XRP News Today: XRP Hits $189B Market Cap as Pi Network and BlockDAG Gain Momentum

Generated by AI AgentCoin World
Tuesday, Aug 12, 2025 11:14 am ET1min read
Aime RobotAime Summary

- XRP's $189B market cap grows despite BlackRock's ETF rejection, driven by inflows and Ripple's stablecoin expansion.

- Pi Network holds above $0.40 as whale accumulation boosts 50-EMA support, with potential for July high retests.

- BlockDAG's $371M presale gains momentum via Dashboard V4, offering risk-free trading simulations and 2,660% early returns.

- Strategic pre-launch tools and whale-driven dynamics highlight crypto market's blend of innovation and investor confidence.

The cryptocurrency market is showing renewed strength across three key projects as

, Pi Network, and BlockDAG continue to attract investor attention. Despite BlackRock's confirmation that it will not pursue a spot XRP ETF, the XRP price forecast remains optimistic, supported by strong inflows into existing XRP-based ETFs and Ripple’s expanding role in stablecoin issuance [1]. The asset’s market capitalization has surpassed $189 billion, with analysts noting that ongoing applications from firms like and Franklin Templeton could further solidify its bullish trajectory [1].

Meanwhile, Pi Network is maintaining a price above $0.40, driven by significant whale accumulation. According to PiScan data, a single wallet purchased 984,914 PI in 24 hours, bringing its total holdings to 351.74 million. This surge in whale buying has pushed the price above the 50-EMA on the 4-hour chart, with momentum indicators like RSI at 58 and MACD remaining flat [1]. While the price has pulled back from a peak of $0.4661, the coin is showing signs of support near the $0.4271 level, with potential for a retest of its July high if it breaks through the 200-EMA [1].

The most notable development, however, comes from BlockDAG, which has launched its Dashboard V4 as part of its pre-launch strategy. The platform allows users to simulate trades, monitor prices in real time, and develop strategies without financial risk. This interactive environment is designed to prepare participants for live trading and has already driven significant presale traction. To date, BlockDAG has raised over $371 million, sold more than 25 billion coins across 29 batches, and is currently offering Batch 29 at $0.0276 [1]. Early investors from Batch 1 are seeing returns of up to 2,660%, and mining adoption is also strong, with over 19,179 units sold and $7.7 million in sales [1].

Dashboard V4 includes tools such as live order-book analysis, virtual position management, and exit point identification, helping users build confidence and familiarity before the first real trade. This approach marks a shift in how pre-launch engagement is structured, transforming passive observation into active preparation [1]. As the presale continues, BlockDAG is positioning itself as one of the most anticipated projects for 2025.

From regulatory developments influencing XRP to whale-led momentum in Pi Network and the strategic rollout of BlockDAG’s Dashboard V4, the market is demonstrating a blend of stability and innovation. These projects are not only shaping investor sentiment but also showcasing how preparation and infrastructure can create opportunities for significant market moments in the year ahead [1].

Source: [1] XRP Forecast Positive, Pi Network Gains, BlockDAG’s Dashboard V4 Gains Traction (https://coinmarketcap.com/community/articles/689b5801668f434552362dd3/)