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Sujit Kumar
Apr 2, 2025

Keynote 3: BlockDAG’s Explorer, IDE & Oracles Shine While MATIC and ARB Collapse Under Market Pressure

BlockDAG's Robust Ecosystem
Scaling blockchain technology goes beyond just faster transactions—it’s about building robust ecosystems that sustain long-term growth. Polygon and Arbitrum have both taken bold steps in tackling Ethereum’s scalability challenges through Layer 2 solutions, leveraging sidechains and optimistic rollups to reduce congestion and fees. Yet, despite their technological advancements, both projects have faced significant volatility, reflecting the complex nature of blockchain adoption.

Meanwhile, BlockDAG stands out by focusing not only on hybrid consensus but also on a comprehensive infrastructure that seamlessly integrates tools like explorers, indexers, oracles, and IDEs. This well-rounded ecosystem underpins its remarkable growth and positions it for sustainable progress.

Polygon: Scaling Ethereum's Capabilities

Polygon, formerly known as Matic Network, is a Layer 2 scaling solution designed to tackle Ethereum’s scalability challenges by enabling faster and cheaper transactions. Specifically, it achieves this by utilizing a network of proof-of-stake validators and sidechains that process transactions off the Ethereum mainnet. As a result, this significantly reduces congestion and transaction fees while maintaining high throughput.

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Polygon’s journey began in 2017 when it sold 3.8% of its total supply during a private sale. Subsequently, a 2019 launchpad sale offered 19% at $0.00263 per token, raising around $5 million.

Despite its strong foundational vision, Polygon’s market performance has faced challenges. As of March 29, 2024, MATIC was trading at approximately $0.9912. However, by March 29, 2025, the price had plummeted to about $0.21, reflecting a sharp decline of approximately 78.8%. Nevertheless, this decrease aligns with broader market downturns and investor sentiment. Still, Polygon remains integral to Ethereum’s ecosystem as a crucial scaling solution amid ongoing development and adoption.

Arbitrum: Enhancing Ethereum with Layer 2 Solutions

Arbitrum is a Layer 2 scaling solution for Ethereum that uses optimistic rollups to process transactions off-chain while recording data on the mainnet. Consequently, this approach drastically reduces fees and improves transaction speed, making it highly suitable for decentralized applications (dApps). Furthermore, Arbitrum batches transactions and posts only the aggregated result on-chain, thereby significantly optimizing efficiency.

During its early funding rounds, Arbitrum raised around $124 million, with Series A and B token prices set at $0.12 each.

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Despite its promising technology, Arbitrum has faced significant price volatility. On March 29, 2024, ARB was priced at around $1.6450. However, as of March 29, 2025, the token's value had dropped to approximately $0.3291, marking a drastic decline of about 80%. This substantial decrease highlights both the challenges and risks associated with Layer 2 solutions. Even so, Arbitrum continues to evolve as the crypto space adjusts to changing market dynamics.

The BlockDAG Ecosystem Is Bigger Than You Think

The success of BlockDAG goes beyond just its hybrid architecture and cutting-edge scalability. While much attention has been given to its revolutionary DAG + PoW model, the real heroes behind the scenes are the powerful tools and infrastructure that make the network seamless and resilient.

For instance, the BlockDAG Explorer is a comprehensive tool designed to offer users real-time insights into transactions, blocks, and on-chain data. This transparency is vital for fostering trust and enhancing user engagement. Additionally, indexers efficiently organize blockchain data, allowing developers to access critical information without latency. Moreover, the system is further strengthened by oracles that bridge off-chain and on-chain data, enabling smart contracts to execute accurately and reliably.

blockdag explorer

Development is also streamlined through BlockDAG’s Integrated Development Environment (IDE), which makes building decentralized applications more accessible and efficient. As a result, by simplifying the development process, the IDE encourages wider adoption and community involvement.

Altogether, these foundational tools have quietly set the stage for BlockDAG’s explosive growth. The project has already raised $210 million in its presale, reaching batch 27 with a price of $0.0248. With an ROI of 2,380% since batch 1 and over 19 billion coins sold, BlockDAG is proving that its robust ecosystem is more than just a technical feat—it’s an integrated framework for sustainable growth and community-driven progress.

Beyond Speed 

Polygon and Arbitrum have shown what’s possible when scalability becomes the focus, using Layer 2 solutions to address Ethereum’s performance limitations. However, strong infrastructure is just as important as transaction speed. That’s where BlockDAG sets itself apart—not only by addressing throughput and cost efficiency but by building the surrounding systems that make a blockchain functional, accessible, and developer-friendly.

With real-time explorers, reliable oracles, organized indexers, and a streamlined IDE, BlockDAG supports more than transactions—it supports a growing ecosystem. As the blockchain space matures, it’s the completeness of the foundation that will determine which networks are built to last.

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Keynote 3: BlockDAG’s Explorer, IDE & Oracles Shine While MATIC and ARB Collapse Under Market Pressure
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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