BlockDAG’s Mining Demo Makes Waves as NEAR Dips and Stellar Eyes $20 Milestone
The altcoin market is showing mixed signals this week, with different cryptocurrencies pulling in opposite directions and creating a challenging environment for traders. Near Protocol (NEAR) has caught attention for all the wrong reasons, as the digital asset broke through key support levels amid unusually high trading activity.
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On the flip side, Stellar (XLM) is generating more positive buzz among market observers. After an extended period of sideways movement, technical indicators are starting to suggest that a significant price move could be brewing.
BlockDAG (BDAG) is making waves in the mining sector with a practical demonstration of its X1 and X10 mining hardware. The project showcased how users can amplify their daily BDAG earnings by a factor of ten, backing up its promises with tangible results. Having secured over $351 million in funding and maintaining a fixed price of $0.0016 through August 11, BlockDAG is building momentum through actual product delivery rather than mere speculation.
NEAR Protocol Faces Headwinds Amid Market Volatility
NEAR Protocol experienced a sharp 5.4% decline within a single day, falling from $2.97 to $2.81 and breaking below the critical $2.84 support threshold. This drop occurred alongside unusually heavy trading volume, with 14.19 million NEAR tokens changing hands—significantly above normal levels.
The $2.76 level provided temporary relief, but the failure to reclaim $2.84 has transformed this former support into a new resistance barrier. The combination of broken technical levels and broader market weakness suggests that NEAR may face continued pressure in the near term. Additional challenges from competing blockchain platforms are compounding the protocol’s current difficulties.
Stellar’s technical setup is capturing renewed interest from traders, particularly those analyzing historical price patterns. Currently trading near $0.47, XLM has been stuck in a tight trading range for several months, but some analysts believe this consolidation phase could be ending.
Do you see whats happening,
.0075 to .0085 like its its nothing.
This is what $BEAM does.
Its doesn't always move when you want but when it does..its lightning
10 billion MC Is programmed.$BEAM to .20 pic.twitter.com/JLULRifvhC
— PRIMAL (@Solid_Primal) July 20, 2025
Market analyst C-Zar points to similarities between current RSI readings and previous cycles that preceded major rallies. His analysis suggests XLM could reach $2.46 in the shorter term, with an ambitious long-term target of $20 by 2026. While these projections remain highly speculative, the extended consolidation period has traders watching closely for signs of a breakout.
BlockDAG Demonstrates Mining Innovation with Live Hardware Demo
BlockDAG’s recent live demonstration of its X1 mobile miner working in tandem with the X10 hardware unit has generated considerable interest in the mining community. The demo clearly showed how seamlessly users can connect their X1 mobile application to the X10 system for enhanced mining performance.
The X1 mobile app, which previously allowed users to mine up to 20 BDAG tokens daily, can now deliver ten times that amount when paired with the X10 hardware. This integration transforms casual mobile mining into a more substantial income-generating activity, offering participants a competitive edge in the ecosystem.
The X1 app has already attracted over 2 million users worldwide, drawn by its user-friendly interface and minimal barriers to entry. The X10 hardware units are scheduled to begin shipping on August 15, with demand surging following the successful demonstration.
This product launch comes as BlockDAG approaches the conclusion of its presale phase. The project has raised more than $351 million and distributed 24.3 billion BDAG tokens to date. The current batch 29 pricing of $0.0016 will remain in effect until August 11, after which the token will launch at $0.05. Early participants have already witnessed 2,660% returns since the first batch, establishing a compelling track record.
Market analysts project that BDAG could eventually reach $1, representing substantial upside potential from current levels. Unlike many crypto projects that rely on future promises, BlockDAG is delivering working products and demonstrable results today.
The cryptocurrency landscape continues to present a mixed picture, with NEAR struggling to find its footing while Stellar shows signs of potential awakening. However, BlockDAG stands apart by focusing on tangible deliverables rather than speculation. With its successful mining hardware demonstration, substantial presale achievements, and the ability to increase mining output tenfold, BlockDAG is positioning itself as a project worth watching. The window to acquire BDAG at $0.0016 closes on August 11, creating urgency for those interested in participating before the official launch price of $0.05 takes effect.
