BlockDAG reports $395M raised and outlines Deployment Event, alongside XRP price action and Chainlink technical setup

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The crypto market often focuses on anticipation, where price patterns and technical setups dominate conversations. Ripple’s XRP is trying to hold key support after falling more than 20% from July highs, while Chainlink (LINK) is consolidating just below a widely watched resistance level as traders look for confirmation of its next move. Both tokens reflect the mix of volatility and risk that characterizes much of the sector.

In contrast, BlockDAG has drawn attention primarily through project updates and reported milestones. The team says it has raised $395 million in a token sale and that tokens are priced at $0.0013 at the time of writing. These figures have not been independently verified.

The project has also promoted an upcoming Deployment Event in Singapore, the launch of Dashboard V4, and sports partnerships as part of its planned rollout. As XRP and Chainlink test near-term technical levels, BlockDAG is presenting progress updates ahead of its market entry.

XRP Price Pattern At a Decisive Crossroad

Ripple’s XRP has shed over 20% since mid-July, recently dipping to $2.76—its lowest point since early August. Some analysts describe this zone as important: if XRP holds above $2.76, they argue it could help preserve a broader uptrend structure. Ali Martinez, who said XRP could retrace toward $2.83, has pointed to this level as a support area to watch, while CRYPTOWZRD has suggested that reclaiming and holding $2.94 could improve the near-term technical picture.

Whale activity adds complexity. After selling off 470 million tokens in August, large holders have reportedly bought 340 million XRP worth nearly $950 million in the past two weeks, based on publicly tracked wallet data. Some market participants interpret such accumulation as a sign of improving sentiment, although it does not reliably predict price direction.

Trading volume remains a key variable. Without sustained buying pressure, XRP could revisit lower support areas that some analysts cite around $2.60 or $2.40. For now, the token is testing whether buyers defend support or whether selling pressure continues.

Chainlink Technical Outlook Points to Breakout Potential

Chainlink’s recent sharp rally has brought renewed momentum, but the token is now consolidating below the $26.60 resistance area. Some analysts describe this as a pivotal level; moving above it with strong trading volume could signal continuation, while failure to break through may lead to a short-term pullback. Alpha Crypto Signal has noted that LINK’s buying activity has supported the trend, while also pointing out that broader market conditions can still influence outcomes.

Support near $24.30 has held in recent trading, attracting buyers looking to defend gains. Some traders view this consolidation as a potential entry area, though that view is speculative and depends on market conditions. Analysts also emphasize that volume confirmation is important when assessing whether a breakout is sustained.

A sustained move above resistance could put higher levels in focus, while a dip below support may shift attention to downside risk and additional support zones. For now, LINK remains at an important technical juncture.

Dashboard V4 and Deployment Event Highlight BlockDAG Updates

While XRP and Chainlink are being discussed largely through chart levels, BlockDAG’s team has emphasized product and marketing updates. The project says it has raised $395 million in its token sale and that the current token price is $0.0013, describing this as part of a flat-rate phase. The team has also said a Deployment Event in Singapore, organized with Coinstore, will be used to present its ecosystem and outline next steps.

The team describes Dashboard V4 as a dashboard that can display BDAG price charts, wallet balances, and referral-related metrics, including leaderboards. These are project-provided features and claims, and prospective users may wish to review the underlying methodology and data sources.

BlockDAG has also announced sports partnerships, describing itself as the official blockchain partner of the Seattle Seawolves and Seattle Orcas. According to the project, these collaborations may include NFTs, fan tokens, and other fan-focused content.

Overall, the team is positioning the fundraising total, the event, the dashboard release, and the partnerships as milestones ahead of launch. As with any early-stage crypto project, independent verification and clear disclosures around token distribution, utility, and risks remain important.

Conclusion

XRP’s recent price action highlights the challenge of defending key support, with large-holder activity and analyst commentary adding context but not certainty. Chainlink’s technical setup shows consolidation below resistance, where a break higher or a pullback remains possible depending on volume and broader market conditions.

BlockDAG is being discussed for a different set of factors, including its reported fundraising total, a stated token-sale price, an upcoming Deployment Event in Singapore, and announced sports partnerships. The project also points to Dashboard V4 as a transparency and tracking tool for participants, though these features and claims come from project materials.

This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned.

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial


This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned.

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