The blockchain industry’s future heavily relies on security and market perception. As Hyperliquid’s HYPE token flounders following HyperEVM’s rollout, and Polkadot wrestles with uncertain revival due to sparse trading volume, BlockDAG prioritizes enhanced security and enduring stability.
In contrast to HYPE, which despite more trades, sees declining value, and Polkadot, marked by volatility without bullish signs, BlockDAG (BDAG) has strengthened its infrastructure through Halborn and CertiK audits. Achieving a record presale and preparing to initiate a Bug Bounty program, BlockDAG emerges as a robust figure in blockchain safety.
BlockDAG Boosts Security Standards With Halborn & CertiK Audits
Prioritizing security, BlockDAG is undergoing extensive assessments to reinforce its blockchain against cyber threats. To strengthen its foundation ahead of its upcoming launch, BlockDAG has collaborated with Halborn and CertiK, two of the top security firms in the blockchain industry.
Halborn’s audit provided crucial insights that have been fully implemented to improve both security and system performance. At the same time, CertiK’s evaluation is still in progress, adding another layer of security validation to ensure reliability.
To further reinforce protection, BlockDAG is introducing a Bug Bounty initiative with HackerOne and other platforms, encouraging ethical hackers to find and report potential weaknesses. This proactive security strategy allows the network to maintain continuous upgrades and strong defense against cyber risks.
Additionally, these security measures align with the ongoing record-breaking presale, which has raised $198.7 million in Batch 27 for $0.0248 per BDAG. With an impressive 2,340% ROI since Batch 1, over 18.3 billion coins have been sold so far.
With the Beta Testnet launch set for next month, BlockDAG’s reinforced security structure and rapidly growing presale point to strong future stability.
HYPE Token Declines Despite HyperEVM’s Introduction
Despite the launch of HyperEVM, Hyperliquid’s HYPE token has plummeted 30% from its peak. This integration, aimed at streamlining transactions between spot and perpetual markets in the Hyperliquid network, was expected to boost HYPE’s role as the primary gas asset. However, market reactions have not been as favorable as anticipated.
On-chain data indicates a rise in trading activity, crossing $250 million for the first time since February 5, a trend usually seen as positive. Yet, this volume surge has coincided with a price drop, suggesting stronger selling pressure is at play.
Moreover, technical indicators reflect this downward momentum. The 4-hour chart shows a bearish engulfing candlestick pattern, pushing HYPE’s price under the $24 support mark. Meanwhile, both the Moving Average Convergence Divergence (MACD) and the Awesome Oscillator (AO) are showing negative readings, signaling a possible extended decline.
Unless market conditions shift, HYPE’s downward movement could continue, potentially testing the $20 range in the near future.
Polkadot’s Recovery Prospects Amid Market Shifts
Polkadot (DOT) recently bounced back from a three-month low, though the lack of sufficient trading activity casts doubt on sustained momentum. While DOT has entered oversold levels on the daily chart, the overall short-term trend still leans bearish.
After surpassing $4 earlier this month, DOT’s movement has remained unpredictable, with a notable rejection at the $5.4 mark. This behavior hints at a possible double-bottom formation, though a strong bullish confirmation has yet to appear.
For a potential upward movement, key resistance levels to watch include $5.5 and $6.85. If these are surpassed, DOT may aim for an $8 price target. On the other hand, support levels stand at $4.45 and $3.78, with a risk of falling to $3 if these are breached. At present, low volatility points toward sideways trading unless a significant change in momentum occurs.
Wrapping Up!
With fluctuating market conditions, a blockchain project’s success is often determined by security and strategic foresight. While HYPE grapples with selling pressure despite high trading volume, and Polkadot’s revival remains questionable, BlockDAG continues strengthening its foundation through well-planned security measures.
By addressing Halborn’s audit findings, undergoing a secondary evaluation by CertiK, and launching a Bug Bounty initiative, BlockDAG is ensuring a solid security framework ahead of its Beta Testnet debut.
As its presale momentum reaches new milestones, BlockDAG not only reinforces confidence among its community but also highlights the growing importance of prioritizing security within the crypto industry.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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