XRP News Today: BlockDAG's Hybrid Tech Challenges Ethereum's Dominance as XRP Gains Institutional Ground

Monero and XRP have experienced contrasting developments in the cryptocurrency market, while BlockDAG has gained attention for its innovative approach and aggressive fundraising. XRP, Ripple’s native token, recently surged nearly 9% amid speculation of a September Federal Reserve rate cut and increased on-chain activity, signaling growing institutional interest. Meanwhile, Monero faces scrutiny following a 51% hashrate control by the Qubic mining pool, prompting calls for changes to its consensus mechanism. BlockDAG, on the other hand, has raised over $380 million in its presale, offering a hybrid DAG and Proof-of-Work architecture that promises faster transactions and lower fees compared to Ethereum.

XRP’s recent price action was driven by a 8.56% gain in a single session, testing resistance at $3.10 amid positive sentiment from Fed Chair Jerome Powell’s dovish comments at Jackson Hole. On-chain settlement volumes on the XRP Ledger surged 500%, reinforcing optimism about institutional adoption. However, ongoing whale distribution and volatility suggest the token may consolidate before another potential breakout. Technical indicators highlight a key support level at $3.00, with traders closely watching whether XRP can maintain this threshold to avoid deeper retracements.

At the same time, Ripple’s XRP has entered the global top 100 assets by market capitalization, surpassing companies like Adobe and Pfizer. The token’s valuation reached nearly $180 billion, fueled by its legal settlement with the SEC and expansion into institutional finance, including the acquisition of Hidden Road and the introduction of the stablecoin RLUSD. Analysts speculate that the approval of spot XRP ETFs could further enhance its adoption, particularly in the U.S., where several ETF issuers have updated their applications to comply with SEC guidelines.

Monero, in contrast, has faced a potential security challenge as the Qubic mining pool reportedly gained 51% control over the network, leading to a brief chain reorganization and prompting discussions about overhauling its consensus mechanism. Community members have proposed solutions such as integrating ChainLocks technology from Dash, merging mining with Bitcoin, or implementing localized hardware to prevent future attacks. Kraken temporarily suspended Monero deposits in response, requiring 720 confirmations before crediting user accounts, reflecting growing concerns over the privacy coin’s network security.

Meanwhile, BlockDAG is emerging as a significant contender in the crypto market, with its presale raising over $380 million and attracting 2.5 million users to its X1 mining app. The project’s hybrid DAG + Proof-of-Work architecture aims to combine Bitcoin’s security with Ethereum’s compatibility while offering faster transaction speeds and lower fees. With 19,000 ASIC miners sold and a public testnet launched, the project is demonstrating tangible adoption metrics that suggest strong market confidence. Analysts project that BlockDAG could list at $1, offering early investors potential returns of over 35x its current presale price of $0.0276.

The crypto landscape is evolving rapidly, with XRP gaining traction among institutional investors, Monero facing potential network vulnerabilities, and BlockDAG presenting a compelling alternative for users seeking scalability and efficiency. While XRP’s price movements remain tied to macroeconomic trends and regulatory developments, BlockDAG’s technological advancements and presale success position it as a unique investment opportunity for early adopters. As the market continues to mature, these divergent trajectories highlight the dynamic nature of the cryptocurrency ecosystem.

Source:

[1] XRP Surges 9% Before Pullback Caps Rally Near $3 (https://www.coindesk.com/markets/2025/08/23/xrp-surges-9-before-pullback-caps-rally-near-usd3)

[2] Ripple's XRP Is Now a Top 100 Global Asset (https://cryptopotato.com/ripples-xrp-is-now-a-top-100-global-asset-heres-what-it-means/)

[3] 'Cluster' of amended XRP ETF filings roll in as Ripple seals ... (https://www.dlnews.com/articles/markets/cluster-amended-xrp-etf-filings-roll-in-ripple-sec-dismissal/)

[4] 51% attack on Monero prompts proposal to overhaul ... (https://cointelegraph.com/news/51-attack-monero-prompts-proposal-overhaul-consensus)

[5] Monero Price, XMR Price, Live Charts, and Marketcap (https://www.coinbase.com/price/monero)

[6] Top Crypto To Buy In 2025: Why BlockDAG Could Deliver ... (https://blockchainreporter.net/blockdag-presale-nears-380m-the-0-0276-coin-everyones-calling-the-top-crypto-to-buy/)

[7] The Ethereum-Compatible Upgrade to Watch in 2025 (https://crypto-economy.com/379m-raised-and-25-2b-coins-sold-why-blockdag-is-becoming-ethereums-practical-successor/)