bullish interest, especially if broader crypto sentiment turns positive.

BNB Gains Strength After Testnet Milestone

BNB has seen renewed confidence after completing the Lorentz testnet upgrades. With opBNB blocks now processing in just 0.5 seconds and BSC testnet blocks at 1.5 seconds, the chain’s speed has drastically improved.

This sets the stage for mainnet updates planned for April 21 and 29. The price recently broke past a year-long ascending triangle and is trading near $579. Key resistance levels lie at $590, followed by $640 and $735 if momentum holds.

Backbone of web3

Technical indicators paint a solid picture for BNB. The RSI sits around 45, offering room for further gains. The MACD is narrowing, signaling a slowdown in seller activity.

Analysts have also pointed out that BNB’s pattern within an ascending channel could take it as high as $960 over time. With the upgrade nearly finalized and transaction metrics on the rise, BNB is entering a promising phase.

Final Say!

BNB’s breakout holds steady, bolstered by faster throughput and supportive technicals, keeping the BNB price outlook strong. In contrast, Toncoin remains shaky, with its technical structure weakened by recent whale sell-offs and sliding support levels. But the standout right now is BlockDAG.

With over $214 million raised and a 2,380% gain since presale launch, BlockDAG is among the top crypto coins today. The $30M hackathon initiative, combined with tools for easy dApp creation and plans for 10 CEX listings, makes it a top choice for builders.

Whether you’re a seasoned Web3 developer or just starting, BlockDAG offers a rare chance to build and grow on a high-speed chain before it fully launches. It’s not waiting on a bull run—it’s setting it into motion.

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