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Another day in the crypto world. Arbitrum see’s an influx of transactions on its mainnet making it a leader among layer 2 solutions. XRP’s price plummeted and could see furth drops if the coin doesnt resist key points.
Meanwhile BlockDAG is surpassing expectations with the launch of its BlockDAG Explorer which allows developers and traders alike to understand where BLockDAG sits in real time. Which means the community was able to watch as BlockDAGs presale rushed past $92M this week.
Arbitrum (ARB) news: 1B Transactions on its Mainnet
Arbitrum (ARB) has reclaimed the spotlight by hitting a major milestone—1 billion transactions on its mainnet. As the largest Ethereum Layer 2 solution by Total Value Locked (TVL), Arbitrum has demonstrated rapid growth and continues to revolutionise the Decentralized Finance (DeFi) space.
Its lower gas fees and interoperability with Ethereum’s programming language, Solidity, have made it an attractive option for developers and investors alike. With $2.5 billion in TVL, Arbitrum leads among Layer 2 solutions, showing remarkable scalability and efficiency. The achievement highlights Arbitrum’s upward trajectory, solidifying its position in the Layer 2 space.
Will The XRP price drop Below $0.50?
The XRP price drop has been significant, plunging 20% over four days amid broader market corrections. After reaching a swing high of $0.6650, XRP quickly fell to $0.52, losing key support levels. The ongoing selling pressure puts the psychological $0.50 mark at risk as downward momentum continues to build.
Technical indicators, such as the MACD and EMA, show bearish signals, adding to concerns that XRP could fall further to $0.49. However, a potential reversal could test resistance levels around $0.54 and $0.58.
BlockDAG Remains The Emerging Crypto To Buy
BlockDAG is turning heads with the launch of its cutting-edge BlockDAG Explorer, now fully operational and offering users real-time insights into the network’s activity. The Explorer’s Dashboard provides a comprehensive view of BlockDAG’s key metrics, including block count, transaction volume, and the current token price, which is now at $0.0206. With over $92 million raised and 13.9 billion coins sold since the presale began.
The real-time monitoring features of the Explorer allow users to track network performance with ease, putting crucial data at their fingertips. For anyone looking to stay on top of market movements and make informed decisions, this tool is one for the books.
Blockchain developers, in particular, are taking notice of BlockDAG’s advanced analytics capabilities. The detailed metrics provided by the Explorer are drawing their attention, as the data reveals the true potential of the network. The ability to interact with live data is shifting momentum toward BlockDAG, positioning it as a key player for developers looking for robust and scalable blockchain solutions.
As more users and developers realize the value of the BlockDAG network, the project is predicted to see even greater success. With the Explorer making it easier than ever to dive into the network’s inner workings, BlockDAG is equipped to dominate the blockchain space.
At The End of The Day
Crypto is constantly moving, changing and evolving. Arbitrum’s milestone of reaching 1 billion transactions on its mainnet solidifies its position as a leader among Layer 2 solutions, showcasing its scalability and growing dominance in the DeFi space. Meanwhile, XRP struggles with a significant price drop, with further declines possible if key support levels aren’t maintained.
Amid these developments, BlockDAG is standing out as one of the most promising emerging cryptos to buy. With its BlockDAG Explorer now live, users can track the network’s performance in real time, adding transparency and accessibility. Surpassing $92 million in its presale and well on its way to $100 million, BlockDAG offers a unique opportunity for both traders and developers looking for a blockchain solution with real growth potential.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Source: https://coinedition.com/blockdags-presale-hits-92m-arbitrums-milestone-xrp-price-drops/