XRP News Today: XRP Up 18% as BlockDAG's $373M Presale Drives Long-Term Crypto Spotlight

Generated by AI AgentCoin World
Wednesday, Aug 13, 2025 6:18 pm ET1min read
Aime RobotAime Summary

- XRP surged 18% after breaking a descending triangle, nearing $3.65 resistance amid bullish technical indicators and regulatory hopes.

- Hedera (HBAR) shows recovery with a double bottom pattern and rising volume, targeting $0.30 but remains tied to broader market sentiment.

- BlockDAG’s $373M presale highlights long-term potential, leveraging hybrid blockchain-DAG architecture for 2,000–15,000 TPS and 20 confirmed exchange listings.

- While XRP and HBAR offer short-term momentum, BlockDAG’s scalable infrastructure and liquidity access position it as a stronger long-term value creator.

XRP and Hedera have shown recent strength, but BlockDAG’s $373 million presale is capturing the long-term spotlight in the crypto market.

surged nearly 18% recently, breaking out of a descending triangle and pushing toward a key resistance level near $3.65 [1]. Traders remain optimistic about further gains, particularly if the asset reclaims its previous all-time high or benefits from regulatory developments. Analysts have forecast potential targets as high as $15, based on technical indicators and on-chain activity [1]. However, XRP’s trajectory remains sensitive to ongoing legal uncertainties and regulatory outcomes.

Hedera (HBAR) is also showing constructive momentum, with price reclaiming the Gaussian channel and flipping a key Fibonacci resistance into support [1]. A completed double bottom pattern and rising volume suggest the correction may be over, potentially leading to a new uptrend toward $0.30 or higher. Bullish indicators on daily charts, including a climbing RSI and alignment with historical breakout setups, support this view. Nevertheless, HBAR’s progress is still dependent on broader market sentiment and may remain volatile.

In contrast, BlockDAG stands out for its long-term potential. Its presale has raised $373 million in Batch 29, with each token priced at $0.0276 [1]. This substantial funding reflects investor confidence and provides the financial runway for development and ecosystem growth. The project's hybrid blockchain-DAG architecture is designed to handle between 2,000 and 15,000 transactions per second, making it scalable for real-world applications in DeFi, gaming, and enterprise. Furthermore, BlockDAG has secured 20 confirmed exchange listings, including MEXC, LBank, and BitMart, ensuring strong liquidity at launch [1]. Engagement tools like Dashboard V4 and Buyer Battles also foster an active community, supporting long-term adoption.

While XRP and Hedera offer compelling short-term setups based on technical momentum, BlockDAG presents a more robust foundation for long-term value creation. Its infrastructure, scalability, and immediate exchange access provide a clearer path toward sustained growth. Investors seeking to position themselves for the next phase of blockchain adoption may find BlockDAG to be the strongest case among the three [1].

Source:

[1] XRP and Hedera Show Strength, but BlockDAG’s $373M Presale Secures the Long-Term Crypto Spotlight (https://coinmarketcap.com/community/articles/689cbc3c6a47766fdd9ad567/)