Ethereum News Today: Litecoin Approaches Key Level, Ethereum Gains 30%, BlockDAG Reveals BTC Winners

Litecoin is currently positioned near a critical technical level, with open interest in LTC futures reaching an all-time high of $1.26 billion [1]. On-chain data highlights growing adoption, with over 250 million transactions confirmed and active addresses rising by 12% in the last 30 days [2]. Analysts suggest that a breakout above the $137–$138 range could push the Litecoin LTC price prediction toward $175–$180 by the end of August. Further upward movement into the $220–$240 range is also possible should buying momentum remain strong [3].

Ethereum continues to gain traction, with the Ethereum ETH price today climbing nearly 30% over the past week and nearing $4,800 [4]. Institutional demand has been a major driver, as spot ETH ETFs attracted over $1.5 billion in inflows within two days [5]. On-chain metrics reinforce the bullish sentiment, with total value locked in Ethereum’s network surpassing $90 billion—a level not seen since 2022 [6]. Network upgrades such as Pectra have also improved Ethereum’s performance, enhancing its appeal for broader use cases, including DeFi and NFTs [7].

BlockDAG has made headlines by publicly announcing the winners of its 10 BTC Auction, distributing over $1.206 million in Bitcoin at current valuations. Each winning wallet address was made public, reinforcing the project’s commitment to transparency and accountability [8]. The project’s presale has also seen significant traction, raising $374 million and delivering a 2,660% return on investment since its first batch. With 24.7 billion coins sold and currently in Batch 29 at $0.0276, BlockDAG continues to attract attention for its consistent and verifiable progress [9].

The combination of transparent prize distribution and clear presale milestones positions BlockDAG as a standout project in the competitive crypto market. By publicly verifying key events and maintaining an open record of performance, the project demonstrates how trust and engagement can be fostered in high-value community initiatives [10].

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[1]Litecoin Targets Breakout, Ethereum Sees $1.5B Inflows, and BlockDAG Reveals 10 BTC Prize Winners!...(https://coinmarketcap.com/community/articles/689f9b7ccdf36005baebf585/)