BlockDAG Launches No-Code Testnet as Shiba Inu Drops 8% and Cardano Slips to $0.60 on Whale Activity
In a market known for its volatility, some projects are retreating while others are stepping up. This week, Shiba Inu (SHIB) and Cardano (ADA) faced downward pressureSHIB fell 8% and ADA briefly dipped to $0.60 following large-scale whale activity. But amid the pullback, BlockDAG is moving in the opposite direction.
Its latest beta testnet launch, which includes a no-code token and NFT creation tool, is turning heads across the space. For developers, creators, and everyday users looking for real utility and accessible entry points into Web3, BlockDAGs timing couldnt be better.
BlockDAGs Testnet Brings No-Code Web3 Tools to the Masses
BlockDAGs newest rollout is focused on breaking down barriers. With its no-code token and NFT wizard now live on the beta testnet, the platform is aiming to make Web3 development simple for anyoneno engineering background required. Whether youre an artist, brand, or just curious about blockchain, the drag-and-drop builder makes it easy to launch digital assets on-chain.
Behind the ease of use is something more strategic: every asset created through the wizard depends on BDAG to function. That directly ties activity to demand, meaning that as more users launch tokens or NFTs, transaction volume on the network increasesand so does the utility of the coin itself.
The beta testnet, which went live on March 28, also features several ecosystem tools including a faucet, a redesigned blockchain explorer, and a user-friendly dashboard for creators. On top of that, BlockDAG has set aside a $60,000 reward pool to incentivize engagement. The 10 most active wallets, ranked by mining, transaction activity, and BDAG holdings, can each earn $2,000.
With more than 110,000 users already testing the system, BlockDAG is gathering early feedback as it fine-tunes the network ahead of its mainnet debut. Meanwhile, its presale is gaining traction. Priced at $0.0248 in batch 27, BDAG has already sold over 19.1 billion coins and raised more than $212 million. Its a strong signal that interest is growingnot just from curious buyers, but from builders, too.
Shiba Inu (SHIB) Price Drops 8% Despite Shibarium Milestone
Even as Shibarium crossed 1 billion transactions, Shiba Inu (SHIB) has struggled to maintain positive price momentum. As of now, SHIB is trading at $0.00001226, down 8.28% on the week and nearly 55% compared to the same time last year.
On-chain indicators arent offering much relief. Around 62% of current SHIB holders remain in the red. Burn activity, which has often been a bullish signal, has also slowedjust 37.6 million SHIB were burned in the past 24 hours, a sharp 60% drop from the previous day.
Despite Shibariums shift toward active use, daily trading volume for SHIB has fallen by 40% in the last 24 hours. The coins supply remains heavily concentrated, with 74% held by large wallets. That kind of distribution tends to result in unpredictable swings, and without stronger buying pressure or meaningful reductions in supply, the downward trend could continue.
Cardano (ADA) Sees Selling Pressure as Whales Offload 120M Coins
Cardano (ADA) has also seen turbulence this week, driven in large part by significant whale activity. In just two days, approximately 120 million ADA were sold by large holders. Wallets in the 1 million10 million ADA range saw their combined holdings fall from 5.84 billion to 5.71 billion.
This sell-off contributed to a brief dip in ADAs price to $0.61, though it has since rebounded to $0.66. Still, the weekly decline sits close to 6%. Ownership patterns have also shifted. Whale concentration dropped to 8.48%, while retail holders now control more than 71% of circulating supply.
Short-term traders are retreating as well, with that groups presence down 16.36%. However, not all sentiment is bearish. Institutional inflows into ADA remain steady, with $0.6 million in new capital flowing into Cardano-focused ETPs last week. For 2025, institutional inflows have now hit $70 millionsuggesting that long-term interest in the ecosystem hasnt disappeared.
Wrapping Up
Its a mixed moment in the market. Shiba Inus price continues to struggle, despite growing activity on Shibarium. Cardano, meanwhile, is absorbing heavy whale sell-offs while holding onto long-term institutional support.
But amid all the shifting sentiment, BlockDAG is offering something more concretetools that people are already using. Its no-code testnet allows anyone to launch tokens or NFTs with ease, and with over 110,000 users testing the network and a $212 million presale behind it, the momentum is hard to ignore.
As crypto investors and creators look for platforms with real utility and room to grow, BlockDAGs combination of accessibility, user rewards, and builder-first design is beginning to stand out. For those following the space closely, its a project worth keeping on the radar.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Text source: TronWeekly
