BlockDAG’s Beta Testnet Attracts 110K Traders in Response! Solana Price Drops and Pi Coin Weakens

Some projects stumble when hype outpaces substance, while others prove their strength when tested. Recent moves in the market reflect this contrast clearly. Solana, once soaring, is now slipping due to meme coin chaos, and Pi Coin finds itself stuck in bearish territory. Their price struggles are raising questions about staying power and user trust.

In the middle of these trends, BlockDAG (BDAG) is showing a different path—one grounded in tech development, transparency, and active user involvement. With over 110,000 participants now part of its Beta Testnet and more than $210.5 million raised in its presale, BlockDAG’s strategy reflects what progress looks like when community and utility lead the way.

Solana’s Price Plummets to $112 Following Meme Coin Turmoil

The value of Solana has sharply declined from its February peak of $290 to just $112, largely due to issues tied to meme coin activity on the network. While meme-based tokens initially boosted Solana’s daily usage and helped generate over $44 million in fees in one week, they also led to major losses and public criticism. Notably, coins like Libra and the Official Trump token reached massive valuations before collapsing, leaving users vulnerable to scams and instant losses.

As credibility waned, core network metrics took a major hit: monthly fee generation dropped from $252 million in January to only $23 million, while revenue shrank dramatically from $126 million to $3 million. Additionally, active user numbers fell from 97 million to 67.8 million. The collapse highlights the damage that chasing temporary hype can cause when long-term value isn’t prioritized.

Pi Coin Sees Further Decline Amid Strong Bearish Indicators

Pi Coin has recorded a decline of over 22% within the past week and is now hovering near $0.8842. The drop aligns with technical signals indicating continued downward pressure. Its Rate of Change (ROC) sits at a steep -37.254, confirming strong bearish momentum. The Ultimate Oscillator reflects limited buying interest at 39.507, and the RSI is near the oversold level at 30.39, hinting at a slight relief but no strong recovery.

Moreover, the Commodity Channel Index (CCI) registers at -100.98, supporting the ongoing dominance of sellers. Even though the MACD line shows a slightly positive 0.072, it isn’t enough to counter the broader trend. If these conditions continue, Pi Coin might revisit support between $0.70 and $0.75. Until stronger momentum or sentiment emerges, most traders are staying cautious, waiting for better signals.

BlockDAG Beta Testnet Sees Real Participation from Over 110,000 Users

The Beta Testnet of BlockDAG is more than just a trial of performance—it’s a real-time experience combining technology and community involvement. Over 110,000 users have already been included in the testnet, each receiving 10,000 tokens, distributed via smart contracts and released steadily over four weeks. This structure allows users to interact with features like wallet integration and transaction handling in realistic scenarios.

Beyond basic testing, the initiative promotes active involvement. Wallets, miners, and participants with high balances can earn rewards, encouraging hands-on activity instead of passive observation. This setup turns BlockDAG into a space for real engagement and utility.

Financial support continues to grow for BlockDAG, with $210.5 million raised during the crypto presale, 19.1 billion coins already sold, and a 2,380% return since the first batch. Currently in batch 27 and priced at $0.0248, it’s clear that those who joined early are becoming contributors who shape the project’s future. This effort reflects how development driven by people can take priority over empty promises.

Price fluctuations do more than shift charts—they uncover which projects are built to last. With Solana losing ground to meme coin damage and Pi Coin stuck in a bearish phase, serious doubts are forming around platform reliability. BlockDAG has approached things differently by focusing on actual testing and user participation.

The onboarding of more than 110,000 users and the $210.5 million raised in presale show that BlockDAG isn’t just claiming progress—it’s actively proving it. In a time when results matter more than hype, the BlockDAG Beta Testnet shows real steps forward.

Wrapping Up!

When pressure hits, what a project values becomes clear. Solana’s issues from meme token activity have resulted in lost trust and shrinking user numbers. Pi Coin, facing its own technical hurdles, has not shown a clear direction. BlockDAG offers a contrasting path, one based on usability, open engagement, and community-driven execution.

By directly including over 110,000 users in its Beta Testnet and offering structured rewards for participation, it emphasizes working solutions over hollow claims. As the space evolves, focusing on tools people can actually use may become the strongest way forward.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu