XRP News Today: Pi Hackathon Boosts Ecosystem XRP Bounces Back BlockDAG Targets $5 by 2030

Generated by AI AgentCoin World
Monday, Aug 25, 2025 8:47 pm ET1min read
XRP
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Aime RobotAime Summary

- Pi Network launched its first hackathon (Aug 21) with 160,000 PI rewards to boost blockchain innovation, despite centralization concerns and monthly token unlocks hindering price recovery near $0.36 (vs $2.98 peak).

- XRP rebounded to $3.00 resistance after $2.86 support bounce, fueled by 900M XRP whale accumulation and a "9-count signal" technical indicator, with regulatory clarity (SEC settlement, Clarity Act) enhancing bullish momentum toward potential $3.15-$4.00 targets.

- BlockDAG raised $383M in presale (25.3B BDAG tokens at $0.0276), targeting $0.05 listing price and $5 by 2030, leveraging hybrid DAG-PoW consensus to bridge DePIN/AI markets, with $600M hard cap funding real-world integrations and infrastructure.

This week’s cryptocurrency activity has centered on

Pi
Network’s ecosystem developments, XRP’s price resurgence, and BlockDAG’s strategic positioning in DePIN and AI. Pi Network initiated its first hackathon on August 21, offering 160,000 PI in rewards to developers. The event aims to drive innovation and accelerate the project’s blockchain transition. PI’s price has risen to near $0.36, but it still lags behind its all-time high of $2.98. A monthly token unlock of 276 million coins—equivalent to 3.5% of the total supply—poses a potential headwind. Centralization concerns and KYC transparency issues remain unresolved, casting a shadow over its long-term viability [1].

XRP has demonstrated a bullish recovery, with prices retesting the $3.00 resistance level after bouncing from $2.86 support. Whale activity has surged, with nearly 900 million

XRP
acquired in just two days, signaling strong market interest. A “9-count signal,” a technical indicator suggesting the end of a downtrend, has emerged, with analysts forecasting a potential breakout to $3.10–$3.15 if XRP can clear this threshold. Regulatory developments, including the SEC’s recent settlement and positive reception to the Clarity Act, have further reinforced the asset’s momentum. While short-term resistance remains at $3.00, continued accumulation and regulatory clarity could propel XRP toward $4.00 in the coming months [1].

BlockDAG has emerged as a standout project, aiming to bridge DePIN and artificial intelligence with a hybrid DAG and Proof-of-Work consensus model. The project has raised $383 million in its presale, selling 25.3 billion tokens across 29 batches at $0.0276 per BDAG. The presale structure is designed to reward early buyers, with each batch increasing in price. Analysts project a listing price of $0.05, with long-term forecasts reaching $1 by 2027 and $5 by 2030. The $600 million hard cap ensures funding for liquidity, exchange listings, and real-world integrations, reinforcing the project’s infrastructure-focused strategy. BlockDAG’s alignment with DePIN and AI gives it exposure to multi-trillion-dollar industries, making it a compelling long-term investment option [1].

Unlike traditional blockchain projects, BlockDAG emphasizes real-world integration and sustainable use cases. This approach positions it to capitalize on the next phase of technological innovation, where decentralized infrastructure and AI-driven applications converge. The project’s structured presale and strategic focus set it apart in a market often dominated by speculative activity [1].

Source: [1] Pi Hackathon, XRP Bullish Recovery, BlockDAG Eyes $5 Future (https://www.livebitcoinnews.com/pi-hackathon-xrp-bullish-recovery-blockdag-eyes-5-future/)