Ethereum News Today: Litecoin Surges 23% on Strong Week, BlockDAG Unveils X10 Miner Demo, Ethereum Eyes $3,800

As July draws to a close, the cryptocurrency market is witnessing pivotal developments across key assets and infrastructure projects. Litecoin (LTC) has surged 23% weekly, trading at $119.00, with technical analysts highlighting the $120–$125 range as a critical resistance zone that could determine broader market sentiment [1]. Ethereum (ETH) hovers near $3,698.65, with forecasts suggesting a potential retest of $3,800 before a sustained upward move [2]. Meanwhile, BlockDAG (BDAG) has introduced 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, emphasized the X10’s role as a plug-and-play mining amplifier, streamlining access for both novice and experienced users [4].

Litecoin’s recent momentum is underpinned by a 2.81% 24-hour gain and a 1.29% rise in trading volume to $1.27 billion. Analysts note that a sustained break above $125 could signal a bullish trend, with year-end price forecasts ranging from $124.42 to $261.62. While short-term volatility persists, the asset’s performance aligns with improving market confidence [5].

Ethereum’s trajectory remains mixed despite a 20.2% weekly gain. Daily trading volume has dipped 0.75% to $44.68 billion, reflecting caution near $3,800. Analysts caution that a pullback to the $3,400–$3,500 range is possible before renewed attempts to scale higher. Long-term optimism persists, with DigitalCoinPrice forecasting a 2025 price of $8,067.96 and Changelly estimating an average of $4,440.76 by year-end [6].

BlockDAG’s miner demo underscores its operational maturity. The X10 hardware, paired with the X1 app, enables 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, reflecting demand for user-friendly solutions [7]. The project has raised $351 million in its presale, distributing 24.3 billion BDAG tokens at $0.0016. With a confirmed listing price of $0.05, early buyers could see a potential 3,025% return if the token reaches the projected target [8].

The interplay of LTC’s breakout potential, ETH’s short-term uncertainty, and BlockDAG’s infrastructure progress highlights the market’s evolving dynamics. While Litecoin and Ethereum face critical price thresholds, BlockDAG’s live miner integration demonstrates tangible advancements in mining accessibility. Investors are advised to monitor these developments as the month concludes.

Sources:

[1] [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/]

[2] [title2: Ethereum News Today: BlockDAG Launches X10 Miner Demo, LTC Surges 23%, ETH Eyes $3,800] [url2: https://www.ainvest.com/news/ethereum-news-today-blockdag-launches-x10-miner-demo-ltc-surges-23-eth-eyes-3-800-2507/]

[3] [title3: BlockDAG Unveils X10 Miner Demo Amid Litecoin Surge] [url3: https://www.ainvest.com/news/blockdag-x10-miner-demo-ltc-surge-eth-forecast-2507/]