BlockDAG Raises $445 Million, Anticipates Supply Crunch by 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Coinmarketcap
- Funding Achievement: BlockDAG recently completed a record $445 million funding round, circulating 12 billion tokens while establishing what is projected to be the most versatile Layer 1 in 2026, which is expected to significantly boost its market valuation.
- Supply Forecast: With 60% of BDAG assets anticipated to be locked by late 2026, combined with the growth of decentralized applications, analysts predict a price support level of $1.00 by mid-2027, indicating strong investment potential.
- XRP Price Fluctuation: XRP surged 31% at the start of 2026, rising from $1.84 to $2.41, although it later corrected by 14% to the $2.10-$2.27 range, yet it maintains a 17% weekly gain, reflecting robust market demand.
- Cardano Outlook: Cardano (ADA) is projected to reach a target of $0.55-$0.70 in 2026, facing technical resistance, but the influx of new funding and the clearing of institutional trades provide support for its future growth.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
