XRP News Today: XRP Jumps 7% as Ripple SEC Case Fuels Bullish Momentum

XRP’s price surged approximately 7% to $3.01 in a single trading session, signaling renewed bullish momentum in the cryptocurrency market [1]. This gain positions XRP ahead of several major altcoins and has reignited interest among traders, particularly with the coin stabilizing above the $3.00 level. Analysts have noted that if XRP maintains this threshold, it could continue its upward trajectory toward the $3.20 target [1]. The broader market optimism is being supported by ongoing developments in the Ripple vs. SEC case, which continues to influence sentiment for XRP [1].

Meanwhile, Bittensor (TAO) is consolidating near $353, with a growing volume of over 10% indicating rising buyer participation [1]. Analysts are closely monitoring the $370–$375 range as a key resistance level. A successful breakout above this zone could trigger a long-term bullish trend with price projections potentially reaching $495 [1]. Technical indicators such as narrowing Bollinger Bands and a positive MACD histogram suggest that volatility is building and could support a continued upward move [1].

BlockDAG’s presale has attracted considerable attention, having raised $364.5 million and sold 24.8 billion BDAG coins across 28 batches [1]. The recent launch of its Trading Dashboard V4 has transformed the presale into a fully functional trading environment where users can execute real-time buy and sell orders. The dashboard mirrors a live exchange, offering instant price updates and transparent transaction mechanics, weeks before the public listing on August 11 [1]. Users who access the dashboard with the code TRADEBDAG can engage with the presale pricing and liquidity features [1].

The platform has already drawn significant participation, including over 200,000 holders, 2.5 million daily mobile miners, and more than 19,000 mining devices sold. At the current presale price of $0.0016, investors face a projected 3,025% return based on the expected $0.05 listing price [1]. With the price window tightening, the opportunity for early entry is rapidly disappearing.

The broader crypto landscape is showing signs of increased engagement as altcoins regain strength, with XRP leading the short-term rally and TAO poised for a potential breakout. However, the most active market development is occurring in BlockDAG, where real-time trading activity is being generated before the official launch [1]. These trends reflect the growing dynamism in the crypto sector, driven by both speculative interest and the emergence of innovative platforms that simulate real-world market conditions [1].

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Source: [1] XRP Price Jumps 7% as Market Turns Bullish, TAO Eyes $375 Breakout, & BlockDAG’s Live Dashboard Signals Real-Time Momentum (https://coinmarketcap.com/community/articles/6894c2578030603f49f3932a/)