XRP News Today: BlockDAG Surges 1700% as Special Price Expires Amid ETH and XRP Stagnation

BlockDAG is making waves in the cryptocurrency market as its $0.0016 special price is set to expire in 24 hours, triggering a 17x price jump to $0.0276 after August 11. This surge has drawn attention away from traditional market leaders like Ethereum (ETH) and XRP, which remain in consolidation phases. While Ethereum struggles to break the $4,000 level and XRP trades within a range after a 65% rally in July, BlockDAG is capturing investor interest with its aggressive growth potential and early-stage value proposition [1].

The project is already generating strong early traction, having raised $368 million and secured listings on five major exchanges, including MEXC, LBank, CoinStore, XT.com, and BitMart. A newly launched Dashboard V4 allows real-time tracking of presale performance and user engagement, adding a layer of transparency and interactivity that appeals to investors [1]. Additionally, BlockDAG's X1 mining app has attracted over 2.5 million users, further strengthening its user base and community-driven momentum [1].

As part of the final push before the price increase, BlockDAG is running a 10 BTC giveaway auction. All contributions made before August 11 automatically enter users into the lottery, with reward multipliers based on the size of their purchase. This incentive structure is designed to drive participation and secure early support during the critical presale window [1].

Meanwhile, XRP has shown notable short-term strength, reaching a 12-month high of $3.84 in July and benefiting from increased institutional adoption. The launch of the ProShares XRP futures ETF also brought over $300 million in new capital to XRP-related assets. However, its price action remains closely tied to the outcome of ongoing SEC litigation, which has a deadline of August 15. Analysts suggest that a favorable legal resolution or the approval of a spot ETF could push XRP toward $6.00–$7.00 in the near term, but regulatory uncertainty continues to pose a key challenge [1].

Ethereum, on the other hand, is trading between $3,500 and $3,700 after a 5% decline in the previous week. Its inability to break the $4,000 level highlights the market's hesitation, with buy orders declining and sell pressure outpacing accumulation. Despite this, long-term technical indicators remain positive. Analysts have noted the formation of a large monthly triangle pattern, suggesting potential for a breakout to $8,000–$10,000 if Ethereum can gather enough momentum [1].

In contrast, BlockDAG is leveraging this market lull to establish itself as a top trending crypto asset. With a projected 3,000% return from its current presale price to its long-term potential, the project is positioning itself as a high-conviction play for investors looking to capture early-stage growth. Strategic partnerships, including those with the Seattle Orcas and Seattle Seawolves, are expanding its footprint into Web3 fan engagement, further validating its broader utility [1].

As the countdown to the price jump begins, market participants are weighing the risks and opportunities associated with Ethereum and XRP against the high-growth potential of BlockDAG. While the former face regulatory and technical headwinds, the latter is building a narrative of rapid adoption, tangible product development, and scalable infrastructure.

Source: [1] BlockDAG’s $0.0016 Special Price Ends In 24 Hours: XRP and ETH Struggle as BlockDAG Sees 17x Surge (https://coinmarketcap.com/community/articles/689959907650400d288f0107/)