Hedera Struggles, Pi Network Slips, While BlockDAG’s $380M Presale Steals Market Attention

Crypto markets continue to tell a story of projects battling decline versus those building undeniable traction. Hedera, once promoted as an enterprise leader, is cooling as ecosystem activity lags behind its market size. Pi Network faces slipping sentiment as bearish charts and community doubts cast shadows over its progress. Both highlight the uphill challenge of sustaining growth after initial hype fades.

At the same time, BlockDAG is commanding the spotlight for opposite reasons. With $380 million already raised, Batch 29 priced at $0.0276, and 25.3 billion coins sold, the project is making headlines with real milestones. Its partnerships in Seattle sports, the launch of the BlockDAG Academy, and live mining demos are turning it into one of the most talked-about names in this cycle.

Hedera Fades Despite Enterprise Backing

Hedera (HBAR) is facing mounting selling pressure, with prices near $0.2458, almost 20% off its yearly peak. Even with a market cap above $10.3 billion and ties with giants like IBM, Google, and ServiceNow, its ecosystem is small compared to competitors such as Ethereum and Solana. Its DeFi footprint remains thin, with only 18 dApps and $256 million in total value locked, against an industry TVL above $300 billion. Stablecoin supply has plunged from $208 million to $93 million, further weakening its role in the $270 billion stablecoin space.

Still, Hedera isn’t without hope. Its governance model, enterprise partnerships, and the possibility of an HBAR ETF could provide catalysts. On the technical front, HBAR has formed a double-bottom pattern at $0.1280 alongside a bullish pennant, hinting at a possible breakout toward $0.3028, with $0.40 in sight for 2025. Despite ecosystem gaps, Hedera’s mix of strong partners and technical setups keeps it on the radar.

Pi Network Sentiment Continues to Slide

Pi Network (PI) is stuck in a bearish pattern, slipping more than 1% while trading within a descending channel. Downside risks point to $0.3334, last seen on August 6, as sentiment cools. Efforts to re-energize the community, such as the Pi Hackathon 2025 with 160,000 Pi in prizes, drew muted enthusiasm. Many community members remain skeptical after past hackathon attempts in 2023 were abandoned.

Hints from a Pi moderator about a second migration from testnet to mainnet in 2025 added intrigue but lacked clear timelines. Technicals also paint a weak picture: RSI has dropped to 41, showing fading momentum, and MACD is close to a bearish crossover. A break below current support risks further losses, while reclaiming $0.40 could push Pi toward the 50-day EMA at $0.4421. For now, Pi Network’s outlook remains weighed down by chart weakness and shaken trust.

BlockDAG Captures the Spotlight With $380M Presale, Sports Deals, and Real Products

While Hedera and Pi grapple with doubt, BlockDAG is climbing fast with results that are hard to ignore. Its presale has already raised $380 million, with Batch 29 coins priced at $0.0276 compared to the projected $0.05 launch. Nearly 19,400 hardware miners have been sold, generating more than $7.8 million in sales. Early Batch 1 buyers have already seen gains of 2,660% compared to today’s price, a number that has fueled even greater demand.

One of BlockDAG’s most attention-grabbing moves has been its leap into Seattle sports. By partnering with the Seattle Seawolves rugby team and Seattle Orcas cricket franchise, the project is reaching global audiences far beyond crypto circles. These partnerships deliver fan coins, NFTs, exclusive experiences, and merchandise perks that connect blockchain with sports culture on a new level.

BlockDAG is also making waves in education with the launch of the BlockDAG Academy. This three-level program offers blockchain learning modules with on-chain certifications, giving credibility to users and broadening awareness of the ecosystem.

Adding to the excitement, July’s live demo of the X1 mobile mining app and X10 hardware miner gave the community a first-hand look at BlockDAG’s tech in action. The X1 allows everyday users to mine straight from their phones, while the X10 device showed it could mine up to 200 BDAG daily with plug-and-play simplicity. These working products proved that the project is not just theory but is already delivering tangible results.

This mix of fundraising success, sports visibility, blockchain education, and tested mining products is what makes BlockDAG stand out as one of 2025’s most explosive projects.

Final Word

Hedera is struggling to prove its ecosystem can keep up with its enterprise connections, and Pi Network continues to slide despite attempts to revive excitement. Both remain in the conversation, but momentum is limited.

BlockDAG, on the other hand, is rewriting the script. With $380 million secured, a Batch 29 price of $0.0276, confirmed products, high-profile sports partnerships, and an Academy shaping global learning, it is turning promise into proof. For those scanning the market for the next big story, the divide is clear. Hedera and Pi may spark future runs, but BlockDAG is already putting results on the board.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu