XRP News Today: BlockDAG Presale Surpasses $356M as XRP Stagnates and AVAX TVL Rises 40%

BlockDAG’s presale has surged past $356 million, driven by the extended NO VESTING PASS offer and a locked-in entry price of $0.0016, despite the current presale batch reaching $0.0276. This has positioned BlockDAG as a standout performer in the crypto market, drawing attention amid stagnation in XRP and mixed signals from the Avalanche ecosystem. The NO VESTING PASS allows buyers full access to their coins at launch, a rare feature in the presale space that has spurred demand and reinforced investor confidence [1]. The project’s presale has already generated over 24.5 billion coin sales, with early price gains reaching 2,660% since the first batch [1].

XRP remains in a tight trading range above $3.00, with the current XRP price prediction indicating a lack of breakout momentum. Despite holding above the $3.00 to $3.14 support zone, the altcoin has struggled to break through key resistance levels, particularly the $3.30 mark [1]. Technical indicators such as MACD, RSI, and ADX suggest weak price action, and the failure to move above the 30 EMA underscores the lack of upward pressure. If the support level breaks, XRP could face downward pressure toward $2.80 [1].

Meanwhile, the Avalanche ecosystem has seen a 40% increase in total value locked (TVL), primarily driven by DeFi inflows following the Octane upgrade. Trading activity and derivatives volume have also risen, indicating a resurgence of interest among traders [1]. However, on-chain metrics tell a different story. Active and new wallet numbers have declined, highlighting a disconnect between TVL growth and actual user engagement. Without stronger on-chain activity, the ecosystem may struggle to push past the $26 to $28 price range [1].

BlockDAG’s rapid presale growth and unique features, including a fixed entry price and full unlock at launch, have set it apart from other projects. The team’s responsiveness to community feedback—extending the NO VESTING PASS based on investor demand—has further boosted credibility and participation [1]. Analysts suggest that the project’s fundamentals and growing utility could support a price target as high as $5, although this remains speculative [1].

As launch day on August 11 approaches, BlockDAG appears well-positioned for a strong market entry. The combination of locked pricing and full liquidity at launch provides a compelling setup for early adopters. With presale demand continuing to rise, the project is emerging as a top choice for investors seeking exposure to a high-momentum token ahead of a major market shift [1].

Source: [1]BlockDAG Extends $0.0016 Entry & NO VESTING PASS, Drives $356M Presale Surge as XRP Stagnates & AVAX DeFi TVL Rises 40% (https://coinmarketcap.com/community/articles/688c5fcbe208db3ef99a4521/)