ETH Underperforms; XRP Developments Send Mixed Signals; BlockDAG Reports Testnet Update and Fundraising Progress

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Ethereum has struggled with consistency as recent Ethereum (ETH) price outlooks remain closely tied to ETF flows and reported changes in exchange supply. Recent XRP developments include efforts tied to ETFs and sidechain upgrades, while broader regulatory clarity and technical resistance levels around $3.10 remain in focus. Both narratives depend on follow-through in technology, adoption, and market conditions.

BlockDAG says its “Testnet Awakening” has gone live as a test-phase network with features it describes as aligned with its roadmap. The project also reports raising more than $410 million toward a stated $600 million goal.

BlockDAG Moves From Hype to Proof as Testnet Awakening Launches

BlockDAG says its “Testnet Awakening” is now live in a test phase. According to the project, this represents a step from fundraising-stage messaging to a network environment where features can be evaluated. BlockDAG also says it is using an account-based model, and that it supports account abstraction features such as smart-wallet functions, gas sponsorships, and social recovery. The project further describes runtime upgradability intended to enable updates without disruptive hard forks. These are project-stated capabilities and are not independently verified here.

BlockDAG also says the testnet launch included example dApps such as “Reflection” and “Lottery,” along with a developer IDE and block explorer tools.

Regarding the project’s token sale, BlockDAG reports a token price of $0.0013 and says it has sold more than 26.4 billion tokens while raising over $410 million toward its stated $600 million target. The project has also promoted a referral program and reported figures such as “mobile miners” and “X-Series miners”; these are project-reported metrics and should not be interpreted as evidence of adoption or future performance.

BlockDAG says its next steps include vesting contracts, exchange listings, and ecosystem expansion into areas such as DeFi, DePIN, and AI. Any timelines, listings, or market outcomes remain uncertain and depend on execution, market conditions, and regulatory factors.

XRP News: ETFs and Technical Turning Points

Recent XRP coverage has included its reported inclusion in the Hashdex Nasdaq Crypto Index US ETF, where it is listed with a 7.1% allocation. Separately, market participants are watching for developments around crypto ETF approvals and how they may affect demand for various assets. XRP has recently traded in the $2.80 to $2.95 area, with resistance discussed around $3.10–$3.20 and support referenced near $2.84–$2.87.

Regulatory developments related to Ripple and the SEC have also been a focus for XRP market sentiment, with reports describing a settlement that included a $125 million payment. Even with improved legal clarity, XRP’s price action remains sensitive to broader market conditions and ongoing regulatory and product developments.

Ethereum Price Bull Case Strengthens

Ethereum’s outlook continues to be shaped by ETF-related flows, network activity, and broader market risk appetite. After recent volatility that saw ETH trading around $3,960 following a market-wide selloff, some analysts have argued that supply dynamics and institutional access could support higher prices over time. Price targets such as $5,000–$7,500 by the end of 2025 are speculative and not guaranteed.

Network upgrades and scaling work are also part of Ethereum’s longer-term narrative, though they do not remove the possibility of sharp price swings. As with other large-cap assets, macro conditions, liquidity, and regulatory developments can materially affect outcomes.

Quick Recap

Recent XRP developments include ETF-related news and ongoing ecosystem upgrades, while traders continue to watch key technical levels and regulatory signals. For Ethereum, narratives around supply, scaling, and institutional access remain central, but any forward-looking price scenarios are uncertain and dependent on broader market conditions.

BlockDAG says its testnet is live and that it has implemented features such as account abstraction and runtime upgradability, alongside fundraising figures it reports as exceeding $410 million toward a $600 million goal. Comparisons to established networks should be treated cautiously given differences in maturity, usage, and risk.

Token sale page (for reference): https://purchase.blockdag.network

Project website (for reference): https://blockdag.network

Telegram (for reference): 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. As with any initiative within the crypto ecosystem, readers should do their own research and consider the risks before participating in any token sale or similar offering.

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