Ripple’s trading volume skyrocketed by 235%, fueling optimism for ARB as it led inflows, outpacing other Layer 2 solutions on the Ethereum network. Meanwhile, BlockDAG has moved into its 11th presale phase with a refreshed roadmap, sparking a dramatic surge in presale activity.
With over 8.8 billion coins already sold and $24.7 million raised, BlockDAG has marked a place for itself. The new roadmap demonstrates the network’s accelerated
growth, now supporting ten payment methods including Dogecoin, Shiba Inu, and Solana. This expansion broadens the user base and simplifies transactions for a diverse crypto audience. These enhancements reaffirm BlockDAG’s dedication to user convenience and improved digital payment experiences.
XRP Price Surges Amid Growing Ripple Volume
Ripple’s trading volume surged by 235%, propelling XRP prices upwards. Although XRP recently ended with a long upper wick, it’s still on track for a breakthrough above $0.55, possibly reaching $0.60 in the short term. Currently, XRP trades above $0.52, with bulls maintaining a steady 4% gain for the week.
Trading volume exceeded $1.8 billion as the SEC-Ripple case nears a resolution. The XRP Ledger now has over 4.3 million XRP locked in AMM liquidity pools, signaling growing trust in the platform. However, any drop below the $0.46-$0.50 range could trigger a deeper decline.
Arbitrum Dominates Layer 2
Despite new competitors, Arbitrum has maintained dominance in the Layer 2 sector, benefiting from strong inflows and surpassing other Ethereum-based networks. Daily active addresses jumped from 250,000 to 400,000, while transactions averaged 1.5 million per day.
Nevertheless, DEX volumes have fallen from $2.2 billion to $500 million, affecting the TVL, which has dropped from $3.3 billion to $2.65 billion since March. Reduced developer engagement and a decrease in code commits could pose future challenges for Arbitrum. However, its high activity suggests potential for renewed growth, reaffirming its critical role in the broader Ethereum ecosystem.
BlockDAG’s Impeccable $24.7 Million Presale and Mainnet Launch Success
BlockDAG has rapidly moved through its presale stages, now in the 11th batch with over 8.8 billion coins sold and amassing an enticing $24.7 million presale funding. The updated roadmap outlines a strategy leading to the mainnet launch, which is ahead of schedule by four months. Experts predict a 30,000x return on investment following this official launch.
Central to this growth is the new X1 crypto mining app, scheduled to release its beta version on June 1st. This app prioritizes user experience, incorporating a smooth onboarding process and an active community section for better support and interaction. This demonstrates BlockDAG’s dedication to growth and user engagement.
Furthermore, the addition of ten new payment methods aligns with BlockDAG’s vision of inclusivity and innovation. Supporting Bitcoin, Solana, Dogecoin, Shiba Inu, and other leading cryptocurrencies, this move enhances transaction flexibility and accessibility.
Final Thoughts
Ripple’s increased trading volume and optimistic ARB price projections show the shifting dynamics of the crypto market. BlockDAG’s updated roadmap, featuring the innovative X1 mining app and new payment options, positions the network to surpass its staggering $24.7 million presale funding.
By supporting popular digital assets like Dogecoin and Solana, BlockDAG is transforming digital transactions and opening new pathways for user growth and investment. Now is the perfect time to invest in this cryptocurrency, currently positioned in batch 11 at an enticing $0.007.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.