The post BlockDAG Surges As HYPE Struggles & TAO Breaks Out – Which Crypto Holds The Edge? appeared on BitcoinEthereumNews.com.

Not all crypto projects are built to last. While some ride market hype, others are proving their worth with real innovation and adoption. Hyperliquid’s HYPE token has been shaken by a $12 million exploit, leaving investors questioning its stability. Meanwhile, Bittensor’s TAO has broken out of a six-month downtrend, sparking hopes of a rally toward $750. But among these contenders, one project stands out—not for volatility or speculation, but for sheer technological superiority and financial strength. BlockDAG (BDAG) is quietly outpacing the competition, raising over $210 million in its presale and surging 2,380% in price. Its high-speed, scalable DAG structure is positioning it as the next big Layer-1 powerhouse, setting the stage for a groundbreaking 2025. While HYPE scrambles for damage control and TAO fights resistance levels, BDAG is attracting long-term investors betting on its dominance. HYPE Token Drops 14% After $12M Hyperliquid Exploit – What’s Next? Decentralized exchange Hyperliquid suffered a major exploit, leading to over $12 million in losses for its liquidity vault (HLP). The attack was triggered by price manipulation of the illiquid JELLY token, where a trader deposited $7.167 million across multiple accounts and executed leveraged trades to exploit the system. As panic spread, Hyperliquid’s native HYPE token plunged 14%, hitting a low of $14.23 before partially recovering. The platform has assured users that all affected accounts—except flagged ones—will be reimbursed via the Hyper Foundation. In response, Hyperliquid delisted JELLY perpetual contracts and pledged to improve its validator voting system. Interestingly, despite orchestrating the attack, the trader reportedly lost nearly $1 million due to high trading costs. With Hyperliquid addressing security flaws and ensuring reimbursements, investors are watching closely. Could this dip be an opportunity to buy HYPE at a discount before confidence returns? Bittensor (TAO) Breaks Out – Can It Hit $750 Soon? Bittensor (TAO)…

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Filed under: News - @ April 2, 2025 7:26 pm