XRP News Today: Litecoin jumps 10.13% as XRP eyes $16.17 and BlockDAG raises $353M with U.S. partnership

Litecoin surged 10.13% in a single day, reaching $90.13, driven by a 28% spike in trading volume and a market cap exceeding $6.7 billion [1]. The price held steady post-surge, sparking speculation about a potential long-term uptrend. Traders are monitoring whether Litecoin can maintain levels above key resistance, which could signal a structural shift in momentum. Meanwhile, XRP has breached critical technical resistance, prompting analyst Lark Davis to predict a short-term target of $4.10–$4.68, with the possibility of reaching $7 or even $16.17 by late 2025 if bullish momentum persists [1]. This optimism is supported by the MVRV golden cross, a historical indicator of major gains, and the confirmation of $3 as potential support.

BlockDAG (BDAG) has emerged as a focal point for long-term investment, having raised $353 million and sold 24.3 billion coins since its presale began. The project, now listed on 20 exchanges, is priced at $0.0276 in Batch 29 but remains available at $0.0016 during its GLOBAL LAUNCH phase until August 11 [1]. This discount, compared to its $0.05 projected launch price, implies a theoretical 3,025% return for early participants, though such figures are speculative. Early adopters in Batch 1 have already seen 2,660% gains, underscoring the project’s rapid adoption.

The project’s U.S. partnership, though undisclosed, is positioned as a strategic move into enterprise applications. Unlike consumer-focused blockchain initiatives, BlockDAG is exploring use cases in fintech, secure identity systems, and private mining networks. Its hybrid DAG-Proof-of-Work model balances speed and decentralization, while the X1 miner demo highlights usability. A planned 2025 mainnet launch and 20 exchange listings further emphasize scalability and institutional readiness. Analysts note that the partnership could catalyze real-world adoption, distinguishing BlockDAG from speculative assets [1].

While Litecoin and XRP’s gains rely on technical momentum and market sentiment, BlockDAG’s progress is rooted in tangible developments: capital raised, partnerships secured, and infrastructure built. The project’s focus on enterprise integration and scalable architecture positions it as a potential benchmark for blockchain’s evolution beyond trading hype. Investors prioritizing long-term value may find BlockDAG’s combination of technical innovation and institutional traction more compelling than short-term price swings in altcoins.

Source: [1] [XRP Eyes $16 Surge, Litecoin Jumps 10%, BlockDAG Raises $353M & Lands Major U.S. Partnership] [https://cryptonewsland.com/xrp-eyes-16-surge-litecoin-jumps-10-blockdag-raises-353m-lands-major-u-s-partnership/]