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Coinwy > Blog > CMC > BlockDAG Draws 2.5M Miners, ETH Targets $4K, Avalanche Builds On
CMCNews

BlockDAG Draws 2.5M Miners, ETH Targets $4K, Avalanche Builds On

Thiago Alvarez
Last updated: August 1, 2025 11:00 pm
Thiago Alvarez
Published: August 1, 2025
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BlockDAG Draws 2.5M Miners, ETH Targets $4K, Avalanche Builds On

ETH Pushes Toward $4K, AVAX Grows on Real Assets, and BlockDAG Hits Mining Milestone as 2.5M Miners Join

Ethereum is drawing more attention again, as Standard Chartered raises its Ethereum (ETH) price prediction to $4,000. This shift comes as institutions begin focusing less on Bitcoin. At the same time, Avalanche (AVAX) market sentiment is climbing after a major move brought $250 million in tokenized assets into its ecosystem.

Contents
ETH Pushes Toward $4K, AVAX Grows on Real Assets, and BlockDAG Hits Mining Milestone as 2.5M Miners JoinEthereum (ETH) Price Prediction Sees Upside to $4KAvalanche (AVAX) Market Sentiment Lifts After Major Asset MoveNew Mining Wave Begins as 2.5M Users Join BlockDAG’s EcosystemKey Takeaways

While Ethereum and Avalanche show growth through institutional backing, BlockDAG (BDAG) is moving forward with a different path: easy access. Over 2.5 million users have started mining BDAG using only their phones and a simple tap each day on the X1 app.

That’s just one part of the progress. BlockDAG’s physical mining gear is also seeing strong demand, with 18,900 plug-and-play units sold. These miners skip the setup headaches, giving more people a chance to join the network from the start.

Ethereum (ETH) Price Prediction Sees Upside to $4K

Standard Chartered now expects Ethereum to move past $4,000. This Ethereum (ETH) price prediction is driven by a growing shift of focus away from Bitcoin. According to the bank, limits on direct crypto exposure are leading institutions to look at ETH instead.

Geoff Kendrick, who leads digital asset research, noted that institutional ETH interest is rising faster than Bitcoin’s. The bank also set up a spot trading desk for ETH and Bitcoin in the UK. With trading volume and hedge fund interest both increasing, the Ethereum (ETH) price prediction supports a near-term rise.

Avalanche (AVAX) Market Sentiment Lifts After Major Asset Move

The addition of $250 million in tokenized credit to Avalanche has shifted the Avalanche (AVAX) market sentiment. This change comes through Sky’s Grove protocol, where real-world assets like credit and U.S. Treasuries are now live on-chain. This move includes backing from Centrifuge and Janus Henderson.

Total value locked is growing, and activity across the network is up. Some are cautious, pointing to past price limits and rules still evolving, but the Avalanche (AVAX) market sentiment now leans more positive. This shift shows stronger support as new assets help shape the next phase of the platform.

New Mining Wave Begins as 2.5M Users Join BlockDAG’s Ecosystem

Mining was once limited to those with advanced setups, high costs, and deep technical skills. BlockDAG’s X1 Miner App changes this by allowing anyone to mine BDAG coins using just a smartphone. With no need for extra hardware or complex setup, users can start by tapping once a day. So far, over 2.5 million people have joined, each collecting up to 20 BDAG per day. This easy entry is opening the door for many more to join the mining world.

But mobile mining is only the starting point. Users who want to increase their output can turn to BlockDAG’s X-Series hardware miners. The X10 model links with the X1 app and lifts mining capacity from 20 to 200 BDAG per day.

A recent live demo hosted by BlockDAG’s CEO and CMO showed how these tools work together, showing the system’s smooth growth potential. For those needing more power, the X30 and X100 offer even higher results, delivering up to 600 and 2,000 BDAG per day using energy-efficient ASIC tech.

Already, over 18,900 hardware units have been sold, bringing in more than $7.6 million. These figures show strong demand for BlockDAG’s mining tools and steady interest in its growing setup.

As more users join the mining system, attention is also turning to BDAG’s price. Since its early crypto presale, BDAG has jumped 2,660% in value, starting from $0.001 and reaching $0.0276 in the 29th batch. For a short period, the price remains at $0.0016, sparking new interest ahead of the GLOBAL LAUNCH release set for August 11.

Analysts now suggest BDAG could go up to $10, driven by user growth and a stronger system. This possible increase is why many now include BlockDAG among the top crypto picks, especially for those watching closely before the price moves again.

Key Takeaways

Ethereum is still a big focus for large players, and current patterns suggest the Ethereum (ETH) price prediction could be just the start. Avalanche is also gaining attention as the Avalanche (AVAX) market sentiment turns positive, boosted by the rise of tokenized financial tools on its network.

While both of these are growing through large-scale backing, BlockDAG is growing from the ground up.

With 2.5 million users mining from phones and strong hardware sales, BlockDAG is helping both new and advanced users join the space. As interest rises and early access narrows, BlockDAG is being seen as one of the top crypto picks with long-term promise. This effort is not just about new tools, but a fresh way for people to take part in mining.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: This article is promotional and was not written or reviewed by the coinwy.com editorial team.

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