BlockDAG Raises $5M in 48 Hours as Testnet Validates Potential; AVAX Eyes $30 ETF Rally, XRP Slips Below $2
Avalanche is managing to hold $20 during ongoing volatility, but Nasdaqs filing for a spot AVAX ETF could reshape its outlook. If approved by the SEC, the move could unlock new institutional inflows and create a path toward $30. Still, holding support around $19.74 is critical, with macroeconomic challenges keeping price gains in check.
XRP, on the other hand, is facing a tough reality. Even after legal wins, the token is trending down. A 7% drop, flat demand, and an expanding supplynow at 58 billionare weighing on its market. If the $1.96 support fails, the decline toward $1.35 could unfold quickly.
In contrast, BlockDAG is growing through delivery. Following Keynote 3, it raised $5 million in two days, pushing total presale funding above $210 million. With a Testnet already handling over 1.2 million transactions, and tools for DeFi, token creation, and governance live, BlockDAG isnt forecasting progressits demonstrating it.
AVAX ETF Filing Could Open Institutional DoorsIf Support Holds
Avalanche (AVAX) is hovering at the $20 level after an 8% daily dip, reflecting broader market uncertainty. Yet Nasdaqs filing for Canary Capitals AVAX ETF could change this outlook. If approved by the SEC, it could allow institutional access and potentially lead to increased demand.
Technically, AVAX is testing its 50-day simple moving average at $19.74. Holding that level could trigger a rebound toward $23 or higher. If support fails, a drop to $18 may follow before any recovery attempt.
Avalanches future direction depends on regulatory outcomes and how markets respond. Until then, it remains in a holding pattern despite strong development fundamentals.
XRP Faces Price Pressure as Supply Grows, Demand Wanes
XRP is struggling to build upward momentum. Even after the SEC dropped its appeal against Ripple, the coin lost 7% and now risks falling below $2. With whale activity slowing and exchange reserves steady, buyer interest remains muted.
Whats more, Ripples monthly escrow releases continue to expand the circulating supplygrowing from 54 billion to 58 billion in just one year. This imbalance between supply and demand is putting pressure on price.
If XRP breaks below $1.96, a Head and Shoulders pattern may play out, pointing to a decline toward $1.35. The market remains cautious until clear signals emerge.
BlockDAG Sets the Pace: $5M in 48 Hours Validates Roadmap and Fuels Push Toward $1
BlockDAG is gaining ground through tangible progress. After Keynote 3, the project raised more than $5 million in just 48 hours, lifting its presale total above $210 million. Priced at $0.0248 in Batch 27, BDAG is seeing increased demandfueled by consistent delivery, not just anticipation.
The Beta Testnet is live, with over 1.2 million transactions processed. It supports dApp development, a token creation wizard, and a detailed block explorer. These arent future planstheyre functional today. And thats only part of the story.
The projects direction is clearly laid out. The mainnet will launch with staking, lending, DeFi tools, governance systems, and multi-chain bridges already built in. That means users can interact with the network from day oneno waiting for post-launch updates.
Exchange listings on 10+ platforms are confirmed, further supporting liquidity and access. Also, BlockDAGs hybrid DAG + PoW design merges speed, scalability, and securityall without compromising decentralization.
CEO Antony Turner summed it up during Keynote 3: What youll see today has been months in the makinga leap forward in decentralization, security, and scalability. This direction, combined with technical performance and global visibility, is reshaping how Layer 1 chains launch and scale.
Final Outlook: Why BlockDAG Is Advancing as AVAX Waits and XRP Slows
Avalanche may gain significantly from ETF approval, but its next breakout depends on the SECs timeline. Technical indicators point to a possible bounce, yet confirmation is still missing.
XRP, despite favorable court developments, is dealing with growing supply and sluggish demand. The market has not responded with confidence, and unless demand rises, risks remain high.
BlockDAG, meanwhile, continues to move forward without hesitation. The Testnet is functioning at scale, the mainnet will launch with critical tools already integrated, and global listings are lined up. Its DAG + PoW architecture is optimized for fast, decentralized performanceand its already being put to use.
Among projects preparing for the next cycle, BlockDAG stands out as one thats already building the infrastructure others are still planning.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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