When token reductions, market trends, and potential spikes are in the spotlight, the testing of core technology often remains in the background. Shiba Inu’s significant token burn and Layer-2 developments, along with Chainlink’s goal of reaching $20, showcase strong market narratives—yet, they focus primarily on market sentiment and trading movements. Meanwhile, BlockDAG (BDAG) moves its focus from market speculation to operational efficiency. The Beta Testnet is not about market predictions but about proving functionality. With more than 15,000 transactions processed daily and over 200 nodes participating, BlockDAG rigorously tests its infrastructure in preparation for its mainnet debut in 2025. While other projects focus on market dynamics, BlockDAG is setting the standard for technological preparedness. Shiba Inu’s Token Burn Soars Shiba Inu (SHIB) has seen a remarkable increase in its token burn rate, with more than 1 billion tokens eliminated from circulation in just one day—a 57,000% rise. This increase mainly came from a single entity sending 1 billion SHIB to an unrecoverable address. Despite this intense burn rate, SHIB’s market price has stayed stable, trading around $0.00001443, which is a 55% drop from its peak this year. Technical analysis shows a megaphone pattern on the weekly chart, indicating a possible bullish trend. This pattern might push the price up by about 130%, aiming for $0.00003395. Furthermore, Shibarium, Shiba Inu’s Layer-2 solution, is nearing a total of 1 billion transactions, showing increased use and activity. The network has already handled nearly 975 million transactions, supports over 245,000 accounts, and has generated more than 10.15 million blocks. Chainlink (LINK) Aims for $20 Amid Positive Trends Chainlink’s token, LINK, is currently on an upward trajectory after exiting a downward channel that started in February 2025. LINK now stabilizes at $15.15, with aspirations to break the $20 barrier soon. The recent upturn has pushed LINK above the 200 EMA, setting it on a path toward $19.30, with the $20 level being a key target for market participants. Supporting this positive trend, on-chain data shows that LINK’s social engagement is at a peak, hinting at increased interest from the market. Moreover, a spike in development activities since early March 2025 and a decrease in LINK available on exchanges suggest that major holders are accumulating, pointing to optimistic forecasts for LINK’s market performance. BlockDAG Beta Testnet’s Final Stages Before 2025 Mainnet As it gears up for its 2025 mainnet release, BlockDAG has reached a crucial stage with its Beta “Primordial” Testnet. This phase isn’t just for show but a thorough evaluation of the network’s systems to ensure they meet essential performance and security standards when they go live. The testnet mimics peak load conditions to check how the system handles stress. BlockDAG aims to process at least 15,000 transactions daily and maintain over 200 active mining nodes to test its scalability and decentralized nature. Additionally, the testnet scrutinizes wallet functionality, ensuring smooth integration with MetaMask and effective operation across various platforms. Developers are putting smart contracts to work, dApps are being utilized by users, and the token vesting process is being tested with over 110,000 accounts. The insights and data collected now are vital for making any necessary adjustments before the final launch. The project is also building momentum with $209.5 million secured in its presale, 19 billion coins distributed, and an ROI of 2,380% since the first batch. With coins now priced at $0.0248 in the 27th batch, BlockDAG is demonstrating the robustness of its infrastructure as it prepares for launch. In essence, the testnet serves as a comprehensive rehearsal for the mainnet, allowing both users and developers to anticipate the actual launch experience. For BlockDAG, this is the ultimate preparation for making the launch a reality. Shaping Future Viability Through Real-Time Testing While market movements and investor interest can generate short-term momentum, the longevity of a technology comes from its ability to perform reliably under real-world conditions. Shiba Inu’s recent token burn and Chainlink’s positive market trends have captured the market’s interest, relying heavily on speculative responses. In contrast, BlockDAG is rigorously validating its infrastructure with its ongoing Beta Testnet. It’s processing thousands of transactions daily, engaging numerous miners, and seamlessly integrating smart contracts and wallet functionality. While other projects speculate on potential outcomes, BlockDAG is gathering concrete evidence on what actually works. The focus is on tangible results, distinguishing it from projects driven by market speculation. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post BlockDAG Beta Testnet Launches, Processes 15K+ Transactions Daily; Chainlink Gains Attention, SHIB Burns 1B Tokens appeared first on TheCoinrise.com .
