BlockDAG Beta Testnet Transforms Wallets Into Power Tools While Pi Dives 70% and GateToken Hits $2.6B Cap

With a strong focus on usability and measurable performance, BlockDAG’s wallet-centric approach during its Beta Testnet puts user experience at the forefront of real blockchain testing.

Pi Network: Mobile Mining and Recent Developments

Pi Network enables users to mine cryptocurrency via a mobile app, utilizing the Stellar Consensus Protocol (SCP) to validate transactions without draining device resources. Initially, Pi coins were mined through this app and remained within the network's closed environment.

However, the Mainnet launch on February 20, 2025, marked a pivotal transition, allowing Pi Coin to be traded on exchanges. Upon listing, Pi Coin's price peaked at $1.97 but subsequently declined to $0.737, a 62.63% drop. By March 27, 2025, the price ranged between $0.84 and $0.85, reflecting a 70% decrease from its February peak.

Nevertheless, despite these fluctuations, Pi Network's user base expanded significantly, with KYC-verified users increasing from 12 million in June 2024 to 18 million by December 2024.

GateToken (GT): Exchange Utility and Market Performance

GateToken (GT) serves as the native utility token for the Gate.io exchange, facilitating transaction fee discounts, participation in token sales, and other platform benefits. Notably, it was launched in April 2019 at an initial price of $0.40 per GT. As a result, early investors have seen substantial returns, with the token currently showing an ROI of approximately 58.09x against the US dollar. In early 2024, GT traded at $5.127; by December 31, 2024, it surged to $17.167, marking a 300% increase.

Furthermore, as of March 2025, GT's market capitalization surpassed $2.6 billion, securing a position among the top 50 cryptocurrencies globally. This growth is attributed to Gate.io's deflationary strategy, including quarterly token burns that have reduced supply and enhanced value. By the end of 2024, over 31 million GT tokens had been burned, valued at approximately $190 million, thereby decreasing the circulating supply to under 100 million tokens.

BlockDAG Beta Puts Wallets First

BlockDAG’s Beta “Primordial” Testnet is placing the user wallet front and center, turning it into the control hub for every core interaction — from airdrops and mining rewards to smart contract testing and token vesting. Specifically, more than 100 active wallets are being monitored in the first 30 days as part of a focused effort to evaluate usability, transaction fluidity, and how effectively users can track balances and testnet progress in real time.

Each eligible pre-sale participant automatically receives 10,000 testnet tokens, which vest seamlessly over a three-week schedule. Moreover, the intuitive dApp dashboard allows users to track both unlocked and locked balances without technical barriers. This design eliminates friction for everyday users while also providing developers with insights into smart contract-triggered balance changes.

In addition, incentives also revolve around wallet activity. The top 10 wallets in transaction count, mined tokens, and largest holdings each stand to earn $2,000 worth of BDAG tokens — not in testnet coins, but real assets at the $0.05 launch price.

Importantly, this wallet-first approach is powered by a strong financial foundation. BlockDAG has raised $210 million across 27 presale batches, with the current price at $0.0248 — a 2,380% return since batch 1. Over 19 billion BDAG coins have already been sold.

Ultimately, from tracking airdrops to mining competition standings, the wallet serves as the all-in-one interface — simple for beginners, yet deep enough for technical users. It's not just a storage tool — it's the gateway to BlockDAG’s entire testnet experience.

Wallets Tell the Real Story

While Pi Network pushed mobile accessibility and GateToken focused on exchange-based incentives, both have shown that growth alone doesn't guarantee sustained user value. In contrast, BlockDAG is testing what matters most — how users interact, track, and benefit directly through their wallets.

By turning the wallet into a live, visible layer of the network, BlockDAG isn’t relying solely on hype or passive holding. It’s measuring real-time engagement, usability, and transparency. As blockchain networks evolve, those that make the wallet a true center of functionality, not just a vault, may end up setting the standard for what users expect next.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu