Background

Solana to BlockDAG: $1.8M to $246M

Article arrow_drop_down
Solana to BlockDAG: $1.8M to $246M

BlockDAG Breaks Out With $246M Presale and Frozen Price as Solana Becomes the Backstory

In 2020, Tyler Monroe, a 31-year-old software engineer from Austin, Texas, came across Solana while working at a cybersecurity firm. He was repaying student loans and spent weekends coding or gaming. The idea of a blockchain with fast transactions and low fees using Proof of History caught his attention. At the time, Solana traded at $0.70. He used $5,000 meant for a used car to purchase it and left it untouched.

AD 4nXdU1api3DUFrOacJgGPBNDF7Kq4xO7qAPZaDfSI2XViHy4IaCePNVCL5CAF4SzTTymoXboST0yzEbu283LgJ9wTsW0D7ib7MV6bQqU7cu 3S NmMm4yS LldDZADOQcuXQd8yfS?key=CMnH8Zo2abDvXwtJg8Rrbw

In 2021, Solana’s price reached $55 by May. His holdings were worth over $350,000. He continued to hold. He believed the technology would gain traction. By November, Solana peaked at $258. His $5,000 had grown to over $1.8 million. He sold part, bought a house in Round Rock, cleared debts, and left the startup. His interest in Layer 1 technology remained.

Early Interest in BlockDAG

In early 2024, Tyler began seeing conversations online about a new Layer 1 platform named BlockDAG (BDAG). At first, it sounded like just another buzzword making rounds in crypto communities. Many new projects claimed to be faster, better, or more advanced. However, BlockDAG began showing up in technical comparisons with major names like Solana and Ethereum, which led Tyler to dig deeper.

He went through the technical documents and found that BlockDAG was using a unique structure that combined Proof of Work with a Directed Acyclic Graph, or DAG. This design allowed it to process many blocks at the same time, rather than handling one block after another. The concept immediately caught Tyler’s attention. It reminded him of the performance boost that drew him to Solana in 2020, but this time with added improvements.

AD 4nXcGGLnDm9n5NYUFAfuTbCRlSYCtIYi9Z65trwbym98BpfpU9MV7GxUw3FDaR KaMEGJfQ

One major difference stood out. Unlike Solana, which relied on a validator set, BlockDAG focused heavily on decentralization. Its structure did not depend on central control or leave the network vulnerable to traffic overloads and pauses. It appeared to solve performance without sacrificing security or resilience.

By May 2024, BlockDAG’s presale had already collected more than $50 million. Its mobile mining app was growing fast, with thousands of downloads. Tyler started following each update closely and took interest in its progress.

The BlockDAG Move

During mid-2024, while BDAG was still in its early stages, Tyler committed $150,000 across batches 7 to 10. The price ranged between $0.0035 and $0.0052. He recognized familiar signals. The platform had solid technology, early support, and growing interest. BlockDAG also attracted developers and miners before its launch. This approach was uncommon. By the end of 2024, BlockDAG raised over $200 million. As of now, the presale has crossed $246 million.

AD 4nXcoalvJQBWVTR4pYJ6Se42QrmKQPiNaItY5t32FjEGErmU

More than 20.2 billion coins have been sold. The price reached $0.029 by Batch 29, marking a 2800% increase from early levels.Tyler’s holdings reached over $6.5 million in value. He continued to hold. According to him, the technology feels more complete than Solana did in 2021.BlockDAG also surpassed $7 million in miner sales. Over 17,000 miners have been sold. Its current crypto presale price is set at $0.0020 and will remain unchanged until June 13.

A Pattern of Technical Focus

Tyler’s results followed a clear approach. He studied the architecture, bought early, and looked for solutions to real issues. Solana solved transaction speed when Ethereum slowed down. BlockDAG now offers both scale and decentralization.He avoided speculation and focused on structure. Solana proved performance mattered. BlockDAG adds performance with a decentralized design.

AD 4nXfXJX737Aa005wyhm8ndusqzy 1gziDbfre Lzph37E1HLs4pOloSDi8d31cBHAmYLyi11beLgGKjpawSj 6m n7fc4HQodsW

Tyler now works part-time. He advises on smart contract security and guides developers. He continues to monitor BlockDAG’s progress. The testnet is operational. Developer tools are ready. The user base continues to grow. He believes the platform still has significant room to rise.

Conclusion

Tyler stays focused on selective projects. Solana brought in $1.8 million because of early technical insight. He applies the same approach to BlockDAG.The attraction is not limited to the $246 million raised or the coin supply sold. BlockDAG’s structure, which includes a 15,000 TPS roadmap and mobile mining features, sets it apart.

Its hybrid Proof of Work and DAG design, no-code dApp tools, and multichain support show a functional Layer 1 platform. With the beta testnet already live and the full launch upcoming, Tyler remains confident. Solana created life-changing gains. According to him, BlockDAG may do the same. His journey reflects how early recognition of strong technical projects can shape long-term outcomes.

AD 4nXe0LHUfmAhW26c4OhXbbTg9T76zdM3P3It16Y9uW2ZyjAhOEKzN LGiRJ1nVT2zHc7ARqGcoTkHIa jQYTUjRkmJkZGXu3RFOBD6Tz sHDh HtGnsOvbkBfQuvCcBI1khcOzv1o1g?key=CMnH8Zo2abDvXwtJg8Rrbw

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The text above is an advertorial article that is not part of CoinLineup editorial content.

About the author

About the author call_made

Acklesverse

I’ve always been fascinated by how technology reshapes economies, and crypto is the most exciting shift yet. I started by analyzing stock markets but quickly found myself drawn to tokenomics, DAOs, and DeFi. Now, I break down complex blockchain concepts into digestible insights, helping both newcomers and experts navigate Web3. Whether it's a new governance proposal or a token launch, I’m all about making sense of the noise.

More posts Follow

Related

Be the first to leave a comment

Leave a comment

Your email address will not be published. Required fields are marked *

About Coinlineup

CoinLineup is a specialized platform dedicated to empowering investors with the knowledge and tools needed to succeed in both the financial stock market and the crypto market. Our primary focus is to provide comprehensive market insights by delivering real-time and historical data, solid investment strategies, and trading tips. We aim to equip investors with accurate information, allowing them to make well-informed decisions in their financial endeavors.

Copyright 2024 coinlineup.com. Crypto, Stocks, and Forex – All in One Place.

Login to enjoy full advantages

Please login or subscribe to continue.

Go Premium!

Enjoy the full advantage of the premium access.

Login

Stop following

Unfollow Cancel

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation

Index