BlockDAG Leads with $254.5M Raise and Exchange Reveal

Crypto activity is picking up again this May, with stronger interest in projects that show real growth, clear timelines, and solid tech.

Crypto activity is heating up again this May, with stronger interest in projects that can show real growth, clear timelines, and solid tech. From coins preparing for major upgrades to those seeing more user adoption, many are showing signs of movement. Picking the right ones now could lead to major gains in the months ahead.

But not all coins are equal, some have more going for them right now than others.

This article looks at the best bullish cryptos, based on new updates, momentum, and clear use cases. Toncoin is forming a strong chart, Bittensor just launched a new subnet, and NEAR Protocol rolled out a major speed upgrade. But leading them all this month is BlockDAG, with over $254.5 million already raised and its presale price locked at $0.0020 until June 13. Let’s dive into the details.

1. BlockDAG Leads with $254.5M Raise and Exchange Reveal

BlockDAG is setting itself apart with results. Its presale has now raised over $254.5 million and more than 20.6 billion BDAG coins have been sold. The current price of $0.0020 is locked in until June 13, and this price freeze adds urgency as the listing price is expected to be much higher. At $0.0262 in Batch 28, BlockDAG (BDAG) has already delivered a 2520% return compared to its starting point.

What makes BlockDAG a bullish crypto to watch is the progress it’s showing. Its hybrid model combines Proof-of-Work with a Directed Acyclic Graph (DAG) structure, helping it scale faster. The testnet is already processing 800 transactions per second, and it’s aiming to hit 2,000 TPS soon.

Beyond speed, BlockDAG is building engagement with daily Buyer Battles that give out 150 million BDAG, along with a 25% referral bonus and mobile-friendly mining tools.

With over $7 million in miner sales and more than 17,000 miners already sold, BlockDAG’s mining ecosystem is growing fast. Its reach is expanding too, with listings confirmed on 20 exchanges like MEXC and BitMart once it hits the $600 million goal. The project also has a strong presence, including a major partnership with Inter Milan and more than 1 million users mining via its app.

For those tracking the most bullish crypto picks this year, BlockDAG is a standout.

2. Toncoin Targets $3.93 by Mid-May

Toncoin (TON) has seen a breakout recently, trading near $3.10, and many expect it to rise to $3.93 by May 20. That’s a 27% gain in the short run, which is drawing attention from those watching for momentum. TON also retired its Ethereum and BNB bridges, signaling a cleaner future for its development.

This coin continues to build within the Telegram-linked ecosystem, making it one of the more bullish crypto assets from a tech and adoption point of view. Forecasts show a potential rise above $22 within the year. The weekly chart is showing a bullish engulfing pattern, often linked to more upside. For those following technical setups, TON remains high on the list of coins to watch this month.

3. Bittensor’s New AI Subnet Sparks Optimism

Bittensor (TAO) is gaining ground again. It’s now trading around $438.70, and forecasts point to $556.47 by May 20. That’s nearly a 26% gain expected this month. Long-term projections are even stronger, with targets above $2,100 if growth continues.

TAO stands out in the AI space as one of the few projects running a working model. It rewards participants who provide machine learning power. Its new subnet boosts both performance and specialization. This real upgrade, not just hype, is why Bittensor is seen as a bullish crypto. With a $3.8 billion market cap and clear purpose, it’s one of the rare AI projects offering true utility and scalability right now.

4. NEAR Protocol Accelerates with Nightshade 2.0

NEAR Protocol (NEAR) just launched Nightshade 2.0, which now allows block creation in 600 milliseconds and finality in only 1.2 seconds. This speed puts NEAR in a strong place among scalable platforms. It’s trading at $2.93 right now, and short-term forecasts suggest a dip to $2.62, but this is likely just a pullback.

Even though NEAR’s market cap dropped 47% in Q1, its DEX volume doubled thanks to protocols like Rhea Finance. That growth