BlockDAG Raises $388M as ETH and XRP Struggle!

Short-term price action continues to dominate the crypto space, where headlines often spotlight volatile moves instead of sustainable growth. Right now, attention is on the XRP breakout setup as it sits near a pivotal triangle resistance. Ethereum’s market discussion is largely shaped by seasonal trends. While both projects have their strengths, neither is leading with adoption or fundamentals.

Meanwhile, BlockDAG is following a different trajectory. With $388 million raised, a Batch 30 price of $0.03, and a confirmed launch price of $0.05, the project is creating long-term value by pairing real-world use cases with massive traction. Backed by pro sports collaborations, a strong referral system, and verified security audits, BlockDAG is quickly becoming one of the top long-term crypto picks in the current market.

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XRP Awaits Breakout Confirmation

XRP is hovering just under $2.95, trading inside a symmetrical triangle that’s nearing its apex, likely to break within the next 10 days. Immediate resistance is marked at $3.10, while $2.80 acts as a base. Technical readings paint a neutral picture: RSI is sitting at 49, and trading volume continues to decline, suggesting hesitation among both buyers and sellers.

The setup hints at explosive potential but lacks confirmation. A clean push above $3.10 could ignite a move toward the $3.30–$3.50 range. On the flip side, a drop below $2.80 might test deeper lows.

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While the structure is visually appealing to traders, the absence of strong volume keeps sentiment cautious. Many are holding back, waiting for clear confirmation before jumping in fully. Until then, XRP remains suspended between bullish speculation and bearish hesitation, making timing critical.

ETH Faces the September Dip Again

Ethereum has gained 25% in August, now trading just over $4,700. But September poses a challenge; historically, ETH has dipped after summer rallies, averaging a 6.42% pullback since 2016. Still, this cycle presents some new dynamics.

Ethereum-focused ETFs have brought in nearly $3 billion, while over $17 billion in ETH now sits in corporate hands. BitMINE alone accounts for $6.6 billion of that figure, making it one of the largest individual holders in the market.

Some believe macro signals could help ETH push through September’s drag. With the Fed hinting at future rate cuts and the liquid supply shrinking due to increased on-chain activity, Ethereum could break the seasonal pattern.

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Analysts from Standard Chartered even project a $7,500 price by year’s end. That said, short-term caution lingers, especially with historic data signaling potential volatility. Ethereum’s long-term momentum is strong, but short-term moves will likely depend on market sentiment and how well it resists previous patterns.

BlockDAG’s $388M Momentum Explained!

BlockDAG is rewriting the crypto playbook. It’s not just raising funds, it’s pushing boundaries with real-world integration. Its two sports partnerships with the Seattle Seawolves (rugby) and Seattle Orcas (cricket) go beyond branding. They bring fan engagement, NFT experiences, and content access that tap into global sports audiences. While other projects chase hype, BlockDAG is embedding itself into actual communities.

What’s helping it spread fast is its referral setup, offering 25% BDAG coin commissions to those who refer others, and a 5% bonus for new participants. This structure fuels rapid organic growth, all while building a loyal user base. Rather than pouring money into ads, BlockDAG lets the community scale it. This gamified approach is proving highly effective.

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Security isn’t an afterthought, either. With audits completed by CertiK and Halborn, the platform has tackled vulnerabilities and implemented strong defenses. Features like multi-signature protection and parallel Proof‑of‑Work provide an extra layer of trust, something many presales ignore.

And with 20 exchanges already confirmed for listing, BlockDAG is primed to launch with ready liquidity. With its unique blend of real-world partnerships, secure foundations, and community growth mechanics, BlockDAG isn’t just joining the race; it’s pulling ahead.

Looking Ahead

XRP’s triangle pattern builds suspense, while ETH tries to overcome its September curse. These stories dominate short-term speculation, but neither brings the same long-term clarity as BlockDAG.

BlockDAG has delivered where it counts: $388M raised, 25 billion coins sold, and a referral model that keeps growth steady. Its launch isn’t relying on hype; it’s supported by exchange access, audited code, and strong partnerships across major sports.

For anyone scanning the market for long-term crypto opportunities, the comparison is clear. XRP and ETH may rally or retreat in response to the next chart signal. BlockDAG, however, is stacking wins that outlast the news cycle. With fundamentals leading the way, it’s shaping up to be a long-haul contender worth watching.

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Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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Source: https://coincu.com/pr/blockdag-raises-388m-as-eth-and-xrp-struggle/