NEAR Protocol (NEAR) continues to draw market focus as it nears the $5 mark. Its recent rise has been supported by roadmap updates to enhance rollup integration and an increase in developer engagement. Despite this, questions persist about whether its system can truly scale long-term.
In comparison, Hyperliquid (HYPE) experienced an 8.28% price boost, largely driven by activity within speculative derivatives markets. Though its TVL continues to grow, the lack of a robust underlying framework limits its potential for sustainable growth and full ecosystem maturity.
At the same time, BlockDAG (BDAG) is creating distance from the rest through functional testnets, hardware rollouts, and $430M raised in its presale. While these three names make noise across the market, BlockDAG stands out as the project being seriously evaluated as the next crypto to explode based on proven technology rather than mere speculation.
NEAR Protocol Faces Scalability Challenges
In 2025, NEAR Protocol made strides by emphasizing rollup integration and bringing more developers into its network. This renewed focus helped drive its price closer to a potential $5 breakout. Yet, much of this momentum appears to be reactionary, lacking strong throughput data to match the optimism.
Scalability remains a core obstacle. Although NEAR brands itself as developer-friendly, its usage still revolves mainly around staking and asset transfers, with limited expansion into wider applications. Many validators continue to report latency issues, and NEAR’s progress still heavily depends on future rollup solutions. While the ecosystem may eventually find stability, its current infrastructure lags behind its ambitious goals.
Although its short-term growth looks convincing, the foundation beneath the rally remains fragile. With many projects shifting to Ethereum Layer 2 or modular frameworks, NEAR’s future depends on its ability to deliver faster performance and cost efficiency across a larger audience.
Hyperliquid Rises but Lacks Core Network Depth
The recent 8.28% surge in Hyperliquid (HYPE) was primarily fueled by speculative trading within DeFi derivatives. Its increasing TVL has caught trader attention, positioning it as a potential high-volume trading hub. Still, this momentum is largely built on market trends rather than sustainable architecture.
Unlike blockchains that have complete on-chain validation or integrated services, HYPE’s current ecosystem is limited to its existing DeFi utilities. The absence of on-chain governance, scalable infrastructure, or modular smart contracts restricts its growth beyond short-term speculation. While the gains are noteworthy, they remain tied to temporary hype rather than functional strength.
$430M Raised: BlockDAG Demonstrates True Launch Readiness
While NEAR and HYPE rely on market movements, BlockDAG is achieving steady execution across hardware, software, and network expansion. Its system combines the scalability of a Directed Acyclic Graph (DAG) structure with the security of Proof-of-Work, achieving throughput of up to 15,000 TPS. This hybrid model allows miners to expand alongside the network, avoiding congestion.
The Awakening Testnet is currently active, offering features like Account Abstraction, smart contract upgradability, and integrated NFT/transaction tracking within its native Explorer. This isn’t just conceptual, it’s already live and verifiable. BDAG coin utility extends to transaction processing, mining, staking, and governance functions that will be active upon launch.
Transparency has been a major part of BlockDAG’s journey, with every network update accessible through its GitBook, covering chain parameters, validator policies, and RPC endpoints. Miner production is in motion, with shipments for X1 to X100 units underway, over 500 X10 miners already delivered, and thousands more queued. Unlike many crypto projects, both software and hardware are being rolled out before exchange listings.
The crypto presale continues to impress, having raised $430 million and sold more than 27 billion BDAG coins. Batch 31 is priced at $0.0304, delivering a remarkable 2940% ROI from Batch 1. However, participants can still grab BDAG at a special $0.0015 limited-time offer using the code “TGE,” which also determines ranked airdrops for top buyers. The first 300 users will instantly receive their coins once the mainnet launches on Genesis Day.
After the presale, BlockDAG will focus on expanding its validator base and introducing its upcoming Super App, a central hub combining staking, mining, and wallet utilities. Governance, on-chain voting, and user incentives are scheduled for activation soon after launch.
This structured rollout shows that BlockDAG is beyond early speculation. It represents verified performance, real technology, and tangible progress, making it a leading candidate for the next crypto to explode.
Final Words
While NEAR Protocol gains from hype and narrative momentum, it still faces scalability hurdles. HYPE continues to enjoy short-lived speculative gains without deep ecosystem support. In contrast, BlockDAG stands out with practical achievements, technological advancements, and consistent delivery across all levels.
With $430 million raised, over 27 billion coins sold, and an operational testnet already in use, BlockDAG positions itself as a functioning blockchain rather than just another presale concept. The limited-time $0.0015 offer through the TGE code provides a final window before Genesis Day, making this moment crucial.
For those asking which crypto could be next to surge, the answer is grounded in progress, not promotion, and BlockDAG is proving that every step of the way.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
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.