February 2026 has begun with significant downward pressure across the digital asset market. Ethereum is currently trading near $2,320 after dropping below its 50-day Exponential Moving Average (EMA), with technical indicators suggesting a potential move toward the $1,900 level if selling persists. Solana is positioned at a $95 support zone; a daily close below $93 could invalidate its first-quarter recovery structure. Concurrently, legacy assets such as XRP and Polkadot have seen declines of approximately 14% over the past week as capital rotates toward stablecoins and Treasury-linked instruments.
These movements indicate a risk-off sentiment driven by Federal Reserve policy uncertainty and a strengthening U.S. dollar. In this environment, market participants are increasingly looking toward the presale sector, evaluating projects based on confirmed funding and technical development rather than immediate secondary market price action.
Currently, three projects have emerged with notable funding milestones: Bitcoin Hyper ($32.5M), Mutuum Finance ($21.1M), and BlockDAG (BDAG), which reports $450M in capital raised.
Why Presales Are Gaining Market Attention
Market drawdowns often highlight the volatility inherent in holding large-cap assets. During these periods, some investors pivot to presales, which operate under different price discovery mechanics. These projects are typically valued based on their funding strength, development milestones, and initial entry points rather than daily market fluctuations.
Among active raises, the capital gap between projects provides a metric for market interest. While Bitcoin Hyper and Mutuum Finance have secured $32.5 million and $21.1 million respectively, BlockDAG’s reported $450 million raise indicates a different scale of institutional and retail participation for the 2026 cycle.
Technical and Financial Overview of BlockDAG
In evaluating presale options, three primary factors are often considered: capitalization, infrastructure readiness, and entry valuation.
BlockDAG has reported $450 million in total funding. For comparison, this figure is more than eight times the combined capital raised by Bitcoin Hyper and Mutuum Finance ($53.6 million). A capital reserve of this size is intended to support long-term operations, liquidity provision, and exchange listings, which can be critical during extended market downturns.
Pricing Structure and Valuation
The final private round for BlockDAG is priced at $0.00025. The project has communicated a launch target of $0.05. This pricing structure is designed to offer a different risk-reward profile compared to established assets like Ethereum or Solana, which are currently facing technical resistance and support tests.
Infrastructure and Throughput
Regarding technical delivery, BlockDAG utilizes a hybrid Directed Acyclic Graph (DAG) and Proof of Work (PoW) architecture. During testing on its “Awakening Testnet,” the protocol demonstrated 1,400 transactions per second (TPS), with a theoretical capacity of 15,000 TPS.
By utilizing parallel processing alongside a PoW security model, the network aims to maintain decentralization while increasing throughput. The system is also EVM-compatible, allowing developers to migrate Ethereum-based decentralized applications (dApps) without significant code modifications.
Data from the project indicates early engagement, with a reported 3.5 million daily active users on the X1 mobile application and a holder count exceeding 312,000.
Bitcoin Hyper: Infrastructure and Supply Mechanics
Bitcoin Hyper is developing a Bitcoin Layer 2 solution utilizing the Solana Virtual Machine (SVM). The project aims to combine Bitcoin’s security and institutional reputation with the high-throughput capabilities of the SVM. It has raised $32.5 million, with its current Stage 6 price set at $0.0138.
Recent data shows that approximately 68% of the presale supply has been staked, with a reported APY of 38%. High staking participation often serves to reduce liquid supply at launch, which may impact price discovery if demand increases. However, with a funding total significantly lower than its competitors in the top tier, its operational depth is comparatively smaller.
Mutuum Finance: Institutional Lending and Testnet Utility
Mutuum Finance focuses on the decentralized lending sector, raising $21.1 million at a Phase 7 price of $0.04. The protocol utilizes “mtTokens” to manage yield efficiency and targets institutional users.
The project recently launched its V1 Protocol on the Sepolia Testnet, which has reportedly processed over 50,000 transactions. A mainnet launch is scheduled for late March 2026. While the project offers a clear delivery timeline and specific utility, its current valuation at $0.04 is significantly higher than the entry levels of other concurrent presales, which may influence the upside potential for early participants.
Summary of Market Positions
As major assets like Ethereum and Solana test critical support levels, the 2026 presale market is being defined by a few key metrics:
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Entry Points: Valuation varies significantly, with BlockDAG at $0.00025, Bitcoin Hyper at $0.0138, and Mutuum Finance at $0.04.
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Scalability: Demonstrated throughput, such as BlockDAG’s 1,400 TPS, provides a benchmark for network readiness.
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Capitalization: Total funding levels often dictate a project’s ability to navigate prolonged “crypto winters.”
While Bitcoin Hyper and Mutuum Finance present specific use cases in Layer 2 scaling and DeFi lending, the scale of funding and the entry pricing of BlockDAG have positioned it as a central point of discussion in the current presale landscape.
Project Resources:
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Private Round Access: https://purchase.blockdag.network
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Official Website: https://blockdag.network
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Telegram: https://t.me/blockDAGnetworkOfficial
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Discord: https://discord.gg/Q7BxghMVyu
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
