XRP News Today: XRP Volume Rises 30%, Dogecoin Whales Buy $480M, BlockDAG Presale Hits $381M

Generated by AI AgentCoin World
Sunday, Aug 24, 2025 9:57 pm ET2min read
Aime RobotAime Summary

- XRP trading volume surged 30% near $3, driven by Ripple's RLUSD stablecoin ambitions and SEC lawsuit resolution.

- Dogecoin whales accumulated $480M in 2B tokens, signaling potential breakout despite Bitcoin's dominance.

- BlockDAG's $381M presale (2,660% returns) and X1 miner app highlight adoption-focused infrastructure growth.

- Dashboard V4's live trading features and sports team partnerships expand BlockDAG's mainstream visibility.

- Market shifts show crypto maturing from speculation to projects with tangible use cases and scalable models.

The cryptocurrency market is currently witnessing a convergence of short-term speculation and long-term infrastructure development, as

sees a surge in trading volume, attracts significant whale activity, and BlockDAG’s presale reaches $381 million. These movements reflect diverging strategies across the crypto landscape, from rapid volume-driven rallies to foundational growth led by scalable platforms.

XRP has experienced a sharp increase in trading volume, now hovering near $3 with daily activity approaching $12 billion. Over the past four days, the asset has tested the $3.5 resistance level but has stabilized at $3.05, a price zone historically linked to significant rebounds. The volume increase of over 30% indicates aggressive buying interest, with nearly 7% of XRP’s circulating supply changing hands in a single day. This activity aligns with Ripple’s broader push into stablecoins through RLUSD, a project aiming to capture a slice of the $3 trillion stablecoin market. With the SEC lawsuit behind the company and rising speculation around ETF approvals, XRP’s current momentum may signal a broader shift in market sentiment [1].

Meanwhile, Dogecoin has attracted renewed attention from large investors. Over the past week, institutional or high-net-worth investors (whales) have accumulated nearly 2 billion

tokens, valued at approximately $480 million. This is complemented by $32 million in retail buying activity, highlighting a coordinated effort to push the asset beyond key liquidity zones. DOGE remains constrained by resistance levels on the upside, but the accumulation pattern suggests a potential breakout if buying pressure intensifies. Despite trailing behind and Binance Coin in recent performance, DOGE’s price action suggests the asset is well-positioned for a resurgence if whale activity continues [1].

BlockDAG, an emerging project in the presale space, is generating strong adoption and investor interest. The presale, now in Batch 29 at $0.0276 per token, has raised $381 million and is on track toward its confirmed $0.05 launch price. Early buyers from Batch 1 to Batch 29 have already seen a return of over 2,660%, a figure that underscores the project’s rapid growth. The X1 mobile miner app, with 2.5 million users globally, allows for accessible participation in the network, offering a unique proof-of-engagement model that circumvents traditional hardware requirements. This early adoption is a rare but significant indicator of real-world usage before a project’s launch [1].

Furthermore, BlockDAG’s Dashboard V4 introduces a suite of features that resemble a live trading platform, including real-time charts, wallet balances, order books, and gamified leaderboards. This level of transparency and engagement helps bridge the gap between presale participation and post-launch activity, increasing the likelihood of sustained interest from early adopters. Strategic partnerships with sports teams such as the Seattle Orcas and Seattle Seawolves further expand the project’s visibility beyond the crypto community into mainstream audiences [1].

Taken together, the movements in XRP, Dogecoin, and BlockDAG reflect the evolving dynamics within the crypto market. XRP’s volume-driven rally and stablecoin ambitions suggest a shift toward institutional recognition, while Dogecoin’s whale accumulation hints at a potential resurgence driven by community and meme-based momentum. BlockDAG, on the other hand, represents a different approach entirely—focusing on adoption, transparency, and infrastructure before launch. These developments indicate that the market is no longer dominated solely by speculative hype but is increasingly being shaped by projects with tangible use cases and scalable models [1].

Source:

[1] title: XRP Volumes Surge, Dogecoin Whales Buy Big, and BlockDAG Presale Hits $381M as Dashboard V4 Unlocks Live Trading

(url: https://coinmarketcap.com/community/articles/68ab5b3bdab2954150f8fded/)