XRP News Today: Ethereum and XRP Stabilize Amid Market Consolidation, BlockDAG Surges 17x Pre-August Launch

Generated by AI AgentCoin World
Sunday, Aug 10, 2025 1:22 pm ET1min read
ETH
--
XRP
--
Aime RobotAime Summary

- Ethereum (ETH) and XRP remain stable near key price levels amid market consolidation, with ETH trading between $3,500-$3,700 and XRP hovering around $3.00-$3.10.

- BlockDAG (BDAG) surges 17x to $0.0276 pre-August 11, raising $368M in presale and securing listings on MEXC, LBank, and other major exchanges.

- BDAG leverages sports partnerships (Seattle Orcas/Seawolves) and tools like X1 mining app (2.5M users) to drive real-world adoption beyond crypto communities.

Ethereum (ETH) and

XRP
continue to maintain stability near key psychological thresholds amid broader market consolidation. ETH remains range-bound between $3,500 and $3,700, with futures data signaling subdued buying interest. The taker buy/sell ratio has dropped to 0.87, the lowest of the year, indicating that selling pressure dominates in derivatives markets. Despite a lack of immediate upward momentum, some analysts suggest a potential for a long-term breakout toward $8,000 to $10,000 if a strong catalyst emerges [1].

XRP, meanwhile, has surged over 65% in July, reaching a 12-month high of $3.84, and has since settled around $3.00 to $3.10. Institutional flows and large holder activity have supported its trajectory, with $2.1 billion in sell orders withdrawn during recent price action. The July launch of the ProShares XRP Futures ETF has also increased the likelihood of spot ETF approval to over 80% [2]. Analysts highlight key resistance levels at $3.84, $4.46, and $5.53, with the potential for a test of historical highs if the SEC’s August 15 legal deadline brings clarity [3].

While ETH and XRP stabilize, BlockDAG (BDAG) is generating significant market buzz. Priced at $0.0016, the token is currently in its Global Launch phase and will increase to $0.0276 on August 11—a 17x jump in under 24 hours. The presale has already raised over $368 million, matching some of the largest fundraising efforts in crypto history. BlockDAG is also rolling out core tools, including its Dashboard V4 and the X1 mining app, which has attracted over 2.5 million users globally [4]. The project has secured five confirmed exchange listings—MEXC, LBank, CoinStore, XT.com, and BitMart—and is promoting a 10 BTC giveaway auction to drive final-stage participation [5].

Unlike many speculative assets, BlockDAG is leveraging tangible partnerships, including its role as the official blockchain partner for the Seattle Orcas and Seattle Seawolves. These collaborations are not merely promotional; they integrate Web3 elements into professional sports through NFTs and tokenized fan experiences. Such initiatives aim to onboard new audiences beyond traditional crypto communities [6].

As the market watches ETH and XRP closely for regulatory and institutional signals, BlockDAG’s time-sensitive pricing model is pushing it into the top trending crypto spotlight. With its $0.0016 price window closing rapidly, the project exemplifies a unique blend of presale momentum, real-world utility, and market-driven demand.

Source:

[1] [ETH Price Trend and Futures Activity](https://coinmarketcap.com/community/articles/6898d1834aa6a72cbd7c7538/)