While BlockDAG may be grouped with DAG-based names like IOTA or Kaspa, a closer comparison might be to Avalanche or Solana during their early development stages. Like those projects, BlockDAG combines early traction with an ambitious plan.

The hybrid model combining DAG and PoW is still being tested in the wider market. But with features like no-code tools and EVM support, the setup is built to attract real usage rather than only technical attention.

If the project can keep up its pace with developer interest, follow through on the roadmap, and smoothly move from to launch, it may find its place among the most relevant Layer 1 projects. The $313 million raised so far and a fast-growing user count suggest strong interest.

Still, the real measure will come after launch, when the system is tested through actual usage. Whether it earns a top 50 position will depend on what comes next, but for now, BlockDAG is clearly preparing for it.