Ethereum Holds Steady, Hyperliquid Gains Attention, BlockDAG’s $60K Reward Push Establishe

April 13, 2025

Ethereum’s price has stabilized after a turbulent few weeks, rekindling optimism among long-term holders and analysts. Hyperliquid, a rising DeFi-focused token, is beginning to gain serious market attention as it nears key resistance levels. Yet even as these stories generate buzz, BlockDAG is stealing the spotlight. With $214 million already raised in its presale and a new $60,000 reward campaign in motion, the project is making a bold push to dominate headlines. With its hybrid consensus model, growing community, and upcoming mainnet, BlockDAG is not just part of the conversation—it’s leading it. Here’s how each of these tokens is shaping the 2025 crypto landscape.

Ethereum (ETH) Finds Support Around $1,649

Ethereum, the world’s second-largest cryptocurrency by market cap, is currently trading around $1,649.81. The price action reflects a recovery from a recent dip near $1,200, triggered largely by whale sell-offs and ETF-related outflows. Analysts now believe Ethereum may have averted a broader downturn, citing key technical signals that suggest a long-term bottom may have formed.

According to TheCoinRepublic, Ethereum’s Relative Strength Index (RSI) has moved out of oversold territory, while on-chain data shows a return of bullish momentum. Still, resistance at the $1,700 mark remains critical. For Ethereum to extend this rally, it will need to break and hold above that level with strong trading volume. Market participants are closely watching developments around ETF inflows and network upgrades, both of which could serve as catalysts in the weeks ahead.

Hyperliquid (HYPE) Eyes $16 Amid Growing Attention

Hyperliquid, the native token of the decentralized exchange by the same name, is gaining traction. After its recent upward momentum, HYPE now finds itself testing the $16 resistance zone. This is a crucial level that, if breached, could signal the beginning of a much broader breakout. Analysts from AMBCrypto noted the token’s rising volume and favorable market structure as indicators of continued bullish potential.

The project’s appeal lies in its focus on fast, user-friendly perpetual trading, an increasingly important niche in the DeFi space. With the wider market showing signs of recovery, Hyperliquid is well-positioned to attract more retail and institutional capital. While not yet among the top-tier tokens, its performance this quarter has already caught the attention of several high-profile traders and analysts, placing it firmly on the radar of altcoin watchers.

BlockDAG: The $60K Reward Blitz and $214M Raised Signal Something Bigger

Even as Ethereum holds steady and newer names like Hyperliquid rise, BlockDAG is setting an entirely different tone—one of momentum, milestones, and bold moves. The presale has now raised a staggering $214 million, all without relying on traditional venture capital. But what’s truly electrifying the market right now is the announcement of a $60,000 reward program tied to its live Beta Testnet.

As confirmed in the project’s 3rd keynote, BlockDAG will reward the top 10 most active wallets, the top 10 miners, and the top 10 largest wallet balances during the testnet phase. Each will receive $2,000 in real BDAG coins, not testnet tokens. With over 110,000 investors already registered and thousands of testnet tokens being distributed through vesting, participation is expected to surge. This is more than just marketing—it’s a strategic push to build real activity and community loyalty ahead of mainnet.

CEO Antony Turner made it clear: “This isn’t just capital—it’s fuel for innovation, expansion, and the next evolution of blockchain technology.” And that evolution is being powered by BlockDAG’s hybrid consensus model that fuses DAG-based architecture with Proof-of-Work for security. As CTO Jeremy Harkness emphasized, “With our parallel processing, multiple blocks are confirmed simultaneously,” enabling the network to eventually scale to 15,000 transactions per second.

The tech is supported by a gamified onboarding process (via the X1 and Tap Miner apps), a growing developer ecosystem with grants and hackathons, and an educational initiative in the form of BlockDAG Academy. Combined, these initiatives signal a level of coordination and execution that’s rarely seen in presale-stage projects.

Final Thought: The Crypto to Watch Heading into 2025

Ethereum’s price stabilization and Hyperliquid’s rising traction both suggest a market slowly regaining its footing. But if there’s one project actively setting the agenda rather than reacting to it, it’s BlockDAG. With over $214 million raised, a live testnet offering real rewards, and a roadmap pointing directly toward mainnet and governance activation, BlockDAG is taking all the right steps to become 2025’s most valuable layer 1 asset.

Its $60K testnet incentive campaign, combined with the upcoming 7th AMA and global convention, is shaping a narrative of dominance—not potential. For investors looking beyond headlines to substance and delivery, BlockDAG is proving it’s not just another token—it’s becoming the benchmark.