Ethereum News Today: BlockDAG Launches X10 Miner Demo as LTC Surges 23% & ETH Eyes $3,800

As July nears its close, the cryptocurrency market is navigating key turning points. Litecoin (LTC) has surged 23% weekly, reaching $119.00, with analysts identifying a potential test of the $120–$125 resistance zone [1]. Ethereum (ETH) remains stagnant near $3,698.65, with projections suggesting a $3,800 retest could precede a broader upward move [2]. Meanwhile, BlockDAG (BDAG) has launched a live demo of its X1 mobile app and X10 hardware miner, showcasing a system capable of generating 200 BDAG per day through seamless integration [3]. The demonstration, led by CEO Anthony Turner, highlighted the X10’s role as a plug-and-play mining amplifier, simplifying access for both novice and experienced users [4].

Litecoin’s recent momentum has been fueled by a 2.81% 24-hour gain and a 1.29% rise in trading volume to $1.27 billion. Technical analysts note that a sustained break above $125 could signal a broader bullish trend, with year-end price forecasts ranging from $124.42 to $261.62. Short-term volatility remains a factor, but the asset’s strong performance aligns with growing market sentiment [5].

Ethereum faces mixed signals. While it has recorded a 20.2% weekly gain, daily trading volume has dipped 0.75% to $44.68 billion, reflecting hesitation near $3,800. Analysts warn of a potential pullback to the $3,400–$3,500 range before renewed attempts to scale higher. Long-term projections, however, remain optimistic, with DigitalCoinPrice forecasting a 2025 price of $8,067.96 and Changelly estimating an average of $4,440.76 by the end of 2025 [6].

BlockDAG’s miner demo underscored the project’s operational maturity. The X10 hardware, paired with the X1 app, allows users to mine BDAG via Bluetooth, Wi-Fi, or Ethernet, achieving a daily output of 200 tokens. Over 18,500 X10 units have been sold to date, reflecting strong demand for user-friendly solutions [7]. The project has also raised $351 million in its presale, distributing 24.3 billion BDAG tokens. The fixed presale price of $0.0016 remains in effect until August 11, with a confirmed listing price of $0.05, offering early buyers a potential 3,025% return if the token reaches the projected target [8].

The confluence of LTC’s breakout potential, ETH’s mixed short-term outlook, and BlockDAG’s operational progress highlights the market’s evolving dynamics. While Litecoin and Ethereum face critical resistance levels, BlockDAG’s live miner integration demonstrates tangible progress in the mining infrastructure space. Investors are advised to monitor key price thresholds and project developments as the month concludes.

Source: [1][2][3][4][5][6][7][8] [title1: BlockDAG’s X1 + X10 Miner Demo Goes Live as LTC Price Performance Climbs 23% & ETH Targets $8K] [url1: https://coinmarketcap.com/community/articles/688430aadeeb8d01f822e4e3/]