Over the past three months, Sui has dropped nearly 59% from its all-time high, and Wrapped Bitcoin (WBTC) has mirrored Bitcoin’s 15% decline. While both assets remain relevant, their recent performance highlights the limits of speculation-driven growth.
BlockDAG, on the other hand, is gaining momentum through consistent product delivery and user adoption. Following Keynote 3, its mobile mining tool—the X1 App—crossed 800,000 users, offering a hands-on experience rather than passive holding. As debates around valuation continue, the cryptocurrency project that’s building from the ground up may be the one worth watching next.
Sui (SUI): From ATH to Market Correction
As of April 4, 2025, Sui (SUI) holds a market capitalization of approximately $7.16 billion, with the token trading near $2.20. Just three months ago, on January 4, SUI had reached its all-time high at $5.34, bringing its market cap close to $17.4 billion. Since then, the price and market cap have each declined by roughly 58.8%, signaling a sharp correction for the project. While broader market sentiment has impacted many altcoins, Sui’s drop is particularly notable given its strong early momentum.
In particular, the fall has been linked to a combination of decreased investor enthusiasm and profit-taking after its rapid price surge. Despite this downturn, the Sui team continues to push forward with ecosystem development and community engagement. Ultimately, long-term supporters believe the project’s unique infrastructure still holds potential, though a short-term rebound will likely depend on broader market recovery and renewed utility demand.
Wrapped Bitcoin (WBTC): Shadowing BTC’s Decline
Wrapped Bitcoin (WBTC), an Ethereum-based token backed 1:1 with Bitcoin, is currently trading around $82,729, with a market capitalization near $10.69 billion as of April 4, 2025. Three months earlier, on January 4, WBTC was priced at approximately $97,784, reflecting a 15.4% decrease.
As expected, WBTC’s market cap has followed the same downward trajectory, mirroring Bitcoin’s performance. Indeed, the decline aligns with recent volatility across major cryptocurrencies, driven by shifting macroeconomic conditions and global regulatory uncertainties. Unlike altcoins that fluctuate on independent fundamentals, WBTC’s value is directly tied to Bitcoin’s price action.
Therefore, the WBTC decline is not a reflection of the token itself but of broader market forces affecting BTC. However, WBTC continues to serve a critical role in the DeFi ecosystem, enabling Bitcoin holders to access decentralized applications on Ethereum. Looking ahead, as Bitcoin stabilizes or recovers, WBTC’s valuation is expected to adjust in parallel, keeping it a staple in cross-chain liquidity.
BlockDAG X1 App Hits 800K Users—Grassroots Momentum or Something Bigger?
Since the announcement in Keynote 3, BlockDAG’s X1 mining app has surged past 800,000 users, making it one of the most viral tools in crypto mining today. However, this isn’t just a download spike—it’s a clear signal that users are buying into BlockDAG’s future, one tap at a time. The app, designed to make mobile mining accessible and energy-efficient, has quickly become a community-driven success story.
Unlike traditional mining platforms that demand costly rigs and steep learning curves, X1 flips the script. Users are mining BDAG tokens directly from their smartphones with minimal resource drain. Meanwhile, the simplicity, paired with BlockDAG’s transparent delivery on Keynote 3 promises, has fueled a wave of organic adoption. Importantly, this isn’t influencer-driven hype—it’s real people joining by referral, sharing their gains, and stacking BDAG from the ground up.
Backing this traction, are powerful numbers. BlockDAG’s presale has raised $211 million, with over 19 billion coins sold. Currently, in batch 27, priced at $0.0248, early supporters have seen a staggering 2,380% ROI since batch 1. That kind of growth turns heads—but it’s the hands-on engagement through X1 that truly sets BlockDAG apart.
While many projects chase headlines, BlockDAG is building its user base from the bottom up—one phone, one miner, one believer at a time. The X1 app isn’t just a utility. Rather, it’s become the entry point to a growing ecosystem backed by results, not just roadmaps.
Results Over Hype
Volatility may dominate headlines, but numbers still matter. Sui’s sharp drop from its peak and Wrapped Bitcoin’s steady decline alongside BTC show how quickly momentum can shift. In contrast, BlockDAG has focused less on market noise and more on building something people actually use.
The X1 App’s rapid growth to 800,000 users isn’t just a data point—it’s a reflection of grassroots engagement. Backed by a $211 million presale, real-time tools, and a live Beta Testnet, BlockDAG’s cryptocurrency project is turning user belief into daily participation. That kind of traction speaks louder than price charts.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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