Ethereum (ETH) and XRP are back in focus as the crypto market shows renewed activity. Ethereum has moved above $3,900 after rising from the $2,800 area, and traders are watching nearby resistance levels. XRP is also attracting attention as commentators revisit long-term price targets and historical performance.
Alongside large-cap assets, some coverage has also highlighted early-stage projects. BlockDAG is marketing what it calls a “GLOBAL LAUNCH” token-sale phase at $0.0016, while also referencing a later stage price of $0.0276. These figures are based on project materials and are not independently verified.
The project also states that it has confirmed exchange listings, released a “Dashboard V4,” and raised more than $361 million. Readers should treat these as project-reported claims unless verified by independent sources.
Ethereum Approaches a Key Resistance Area
Ethereum remains one of the most closely watched cryptoassets and has shown strong recent price movement. After a sharp rise from around $2,800, ETH is trading near $3,900, and market participants are monitoring the $3,890–$4,200 area as a potential resistance zone. This region acted as a supply level in April and May 2024.
Some technical analysts argue the trend remains constructive, noting the asset is trading above its 50-day and 100-day moving averages. If the current upward channel holds, ETH could revisit the $4,089 level seen earlier in 2024, though outcomes are uncertain and depend on broader market conditions.
As with any highly traded asset, short-term price moves can be volatile, and technical levels do not guarantee future direction.
XRP Price Targets and Scale Constraints
XRP is also drawing attention. At around $3.20 in this article, it is up materially from April levels. Some observers point to Ripple’s presence in institutional payments as a supportive narrative, though adoption and market pricing are influenced by multiple factors.
More aggressive projections have circulated, including targets such as $320 per coin. If XRP were to reach that level, it would imply an extremely large market capitalization (for example, a figure in the tens of trillions of dollars depending on supply assumptions), which would be far above the current size of the overall crypto market.
Some chart watchers have pointed to a potential cup-and-handle pattern with a stated target at $5.13. Technical patterns are interpretive and do not ensure an outcome, and XRP’s longer-term trajectory remains sensitive to market structure, liquidity, and regulatory developments.
BlockDAG: Project-Reported Token Sale and Product Claims
BlockDAG is being discussed in some coverage as an early-stage project. According to its own marketing materials, it is running a token sale with multiple stages and lists a $0.0016 “GLOBAL LAUNCH” price available until August 11, alongside references to a $0.0276 stage price and an “official” $0.05 launch price. These are promotional terms and pricing statements provided by the project.
The project also claims it has sold 24.7 billion tokens and raised $361 million, and that “Dashboard V4” includes real-time charting and a trading simulator. It further advertises five “confirmed” exchange listings. Separately, it has described marketing incentives such as a giveaway and an airdrop; readers should review terms carefully and consider the risks of participating in any promotional campaign.
BlockDAG describes its design as EVM-compatible with a hybrid blockchain-DAG approach and references tools such as a low-code builder. As with many early-stage crypto projects, independent verification of product maturity, security, and timelines may be limited.
Early-stage token sales can involve significant risks, including illiquidity, smart-contract vulnerabilities, changing token economics, and the possibility that listed milestones are delayed or not met.
How to Read These Narratives
Ethereum and XRP are established assets with deep liquidity and widely followed market structures, while early-stage projects such as BlockDAG carry different risk profiles and information gaps. Comparing them directly can be misleading without considering scale, circulating supply, market capitalization, and disclosure quality.
Any forward-looking pricing, fundraising milestones, or listing claims should be treated as uncertain unless confirmed by independent, reputable sources.
Website (for reference): https://blockdag.network
Telegram (for reference): https://t.me/blockDAGnetworkOfficial
Press releases or guest posts published by Crypto Economy have been submitted by companies or their representatives. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
