Buyers Move Away From SHIB & Ethena Volatility, While BlockDAG’s BWT Alpine F1® Team Deal Grab Market Attention

Market sentiment shows contrasting developments among top crypto projects. Shiba Inu (SHIB) is still recovering from its recent bridge exploit that severely hit user confidence. Meanwhile, Ethena (ENA) trades at a pivotal level, with strong fundamentals but facing pressure from profit-taking and weak trading volumes.

As these challenges unfold, BlockDAG (BDAG) continues to accelerate its momentum. The project has secured $412M+ in its presale with over 26.5 billion coins sold at just $0.0013 in Batch 30 for a limited time. Combined with global miner shipments and a multi-year BWT Alpine F1® Team partnership, BlockDAG stands out among top cryptos for its adoption strategy. Its 25% referral program further drives community growth, creating engagement that rivals like SHIB and ENA currently lack.

SHIB’s Security Breach Weighs on Ecosystem Confidence

The SHIB ecosystem remains paralyzed following the September 12 bridge exploit, one of its most damaging incidents. Attackers compromised 10 of 12 validator keys, enabling unauthorized transfers worth $2.3M in ETH, SHIB, and ROAR. Security firm PeckShield flagged the issue, leading to a full shutdown of the Ethereum bridge and leaving user assets locked. 

Core developer Kaal Dhairya emphasized that rigorous checks are ongoing before any reopening. Recovery solutions such as bounties, treasury allocations, or insurance are under discussion but not finalized. The inability to withdraw assets continues to erode trust, and prolonged delays risk pushing SHIB further down the ranking of top crypto coins.

Ethena (ENA) Price Faces Mixed Signals

Ethena (ENA) hovers near $0.60, struggling to break above resistance as exchange inflows indicate selling pressure, with $5.4M ENA sent to exchanges recently. A double-top breakdown could drag prices toward $0.50, but strong fundamentals offer hope for recovery.

Total Value Locked has reached $13.88B, daily inflows stand at $151M, and active addresses have climbed to 32,000. Yield rewards hit 0.072 APY, their highest since March, while institutional interest remains firm with Arca holding $4.57M in ENA. A potential bounce toward $0.80 is possible if buying demand revives, though persistent selling could deepen losses.

BlockDAG’s BWT Alpine F1® Team Sponsorship, Miner Rollout, & Referral Growth Strategy

While SHIB and ENA are facing critical moments, BlockDAG continues to scale adoption. Its presale has crossed $412M+ with over 26.5 billion BDAG sold at $0.0013 in Batch 30 for a limited time, with a confirmed listing price of $0.05 that signals strong growth potential.

The multi-year BWT Alpine F1® Team partnership plays a central role in its visibility strategy. The debut at Singapore’s Token2049 and Grand Prix events marked BlockDAG’s official entry as Alpine’s exclusive layer-1 blockchain partner. From race car branding to interactive fan simulators and Web3 experiences, the project is positioning itself before a global audience of billions. CEO Antony Turner stated that the partnership will bring unique DAG-powered fan experiences, while Alpine’s Flavio Briatore praised the tech as a potential game-changer for motorsports.

In parallel, BlockDAG has sold over 20,000 X-Series miners across 130+ countries, alongside its 3M+ X1 app users. This hybrid PoW + PoE structure boosts security and transaction throughput, giving the project solid technical credibility.

The 25% referral system further amplifies adoption, rewarding referrers with commissions and referees with bonuses, fueling viral growth. Together, these efforts have made BlockDAG a standout presale project that merges strong fundraising with real cultural integration and global exposure.

Key Takeaway

The Shiba Inu ecosystem remains in damage control as developers work to restore security and regain trust. Ethena’s price action shows a tug-of-war between strong fundamentals and ongoing selling pressure.

By contrast, BlockDAG is turning presale success into mainstream traction. With $412M+ raised, more than 26.5B coins sold, thousands of miners shipped, and a global BWT Alpine F1® Team partnership, it is blending adoption, visibility, and technical progress into one massive cohesive push. 

For those analyzing top crypto projects, BlockDAG appears firmly in pole position to lead the next wave of growth going into 2026.

Join BlockDAG Presale Now:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu