XRP News Today: BlockDAG Presale Hits $365M as Shiba Inu Rises 12% and XRP Gains Regulatory Clarity

Generated by AI AgentCoin World
Thursday, Aug 7, 2025 8:18 pm ET1min read
Aime RobotAime Summary

- BlockDAG emerges as top crypto with $365M presale, hybrid DAG-Proof-of-Work architecture, and EVM compatibility driving scalability and institutional interest.

- Shiba Inu (SHIB) transitions from meme coin to $10B ecosystem via Shibarium Layer 2 and ShibaSwap, showing 12% 7-day gains and 1.5M active wallets.

- Cardano (ADA) attracts long-term investors with $16.5B market cap, academic research-driven upgrades like Chang hard fork, and expanding African partnerships.

- XRP gains regulatory clarity post-SEC lawsuit, trading at $0.61 with $33B market cap, while strengthening cross-border payment partnerships and DeFi/NFT adoption.

BlockDAG,

, , and have emerged as top cryptocurrencies to consider in the current market environment. These projects are gaining attention due to a combination of technical innovation, community engagement, real-world utility, and regulatory progress [1].

BlockDAG is attracting significant interest due to its hybrid blockchain architecture that combines Proof-of-Work with a Directed Acyclic Graph (DAG) for enhanced scalability and speed. The project has raised $365 million through its presale, selling 24.7 billion BDAG tokens at $0.0016. It features EVM compatibility, a no-code smart contract builder, and a multi-layer reward system for early adopters. Additionally, the project has scheduled listings on major exchanges such as MEXC and BitMart upon completion of the presale. An ongoing airdrop campaign is distributing 100 million tokens via testnet participation, social engagement, and referrals. The project's hardware rollout and CertiK and Halborn audits further add credibility to its growth narrative [1].

Shiba Inu (SHIB) has transitioned from a meme coin to a serious ecosystem project with a market cap exceeding $10 billion. Recent developments such as the launch of Shibarium, a Layer 2 network, and the expansion of its decentralized exchange (ShibaSwap) have increased its utility.

has seen a 12% rise over the past seven days, driven by whale activity and an ongoing token burn program. With over 1.5 million active wallets, SHIB is demonstrating increased adoption and growing interest in DeFi integrations [1].

Cardano (ADA), with a market cap of nearly $16.5 billion, continues to attract long-term investors due to its academic foundation and structured development approach. The recent Chang hard fork has enabled decentralized governance and expanded dApp capabilities, while partnerships in regions like Africa are driving real-world adoption. The increase in smart contract deployments and active addresses suggests ongoing network growth. Analysts view the current price level as an attractive entry point ahead of potential future upgrades [1].

XRP is gaining renewed interest following the resolution of its long-standing legal battle with the SEC, which has provided regulatory clarity and opened the door to institutional investment. Trading at $0.61, XRP has shown strong performance post-legal resolution, with a market cap above $33 billion. The token’s role in cross-border payments is being reinforced through new partnerships with global financial institutions. Additionally, the XRP Ledger is seeing increased activity in NFTs and DeFi protocols, which bodes well for its future utility [1].

Collectively, these projects represent diverse approaches to value creation in the cryptocurrency market. BlockDAG’s infrastructure-driven model, Shiba Inu’s meme-based community growth, Cardano’s academic rigor, and XRP’s regulatory resolution each contribute to their appeal among investors seeking exposure to high-potential assets [1].

Source: [1]Top Crypto to Buy: BlockDAG, Shiba Inu, Cardano & XRP Stand Out (https://coinmarketcap.com/community/articles/6895404c4e2eff6d789f4dca/)