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You are here: Home / News / Ethereum Drops 43.98% While BlockDAG Raises $209.5M With 2,380% ROI— Keynote 3 Reveals Why Devs Are Making the Switch!
BlockDAG

Ethereum Drops 43.98% While BlockDAG Raises $209.5M With 2,380% ROI— Keynote 3 Reveals Why Devs Are Making the Switch!

April 1, 2025 by Vaigha Varghese

Ethereum was once considered the top platform for building decentralized apps, but it’s no longer the only option. As blockchain tools improve, more developers are turning to alternatives that offer better scalability, lower costs, and stronger security. BlockDAG is fast becoming a preferred option in this search for performance and simplicity.

Ethereum continues to face issues with slow transactions and high fees during busy times. On the other hand, BlockDAG (BDAG) Network’s combination of DAG and PoW systems offers very fast and affordable transactions. With tight security and easy-to-use developer tools, BlockDAG is now being seen as the smarter choice by many developers.

Ethereum: A Decade of Technical Growth and Market Shifts

Ethereum began in late 2013 through Vitalik Buterin’s vision and was formally announced in January 2014 at The North American Bitcoin Conference. It aimed to expand blockchain use beyond payments by enabling smart contracts and decentralized apps. 

To fund this goal, a public crowdsale ran from July to August 2014, generating over $18 million from early Ether sales. This effort became one of the first major ICOs in crypto history. Ethereum officially launched its first version, “Frontier,” on July 30, 2015.

In its early days, Ether was valued at around $2.77 in August 2015. Over time, the price experienced ups and downs but generally rose. ETH reached a record high of about $4,865 in November 2021. As of March 28, 2025, it trades at around $2,013.18—a steep fall from its peak but still a major increase since its early launch.

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Its market cap has also changed sharply. As of March 26, 2025, Ethereum’s market cap was about $245.93 billion, down 43.98% from $439.03 billion the previous year. This drop reflects both increased competition from newer platforms and broader market corrections. Despite the decline, Ethereum still ranks second behind Bitcoin by total market value.

Ether’s circulating supply has continued to rise. On March 26, 2025, it reached 120.65 million ETH—up 0.48% from 120.07 million the year before. This moderate rise is due to the Ethereum 2.0 shift from Proof-of-Work to Proof-of-Stake, aimed at improving speed and energy efficiency.

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Beyond numbers, Ethereum’s real strength lies in its role in expanding blockchain use. It has enabled tools like DeFi apps, NFTs, and smart contracts—earning its place as a key part of Web3 and the idea of a decentralized internet.

Developers Turning to BlockDAG Over Ethereum for Practical Reasons

Blockchain progress is pushing developers to look at BlockDAG over Ethereum, mainly due to better performance in several key areas. A top reason is scalability. Ethereum slows down during high activity, while BlockDAG’s DAG + PoW system handles thousands of transactions per second with no speed or safety loss. This makes it better suited for demanding use cases.

Another critical point is the cost to use the network. Ethereum’s gas fees can spike when the network is busy, making it hard to manage project costs. In contrast, BlockDAG’s structure helps keep fees low and predictable, which is useful for apps needing frequent transactions.

BlockDAG also provides easier tools for developers. Its built-in development environment and Token Creation Wizard simplify the process of launching digital assets, avoiding the need to write complex code. Ethereum’s tools are powerful but may be harder for new builders to use due to their complexity.

Security is a top issue as well. Ethereum has faced serious exploits that raised doubts. BlockDAG, with its focus on strong security from day one, uses parallel validation and strong encryption to block potential attacks, offering more confidence to builders.

Support from the development community is another factor. BlockDAG’s massive crypto presale has gathered $209.5 million across 27 sale batches. With a 2,380% increase in returns from the first batch and over 19 billion coins sold at $0.0248 each, interest continues to grow. Developers are joining the platform not just for its tools but also for the expanding network and support it offers.

Why BlockDAG Appears to Be the Better Fit for Developers

As the industry continues to progress, developers are selecting platforms based on real use needs like speed, fees, safety, and helpful communities. While Ethereum helped shape blockchain technology, its network challenges now push many developers to seek more capable platforms. 

BlockDAG answers these concerns with its advanced structure, lower cost to use, and strong safety features. Plus, with its easy tools and active user base, it creates a better space to build in. All signs suggest BlockDAG is built not just to compete, but to deliver what today’s developers are truly looking for.

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Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Filed Under: News, Press Release

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