The crypto market has seen several notable updates: Bitget Token (BGB) has drawn attention following recent supply-related announcements, Toncoin has been selected as part of a proposed corporate treasury strategy, and BlockDAG has reported ongoing hardware shipments and ecosystem plans.
While BGB and TON highlight the role of partnerships and institutional participation, BlockDAG has highlighted operational milestones, including reported fundraising and miner distribution. According to project statements, it has raised $407M in “Batch 30”, referenced a $0.0013 token sale price, and said miners have shipped to 130+ countries.
The project has also promoted an upcoming Deployment Event in Singapore and an educational initiative branded as BlockDAG Academy. Below is a summary of the recent developments around Bitget, Toncoin, and BlockDAG.
BGB Jumps After Major Token Burn and Lock
Bitget Token (BGB) moved above the $5 level in recent trading. Some traders have pointed to chart patterns and indicators such as a symmetrical triangle formation and MACD signals, though technical analysis is interpretive and outcomes are uncertain.
The move followed news tied to Bitget’s partnership with Morph Chain, under which 440M BGB tokens were transferred. Bitget said 220M were burned (reducing supply) and the remainder were locked with a gradual monthly release intended to support liquidity.
Glassnode data was cited as showing a spike in active BGB addresses, which can indicate increased on-chain activity. However, on-chain activity does not necessarily predict future price moves, and BGB remains subject to broader market volatility.
AlphaTON Picks Toncoin for Digital Asset Strategy
AlphaTON Capital, formerly Portage Biotech, has announced plans to build a Toncoin-focused corporate treasury with a stated target of $100M. The company said the strategy is supported by a $38.2M private placement and a $35M collateralized loan from BitGo Prime.
Toncoin’s use case is often linked to its integration with Telegram. AlphaTON has said it intends to hold TON and participate in network validation and staking to seek staking rewards, while also supporting DeFi and gaming projects in the broader Telegram ecosystem. Staking rewards, where available, can vary over time and may involve technical, market and protocol risks.
Following the announcement, market reports indicated AlphaTON’s shares rose about 15%. The company also faces competition from other treasury-style strategies; for example, VERB Technology has stated it holds over $713M in Toncoin and aims to secure 5% of TON’s supply.
Deployment Event Marks BlockDAG’s Next Chapter!
BlockDAG has highlighted several project milestones alongside the broader market developments. According to the project, its token sale has raised over $407M as of “Batch 30”, and it has referenced a $0.0013 token sale price as part of its public marketing materials. These figures have not been independently verified in this article.
The project says it will hold a Deployment Event in Singapore to present its ecosystem, technology and roadmap. It has also stated that exchange partners and other industry participants may attend, though the full list of attendees and any partnership details have not been confirmed here.
BlockDAG has also reported a global miner rollout. The project claims more than 19,900 units have been shipped to over 130 countries.
Alongside hardware, the project says its X1 mobile app has more than 3 million registered users. It also markets the X10 hardware miner as producing “up to 200 BDAG per day”; such figures are project-reported and can depend on network conditions, device configuration, and other factors.
BlockDAG has additionally promoted BlockDAG Academy, described as an educational platform intended to help users learn blockchain topics and earn on-chain credentials.
The Singapore event, if held as described, would be a key communications milestone for the project, particularly around its roadmap, ecosystem plans and any future exchange-related announcements.
Summing Up!
Recent moves around Bitget Token and Toncoin reflect how partnerships, token supply actions and corporate treasury strategies continue to influence market narratives.
BlockDAG, meanwhile, has emphasized execution-focused updates such as reported fundraising totals, miner shipments and product metrics, alongside plans for a public event in Singapore and an education initiative.
This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned.
Project website (for reference): https://blockdag.network
Telegram (project channel): https://t.me/blockDAGnetworkOfficial
This article references a token sale and other project-reported metrics. This outlet is not associated with the project. This article is for informational purposes only and does not constitute financial or investment advice.
