BlockDAG Hype Surges as Coinbase and Kraken Listing Rumors Spread

Conversations around BlockDAG, a multi-utility project currency currently in its presale stage, have gained more hype following rumors that its native token, BDAG, could soon go live on Coinbase and Kraken.

As a result of this news, and given that the project’s website already indicates a potential future listing on Binance, many are now forecasting whether its price could rise further.

Is BlockDAG’s Listing on Coinbase and Kraken Confirmed?

One thing that investors should keep in mind is that the reports about BlockDAG’s potential listing aren’t confirmed but are based on a tweet shared by Crypto Rover. The popular crypto news analyst shared a post featuring images of a few Coinbase documents, suggesting that BDAG could be the next crypto to go live.

However, according to the listing agreement, the date is yet to be announced, which means it is not 100% confirmed.The reactions to these rumors are split. One side is bullish, such as That Martini Guy, who tweeted that it would be nice to see the project living up to the hype.

Skeptics of the news also exist, stating that until there is an official confirmation from Coinbase, such rumors should only be considered as speculation.

As for the rumors around the token’s listing on Kraken, the circulating document appears to be an early Kraken agreement. According to the same document, over 300K USDT has been allocated for system integration, 200K USDT and over 100K worth of BDAG tokens are allocated for marketing, and the last 300K USDT has been set aside for liquidity support.

What Impact Could Coinbase and Kraken Listing Have on BlockDAG?

BlockDAG has raised upwards of $430 million to date, making it potentially one of the popular presales of 2025. With the official website indicating that a Binance listing date is coming soon, there is a positive perception about the project among short-term investors.

Coinbase is the among the biggest cryptocurrency exchanges by trading volume according to CoinMarketCap, with daily trading volume exceeding $2.3 billion. Kraken, on the other hand, ranks as the 14th-largest centralized exchange in the market, with daily trading volume just above $1.6 billion.

Landing on either exchange could result in a positive reception for the project due to the “pumping effect” that such listings tend to have on crypto prices. Historically, Coinbase, much like Binance, has caused a listing pump in many assets’ prices. Kraken’s impact on crypto prices is slightly more diluted but still significant.

What also makes BlockDAG’s listing rumors worth paying attention to is the timing. The macroeconomic conditions, despite being volatile, are positive for new assets. From a marketing perspective, BlockDAG has also been very visible. Taking both elements into consideration, it is possible for BlockDAG to experience some degree of surge upon listing.

Final Words

At the time of writing, BlockDAG has raised upwards of $433 million. Described on the official website as a hybrid Layer 1 project that combines aspects of blockchain and a directed acyclic graph, BlockDAG asserts that it aims to tackle many of the existing shortfalls of the cryptocurrency market.

The huge funds raised, thanks to the combined efforts of the public sale and venture capitalist backing, reveal strong support for the project. The project’s X1 Miner app has already surpassed 3.5 million users, and the listing date on Binance could be revealed soon.

As a result, there may be some weight to the rumors about BDAG’s potential arrival on Kraken and Coinbase. However, investors are advised to wait for official confirmation from BlockDAG or the exchanges themselves before making decisions.