XRP News Today: XRP Plummets 20% Amid Liquidations, Legal Uncertainty Tron Surges 10% on USDT Minting, Trading Volume Spikes BlockDAG's X1 App Attracts 2 Million Users, Presale Raises $303 Million

XRP, a prominent cryptocurrency, has experienced a significant price crash, with its value dropping sharply following liquidation events and failed support zones. The price dipped below $2.10 after $4.4 million in long positions were liquidated, raising concerns among analysts who warn of a potential further decline to $1.89 if the current support level does not hold. Technical indicators remain neutral to bearish, with resistance building near $2.25. Traders are closely monitoring the $2.18–$2.25 range for signs of recovery, but the lack of a clear legal resolution in the ongoing SEC case continues to hinder upward momentum. Despite the short-term volatility, there is still activity around XRP, particularly with speculation around ETF approval and high odds on Polymarket suggesting a potential breakthrough. However, until there is a legal resolution, the XRP price crash could continue to limit its upside potential.

Meanwhile, Tron has seen a surge in momentum, driven by the minting of $1 billion USDT on its network, which sparked a sharp increase in trading activity. Active addresses jumped from 2.8 million to 4.6 million in just 24 hours, and trading volume surged to $507 million. The price is currently holding near $0.269, with a solid support base around $0.272. Technical indicators such as MACD and Bollinger Bands show bullish signals, and if TRX breaks above the $0.29–$0.30 range, a rally toward $0.35 or even $0.43 could be in play. A newly passed community vote that slashes block rewards and voter incentives in half has further tightened token flow and reduced supply inflation, setting the stage for a sustained price move. According to short-term models, TRX could hit $0.352 by mid-June if current levels hold, suggesting that buyers are stepping in with confidence as stablecoin liquidity continues to flow into the ecosystem.

In contrast to the volatility seen in XRP and Tron, BlockDAG's X1 App is gaining traction with its user-friendly mining approach. The app allows users to mine cryptocurrency without the need for technical knowledge or expensive mining rigs. Users simply download the app, tap daily, and start earning BDAG. This simplicity has attracted over 2 million users, who are drawn to the app's "mine with me" content and BDAG wallet screenshots. The app's viral popularity is further fueled by TikTok creators sharing their daily BDAG growth and streak bonuses, making it an attractive option for those looking to earn cryptocurrency without the complexities of traditional mining. Over 22.4 billion BDAG have already been sold, and the presale has raised more than $303 million. The current batch is priced at $0.0276, and once it hits the listing price of $0.05, early users could see a 2660% return from the first batch. The project has frozen the BDAG price at $0.0018 until June 20th, with a launch confirmed on 20 centralized exchanges. This makes BlockDAG one of the best long-term crypto plays, offering a low-barrier entry to steady, app-based accumulation.