Crypto traders have been watching closely as Kaspa (KAS) continues its downward slide, while Pi Network struggles to maintain stability despite its large user base. Both projects once inspired strong community enthusiasm, but now face technical challenges and weaker momentum. This raises a crucial question: has crypto innovation stalled, or are new projects redefining performance standards?
That’s where BlockDAG (BDAG) enters the conversation. Project materials describe it as a proof-of-work network that uses a directed acyclic graph (DAG) design, and the team says its “Awakening Testnet” has reached throughput of up to 15,000 transactions per second under test conditions. These figures have not been independently verified, and testnet performance may not reflect mainnet results.
BlockDAG: Network design and testnet claims
According to the project, the “Awakening Testnet” is intended to demonstrate that proof-of-work security can be paired with higher throughput. By combining a proof-of-work model with a Directed Acyclic Graph structure, the team says the network can process many transactions in parallel, with throughput reported at up to 15,000 TPS in testing. As with other early-stage networks, performance, security, and decentralization trade-offs depend on implementation details and real-world usage.
The project positions this approach as an effort to reduce confirmation delays associated with some traditional block-based systems and to support applications such as payments and decentralized apps. Comparisons with established networks should be treated cautiously, as systems differ significantly in maturity, adoption, and risk.
BlockDAG also says it will host a Binance AMA on October 24 at 3 PM UTC, where the team may discuss roadmap items and upcoming announcements. Event details and any future deliverables remain subject to change.
The project reports that its ongoing token sale has raised more than $430 million, with more than 27B BDAG tokens sold and over 312,000 holders. These figures are self-reported by the project and have not been independently verified. Details such as token pricing, incentives, and any future exchange listings are marketing and commercial matters that can change and should not be interpreted as indicators of future performance.
Pi Network Faces Market Resistance
Pi Network has faced a steep downturn, currently hovering near $0.20 after shedding over 40% in the past month. Even though its recent upgrades to the Pi App Studio introduced AI-based tools and staking functions, the response has been underwhelming. Market observers attribute this to token unlocks, limited exchange listings, and growing caution among users.
With a total supply of 100 billion and only about 8% circulating, small increases in supply can cause significant price moves. While Pi’s long-term goal of becoming a major player in digital payments remains a central part of its narrative, near-term sentiment appears cautious. Some analysts suggest that without clearer adoption signals, the price could continue to weaken; such scenarios are speculative and uncertain.
Kaspa’s Bearish Trend Deepens
Kaspa (KAS) has seen its decline continue into late October, now trading near $0.0549 after dropping 37% in the past month. Technical charts show that KAS remains below its 20-, 50-, and 200-day moving averages, signaling bearish momentum. Analysts highlight potential support at $0.049 and resistance near $0.056, with further downside possible toward $0.041 if volume fails to recover. These levels are technical estimates, not guarantees.
Some of the weakness has been linked to liquidity conditions and exchange listing changes, including the recent removal from ProBit Global. While Kaspa’s proof-of-work system and community remain active, broader market conditions and listings can influence short-term trading dynamics. Analysts suggest that new developments, clearer catalysts, or additional listings could affect sentiment, but timing and impact are uncertain.
Final Words
The recent decline in both Kaspa and Pi Network highlights a broader pattern: projects can struggle to maintain market confidence when adoption and liquidity do not meet expectations, particularly during periods of weaker risk appetite.
In contrast, BlockDAG is drawing attention primarily through project-reported testnet throughput figures and fundraising claims tied to its token sale, alongside planned marketing events such as the Binance AMA. As with any early-stage crypto project, these developments should be viewed in context and do not eliminate the risks associated with tokens, fundraising, and unproven network performance.
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
