Keynote 3 Sparks $211.5M Surge: While MATIC Plunges 60% & AVAX Tanks 49%, BlockDAG Delivers Real Results

Over the past few months, Polygon (MATIC) and Avalanche (AVAX) have seen sharp corrections, with both projects losing nearly half or more of their market value since early 2025. Slowing activity and broader market pressures have raised questions about short-term growth across several blockchain platforms.

In contrast, BlockDAG is gaining attention, not through speculation, but by showing results. Its live Beta Testnet, rolled out as promised in Keynote 3, features real-time transaction processing, an updated explorer, minting tools, and wallet integration. While others retrace, BlockDAG’s cryptocurrency project is quietly building momentum through functionality that works today.

Polygon (MATIC): Navigating the Bearish Waters

As of April 4, 2025, Polygon (MATIC) holds a market capitalization of approximately $364 million, with its token trading at $0.19. Just three months ago, on January 1, 2025, MATIC’s market cap stood at $906 million, and the token was priced around $0.47. Consequently, this marks a drop of nearly 60% in both market cap and token price, signaling a bearish trend across the network. Notably, the decline comes amid a broader market correction and declining user activity across many Layer 2 solutions. 

Nevertheless, Polygon continues to focus on ecosystem development, including zk-rollup integration and enterprise partnerships. However, investor confidence has taken a hit, reflected in decreased volumes and capital outflows. Even so, while short-term sentiment remains cautious, long-term supporters remain hopeful for a recovery driven by Polygon’s strong technical foundation and growing developer interest.

Avalanche (AVAX): Cooling Down After the Highs 

Avalanche (AVAX), known for its high-speed and scalable blockchain infrastructure, is currently valued at a market cap of $7.5 billion, with a token price of $18.15 as of April 4, 2025. In comparison, back in late January 2025, AVAX boasted a market capitalization of approximately $14.76 billion, with the token priced at $35.86. 

As a result, this translates to a 49% decrease in both valuation and token value over a little more than two months. To explain, the sharp correction has been attributed to broader macroeconomic conditions, regulatory concerns, and a cooling-off phase after strong bullish momentum in late 2024. 

Still, Avalanche remains one of the top Layer 1 chains, backed by a growing DeFi ecosystem and continuous technological upgrades. While the recent decline has rattled some investors, others see it as a consolidation phase before a potential rebound, particularly as Avalanche continues expanding into real-world asset tokenization and subnet deployment.

BlockDAG’s Beta Testnet Delivers on Keynote 3 Promises

BlockDAG’s Beta Testnet isn’t a future goal—it’s already live, functional, and delivering on every major point from Keynote 3. Specifically, designed as a real-time showcase of the project’s potential, the testnet highlights substantial improvements in speed, usability, and accessibility. 

One of the biggest upgrades is performance: the testnet now processes up to 10 blocks per second, offering a major boost in throughput compared to earlier versions. In practice, this isn’t just a number—it translates to faster transaction confirmations and a more scalable network, key requirements for long-term success.

Additionally, the newly launched BlockDAG Explorer is another standout. With a cleaner interface and improved functionality, users can now monitor blocks and transactions in real-time with full transparency. Moreover, developers benefit from the intuitive minting tools, which allow them to create and test their own tokens directly on the testnet. Meanwhile, wallet integration is already in place, allowing users to interact with the testnet environment as if they were on the mainnet—send, receive, and track assets seamlessly.

Clearly, these aren’t ideas in progress—they’re working features that back up BlockDAG’s claims with real output. The results speak volumes. The presale has already raised $211.5 million, with over 19 billion coins sold. At present, currently in batch 27, priced at $0.0248, early adopters have already seen an impressive 2,380% ROI since batch 1. 

Where Speculation Ends and Execution Begins

Market dips often expose the difference between talk and traction. Polygon and Avalanche remain established names, but their recent downturns reflect a pause in momentum and investor confidence. Meanwhile, BlockDAG isn’t relying on past performance or market cycles—it’s putting working products in users’ hands. 

The Beta Testnet isn’t a future promise; it’s live, active, and aligned with what was outlined in Keynote 3. With real-time block processing, accessible tools, and wallet functionality already in place, BlockDAG is demonstrating that consistent delivery speaks louder than projections. As the market continues to shift, execution may be the only metric that matters.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu