As the broader crypto market endures mixed sentiment, Pi Network and Sei continue to struggle under sustained selling pressure, reflecting waning short-term momentum. The Pi coin price has crashed over 85% since its mainnet launch, while the SEI price momentum remains firmly bearish following a 7.75% daily drop. In contrast, BlockDAG has captured widespread attention with its $430M+ raised presale, rapidly approaching the highly anticipated Genesis phase.
Currently in Batch 31, priced at $0.0015, BlockDAG has sold nearly 27 billion BDAG coins to over 312,000 holders. With 3.5 million X1 app miners and 20,000 hardware miners already sold, the project’s hybrid Layer-1 ecosystem continues to grow rapidly. As Genesis Day nears, BlockDAG’s momentum, driven by its Awakening Testnet and Buyer Battles, has solidified its position as a top contender in the current market.
Pi Network’s Token Unlocks Trigger Sharp Decline
The Pi coin price has plunged 85% since its February mainnet launch, erasing most of the early hype surrounding the project. The primary driver of this decline is the continuous surge in token supply, with PiScan data showing over 1.26 billion tokens scheduled for unlock over the next 12 months, averaging about 23 million monthly. Without accompanying burns, these releases have sharply diluted market value and amplified selling pressure.
Pi Network is also labeled a “ghost chain” by analysts, as user activity remains minimal despite claims of hundreds of ecosystem apps. Most applications are restricted to the Pi Browser, limiting reach and adoption. Moreover, the lack of major exchange listings on Binance or Coinbase hinders liquidity.
Centralization remains another key concern, with over 90 billion tokens held by the foundation. Although Pi has launched a $100 million ecosystem fund and a DEX testnet, sentiment stays negative, pushing traders toward stronger projects.
SEI Price Momentum Weakens After 7.75% Drop
The SEI price momentum continues to deteriorate after falling 7.75% to around $0.188, trading below its MA-20 ($0.2412), MA-50 ($0.279), and MA-200 ($0.2579). This alignment across timeframes confirms sustained bearish pressure. Despite developments such as Laser Digital’s tokenized Laser Carry Fund launch and KuCoin’s staking campaign, neither has reversed the selling trend.
Technical indicators remain negative. The MACD confirms ongoing weakness, while the ADX highlights a strong downtrend. RSI and Stoch RSI readings sit deep in oversold territory, with analysts expecting a likely range between $0.148–$0.155 and less than a 20% chance of recovery.
Traders Union analyst Anton Kharitonov warns that unless Sei reclaims $0.1925, further downside is likely. While institutional partnerships add long-term credibility, near-term sentiment stays cautious. The SEI price momentum thus highlights weak buyer conviction compared with resilient assets.
BlockDAG’s Live Testnet & $430M Presale Signal Strength!
While Pi and Sei face ongoing sell pressure, BlockDAG continues to outperform with tangible progress across its ecosystem. The project has already raised over $430 million in its presale, selling nearly 27 billion coins to 312,000 holders. Now in Batch 31, BDAG is priced at $0.0015, with analysts forecasting a potential listing value of $0.05, making it a standout project.
The upcoming Genesis phase, marking the official mainnet launch, has become one of the most anticipated events in the altcoin space. This milestone will transition BlockDAG from its presale into live network operations, with buyers eagerly awaiting token unlocks and ecosystem deployment.
Equally impressive is the Awakening Testnet, an EVM-aligned network delivering around 1,400 TPS, upgraded from the previous 800 TPS benchmark. The Testnet integrates account abstraction, smart wallet support, and dApp deployment tools, highlighting real-world readiness. Developers and miners have praised its stability and functionality, positioning BlockDAG as a technically advanced Layer-1 network.
The project’s daily Buyer Battles feature has further energized its community. Each day, 50 million BDAG coins are allocated for competition, with any unsold amount awarded to the day’s top buyer. This gamified approach has boosted participation, helping BlockDAG maintain strong presale momentum even in a cautious market.
Additionally, over 20,000 physical miners and 3.5 million X1 app miners are now active worldwide, ensuring widespread accessibility ahead of Genesis. Combined with the project’s hybrid Proof-of-Work and Directed Acyclic Graph architecture, these milestones validate BlockDAG’s legitimacy and growth potential, cementing its reputation as a project to watch before exchange listings begin.
Final Thoughts
The contrast between Pi Network’s decline, Sei’s weakness, and BlockDAG’s momentum defines today’s crypto market. The Pi coin price remains pressured by constant token unlocks, while the SEI price momentum shows continued selling despite institutional updates.
In contrast, BlockDAG’s $430M+ presale, Awakening Testnet, and Buyer Battles highlight real progress and strong community engagement. With nearly 27 billion coins sold, 312,000 holders, and a fast-growing global miner network, the project’s roadmap to Genesis signals lasting strength.
As anticipation builds for the mainnet launch, BlockDAG stands out as a project combining transparency, growth, and real utility.
