XRP News Today: BlockDAG X1/X10 Demo Sparks XRP to $30 AVAX to $100 Amid $350M Presale Momentum

BlockDAG’s upcoming X1 and X10 demo has generated significant attention, with analysts projecting XRP toward $30 and AVAX nearing $100 amid growing momentum in the cryptocurrency market. The event, scheduled for August 11, showcases a mobile mining app and hardware combo that could amplify daily earnings by up to 10 times, drawing comparisons to traditional mining operations. The project has already secured $350 million in presales, with a locked-in price of $0.0016 and a projected 3,025% return on investment if the token reaches its listing price of $0.05 [1].

XRP has maintained bullish momentum above $3.44, forming a key support zone between $3.30 and $3.40 after a breakout. Analysts note this pattern, which has developed since 2017, could push the asset toward $20–$30 by 2025, though a drop below $2.75 may signal a breakdown [1]. The optimism is fueled by discussions of a potential XRP ETF and renewed institutional interest, despite mixed short-term volatility.

Avalanche (AVAX) is also showing strength, testing $29 after a year of quiet gains. DeFi activity on the network has surged, with total value locked tripling, while over 4.7 million AVAX tokens have been burned, tightening its circulating supply. Technical analysis highlights a series of higher lows since late 2023, suggesting a clean close above $29 could catalyze a move toward $100 [1].

BlockDAG’s live demo will demonstrate how the X1 app and X10 hardware work together to simplify mining. The X10 device, a compact miner compatible with Bluetooth, Wi-Fi, or Ethernet, enables users to boost earnings without bulky equipment. With 18,500 units already sold, demand for accessible mining solutions is evident. The project’s “NO VESTING PASS” offer allows immediate access to purchased tokens at launch, a strategy analysts say underscores its appeal as a 2025 contender [1].

While XRP and AVAX remain focal points, BlockDAG’s rapid fundraising and technological innovations are shifting attention to its ecosystem. The presale’s locked price and the demo’s practical showcase highlight a market eager for scalable, user-friendly solutions. However, investors are cautioned to monitor XRP’s $2.75 support level and AVAX’s $29 resistance for potential reversals.

Source: [1] [XRP Targets $30, AVAX Eyes $100, as BlockDAG’s X1 and X10 Demo Sparks $350M Momentum] [https://coinmarketcap.com/community/articles/68816a9830ae1d22334749f5/].