BlockDAG Launches New Payment Options as Presale Tops $22.4M Amid Polygon’s New Partnership & Option2Trade’s Emergence as Cardano Rival

Jack R. Mitchell

Following the recent release of a moon-based keynote teaser, BlockDAG (BDAG) has announced 10 new payment methods to further facilitate its DeFi services.

BlockDAG accepts deposits in

This decision follows the ongoing success of its presale, as the batch 10 crossed $22.4 million with miner sales surpassing an impressive $2.3 million amid the anticipation regarding its upcoming launch of its beta version of the X1 Mobile Mining app.

Meanwhile, in recent Polygon news, the platform has entered a strategic partnership with Robinhood Wallet, facilitating cross-chain swaps through its proof-of-stake (PoS) network. Furthermore, the successful launch of Option2Trade’s (O2T) platform has stirred a wave of uncertainty among holders and potential investors of competing cryptocurrencies, such as Cardano (ADA), earning Polygon the title of a ‘Cardano Rival’.

Polygon News: Robinhood Partnership and MATIC Recovery

In recent news, Polygon has entered a partnership with Robinhood Wallet for cross-chain swaps. Despite a recent 26% drop, MATIC shows signs of recovery, with a 6% increase in the past 24 hours. However, concerns persist due to high selling pressure and bearish indicators like Bollinger Bands and Money Flow Index.

Breaking above $0.77 resistance could trigger a bull run, but liquidation risks loom near $0.76. Polygon excels in NFT transactions and also dominates stablecoin usage with 1.9 million users, surpassing Ethereum and Arbitrum. Additionally, Ernst & Young’s adoption of Polygon for enterprise solutions underscores its growing significance in the blockchain space.

Option2Trade (O2T) Emerges as Cardano Rival

The Option2Trade (O2T) platform preview launch has heightened the cryptocurrency market competition, impacting Cardano and other established altcoins. O2T’s innovative features, including AI and blockchain analytics, position it as a Cardano rival, challenging its market perception.

Cardano coin

O2T’s success prompts holders and investors to reassess, signaling market evolution. O2T’s rapid ascent sparks discussions on altcoin disruption. Moving forward, O2T must sustain momentum and innovate, while Cardano may need to counter the rising challenge with accelerated development and new features.

BlockDAG: Innovating Decentralized Finance with 10 New Payment Methods

BlockDAG is ushering in a new era of decentralized finance with the introduction of 10 new crypto payment methods, coupled with a four-month fixed vesting period and $100 million in liquidity support. These new innovative payment options and the strategic vesting period solidifies BlockDAG’s position as a pioneer in the cryptocurrency landscape.

BlockDAG vesting schedule

The project underscores its dedication to maintaining value through its substantial total supply of 150 billion coins. Mirroring Bitcoin’s approach, the BlockDAG Network adeptly executes a halving event every 12 months, skillfully controlling inflation to uphold stability and long-term viability.

BlockDAG is currently in stage 10 of its ongoing presale, amassing $22.4 million and selling over 8.4 billion coins. Following the recent release of its DAGpaper, BlockDAG teased a mood-based promo for a keynote video, sparking anticipation regarding BlockDAG’s next move and having experts predict that BlockDAG’s price will surge to $10 by 2025.

Final Say

While the Option2Trade launch has impacted Cardano, earning it the moniker ‘ADA rival,’ recent Polygon news indicates a price recovery, despite a recent 26% drop.

However, BlockDAG rises as the premier investment option, having introduced 10 new crypto payment methods and emerging as one of the best altcoins for 2024, shaping the future of crypto investment.

Having sold over 8.4 billion coins in four months, BlockDAG has collected $22.4 million. Its roadmap aims for a mainnet launch within six months and sets a target of reaching a $600 million milestone by 2024. Analysts are optimistic about BlockDAG, projecting significant returns with a potential increase of up to 30,000 times the initial investment.

Join BlockDAG Presale Now:





The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff.

Read this next

Industry News

T+1 settlement goes live today in Canada, Mexico, Argentina

“Shortening the time between the trade date and settlement date reduces risk in the system, and the industry has worked hard to prepare for this important change.”

Industry News

DanFX’s Daniel Farook Ali sentenced to 7 years after extradition

The Court sentenced Mr Ali to seven years and three months imprisonment, with eligibility for parole from 5 July 2024.

Market News

Global Currency Market Dynamics Influenced by US Bond Market Volatility

The recent turbulence in the US bond market has benefited the USD.


Top 5 ICOs that are Likely to Explode in the Current Bull Run 2024

Explore top upcoming ICOs: BlockDAG, GBTC, TUK, SCOTTY, and SPONGE. Learn about their potential high returns and unique features.


BlockDAG’s Revolutionary Dev Release 36: Off-Chain PoW and a $30 Projection by 2030

Explore BlockDAG’s latest off-chain PoW innovation and its $32M presale success. Projected to reach $30 by 2030.


30,000x ROI Potential: BlockDAG Secures $33.5M in Presale, Outruns Retik Finance’s Bitmart Performance

Uncover how BlockDAG’s impressive $33.5M presale and its innovative platform draw investors away from Retik Finance following the Bitmart listing.


IT Professional Switches to Lucrative Crypto Mining Entrepreneur with BlockDAG’s Advanced Mining Technology

Learn how an IT pro turned Litecoin mining into a fortune. See if BlockDAG can match this with advanced mining tech and 30,000X ROI potential.


May 2024 Crypto Spotlight: Why Whales Are Choosing BlockDAG Over Retik Finance, Will CoinW & P2B Listing Save $RETIK?

Uncover why BlockDAG is winning over smart investors in May 2024, and surpassing Retik Finance’s performance on exchanges like CoinW and P2B.


Ethereum Leads Altcoins Toward a Huge Rally: Expert Top Picks for Altseson Unveiled

A fresh surge in alternative cryptocurrencies is building momentum as Ethereum leads the charge.