Solana gained attention in the crypto space with its key promise: speed. Nicknamed the “Ethereum killer,” it built a reputation by processing over 65,000 transactions per second with very low fees. But over time, problems started to surface: network outages, too much control in the hands of a few validators, and an overloaded ecosystem. Many began to wonder, is speed alone enough? Now, BlockDAG (BDAG), a new Layer 1, is stepping forward. It not only matches Solana’s strengths, but also learns from its weak points.
BlockDAG is making strong progress. It has already raised $313 million in its ongoing presale and is aiming for $600 million. More than 2 million miners are already using the X1 app. BlockDAG is not a future idea, it’s already taking shape. For those watching the next wave of DeFi development, this may be the chain that finally balances speed, security, and usability, something Solana tried to achieve but struggled with.
Why Is Solana’s Speed Isn’t Enough?
Solana grew quickly in 2021 and 2022, especially among NFT markets and simple dApps. But there were trade-offs. It used a new type of consensus , Proof-of-History (PoH). While fast, it was not tested enough in the real world. The result? At least seven major outages between 2021 and 2023.
These outages damaged trust. DeFi platforms could not count on Solana’s uptime. Users worried about losing access to their assets. And interest from large institutions started to fade.
BlockDAG, on the other hand, uses a hybrid approach. It combines Directed Acyclic Graph (DAG) for speed with Proof-of-Work (PoW) for strong security. Its PoW layer draws from Bitcoin’s well-tested design. This gives BlockDAG long-term security , something Solana lacks.
While Solana focused on pure speed, BlockDAG is focused on sustainable performance. It aims to handle 15,000 transactions per second, while staying decentralized, secure, and stable , even under stress.
How BlockDAG Is Building Smarter: Parallel Development
One area where BlockDAG clearly stands out is in its early development process. Many blockchains, like Solana, launched first and added developer tools later. BlockDAG is taking a different path. Its testnet is already live. It is fully EVM-compatible. A no-code dApp builder is ready, letting even non-programmers create smart contracts easily.
Also, over 22.8 billion BDAG coins have already been sold , showing strong confidence before any coin is listed on an exchange. This mirrors the early growth of Solana, but with better timing: BlockDAG is getting the tools ready before launch.
Compare the two approaches:
- Solana’s growth came after launch; BlockDAG’s growth is coming before launch.
- Solana’s developers had to build tools themselves; BlockDAG is offering tools from the start.
- Solana faced congestion problems during busy times; BlockDAG is designed to handle heavy use from day one.
This smart planning is why more people are seeing BlockDAG not as just another Layer 1, but as a next-gen platform ready to support DeFi, dApps, and other projects without downtime.
Building Real Liquidity and Real-World Support
BlockDAG is also preparing for large-scale use with a solid liquidity plan. Unlike Solana, which started with venture funding and grants, BlockDAG is fully supported by its community. The $600 million presale target will help:
- Provide liquidity across 20+ exchanges (5 already confirmed)
- Build core systems before the mainnet goes live
- Fund grants and rewards for developers ahead of time
- Launch DeFi tools, bridges, DEX, and lending protocols , all before listings
In addition, BlockDAG is making cultural progress. It already has a partnership with Inter Milan, and a U.S.-based marketing campaign is on the way. These early moves remind many of Solana’s efforts in sports and apps , but BlockDAG is doing it earlier in its journey.
What Would It Take to Pass Solana?
Solana currently ranks in the top 10 with a market cap near $70 billion. Can BlockDAG catch up? It’s still early, but the outlook is promising. Let’s look at the numbers:
- Batch 29 price: $0.0276
- Launch price: $0.05
- ROI for early buyers (Batch 1): 2,660%
- 22.8 billion coins sold so far
- Short-term target price: $1
- Long-term target price: analysts see $4+ if plans go well
If BlockDAG reaches $1, it could be close to a $50 billion market cap , not far from Solana. But it’s not just about price, it’s about getting things done. BlockDAG already has a clear six-week plan:
- Presale ends → Staking closes
- Mainnet launches → Nodes and ASICs go live
- DeFi tools launch → DEX, launchpad, oracles activated
- Exchange listing → 40% of coins airdropped
In short, BlockDAG is building at all levels , tech, funds, and brand.
A Better Balanced Layer 1?
If Solana was “speed first, fix decentralization later,” BlockDAG is taking a wiser approach. It’s putting decentralization, scalability, and developer tools first , while still offering high speeds and real-world use.
Solana won’t be replaced overnight. But history shows that chains that balance security with usability and grow their communities early tend to last. Ethereum did it. Bitcoin did it. Now BlockDAG may be on the same path. For those watching what could be the next billion-dollar Layer 1, the window of entry is still open, but closing fast.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Press releases or guest posts Publisher by Crypto Economy have been submitted by companies or their representatives. Crypto Economy is not part of any of these agencies, projects or platforms. At Crypto Economy we do not give investment advice, if you are going to invest in any of the promoted projects you should do your own research.