Constellation Network's $DAG token is experiencing significant growth, with an 18% increase following the announcement of a subgrant for the Iron Spider Blockchain Initiative. The network is gaining traction as it collaborates with major companies like Algorand, IBM, Panasonic, and Microsoft to build a Metagraph. Additionally, Constellation is hosting a hackathon, where Team Intrana is developing an 'Immutable News' module for illicitedge. The network's technology is noted for its scalable architecture and custom consensus, positioning it as a promising platform for decentralized applications. The new LO DEX is expected to launch by the end of the year.