• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • CFO StraTech, Mumbai (August 2, 2026)
    • CFO StraTech, Bengaluru (August 20, 2026)
    • PROFX Expo, Cape Town (August 20-21, 2026)
    • CFO StraTech, Dubai (September 2, 2026)
    • PROFINEXPO, Bangkok (September 3-4, 2026)
    • Web3 Warsaw (September 9-10, 2026)
    • Forex Expo, Dubai (September 22-23, 2026)
    • Digital Assets Week in London (October 6-7, 2026)
    • 5th Fintech Week & Expo, Frankfurt (October 7-8, 2026)
    • Money20/20 USA, Las Vegas (October 18-21, 2026)
    • iCrypto Awards: People’s Choice, Dubai (December, 2026)
  • Past Events

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

BlockDAG’s Expanding 4 Million User Ecosystem Draws Major Crypto Interest While Hyperliquid & Chainlink Face Pressure

August 3, 2026 By CryptoReporter

Market prices often grab attention, but strong communities decide which projects continue to grow. This is the key factor behind three of the best cryptocurrencies to invest in this August. Hyperliquid has built a strong trader base, although it faces pressure after HYPE moved from near $51 to $52, around 33% below its June high. Chainlink has developed a long-term network of developers and institutions while LINK stays near $8, supported by a recent deal connected to a $1.6 trillion market.

BlockDAG (BDAG) has followed a different growth route, with 374,400 holders increasing by more than 1,200 daily, 4 million X1 app users, and a community reaching over 130 countries. Three projects, three different audiences: focused traders, professional users, and wider consumers. For anyone watching crypto coins to watch based on real growth instead of short-term noise, community expansion remains a key factor.

Hyperliquid (HYPE): Strong Traders Facing Market Pressure

Hyperliquid’s community is mainly driven by active perpetual traders, and that audience is currently being tested. Based on CoinMarketCap and CoinGecko data, HYPE traded around $51 to $52 in early August, falling nearly 10% weekly and about 33% below its June 16 peak of $76.85. The coin remains among the top ten by market value, with daily trading volume above $220M.

User activity remains strong despite the price movement. CoinGecko highlighted an August 6 unlock releasing about 9.92M HYPE, valued at near $520M, for core contributors, making it an important event for traders. Hyperliquid’s real-world asset activity continues expanding as well, keeping its community engaged. This creates a committed but highly focused user base, which keeps HYPE among the best cryptos to buy for derivatives-focused traders.

Chainlink (LINK): Growing Through Developers and Institutions

Chainlink’s community follows a different path, built around developers, companies, and integration partners rather than daily traders. Coinbase and CoinGecko data showed LINK trading near $8.02 to $8.18 in early August, down around 2% to 3% during the week, showing a calmer move compared with many large-cap assets.

The network continues adding new connections. Chainlink confirmed that Figure is moving the $1.6 trillion US auto-loan market on-chain through its technology, while the Figure and HastraFi integration on Kamino strengthens institutional use. Each partnership brings more developers and businesses into the Chainlink network instead of short-term market participants. This steady professional growth keeps LINK among crypto coins to watch.

BlockDAG (BDAG): A Community Growing at Scale

BlockDAG’s strength comes from a large and measurable user base. The project reports 374,400 holders, growing by more than 1,200 each day, with a current entry price of $0.000000017 and a targeted $0.025 BuyBack price. Users can also access Live Swap with a 22% discount compared with its CoinMarketCap rate. Beyond holders, 4 million users are active on the X1 mobile mining app, while the wider community reaches more than 130 countries with over 390,000 participants.

These figures show why community size matters. Holders can become stakers, while app users become miners. A presence across 130-plus countries creates a broader base that is less dependent on one region or market condition. Compared with Hyperliquid’s focused trader group and Chainlink’s professional audience, BlockDAG has a wider consumer-driven community that many presale projects cannot match.

The growth speed is another important point. Current totals show past progress, but adding more than 1,200 holders every day highlights future direction. This continued expansion is why BDAG keeps appearing among the best cryptocurrencies to invest in. While future results cannot be guaranteed, a growing community gives the ecosystem a stronger base to develop.

Final Comparison

Hyperliquid has a dedicated trading community, although HYPE is near $51 to $52, and the August 6 unlock of 9.92M coins creates a short-term challenge. Chainlink has built a strong professional network through major partnerships, with LINK near $8 and Figure bringing a $1.6 trillion auto-loan market onto its system. BlockDAG continues expanding its consumer base, with 374,400 holders rising by more than 1,200 daily and 4 million X1 app users across 130-plus countries.

Each project represents a different type of strength: focused loyalty, professional adoption, or large-scale community growth. Among the best cryptocurrencies to invest in, all three have real foundations, but each follows a different path.

For those tracking top crypto coins in 2026, the community that continues expanding fastest may shape the strongest future activity.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMV

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: BlockDAG

Primary Sidebar

Press Releases

OKX Data: 83% of AAPL and AMZN Futures Volume Traded Outside U.S. Market Hours on Day of Earnings

August 3, 2026

Post-MiCA, Trust Becomes Verifiable as OKX Publishes 45th Consecutive Proof of Reserves

August 3, 2026

USA₮ Is Now Live on Celo, Bringing Tether’s US Dollar Stablecoin to the Most Widely Adopted Network for Payments

August 3, 2026

Philippine Blockchain Week 2026 Marks the Shift from Decoding to Deployment

August 3, 2026

MoonPay Launches PayBox, a Payment Vault for Claude and ChatGPT That Turns Prompts Into Payments

July 31, 2026

Follow Us

Web3 Warsaw

Forex Expo Dubai 2026

5th Fintech Week & Expo 2026

Money20/20 USA

iCrypto Awards

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2026 Crypto Reporter