XRP Price Falls 2.79%, Hedera (HBAR) Slips 4–6% as BlockDAG Reports Testnet Plans and Fundraising

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Ripple (XRP) has seen a 2.79% price dip over the past month, trading between $2.80 and $3.10, while market data shows daily volumes remaining elevated. Hedera (HBAR), meanwhile, dropped approximately 4–6%, fluctuating between $0.21 and $0.26, as some analysts monitor the $0.25 area as a potential resistance level.

Both projects continue to attract active communities, and recent price action suggests consolidation for each asset. Separately, BlockDAG has announced upcoming network testing activity and says it has raised nearly $410 million as part of an ongoing token sale. The project states it is working on infrastructure, mining hardware, and user onboarding, although these details should be treated as project-reported until independently verified.

What Is BlockDAG? Project Overview and Fundraising Context

BlockDAG is a crypto project that, according to its published materials, combines Directed Acyclic Graph (DAG) and Proof-of-Work (PoW). The project says this design is intended to allow parallel block confirmations rather than a strictly linear sequence, with a stated target capacity of between 2,000 and 15,000 transactions per second. The team positions this approach as a way to address congestion and scalability constraints seen in some older blockchain designs.

In terms of participation, the project describes multiple mining options, including a mobile miner app and dedicated hardware devices (X10, X30, and X100). BlockDAG claims the app has more than 3 million users and says it has shipped nearly 19,000 mining devices to more than 130 countries. Any estimates of future earnings or payouts depend on network conditions and other variables and are not guaranteed.

BlockDAG says it is preparing to launch its “Awakening Testnet” on September 25. As described by the project, the testnet is intended to activate core blockchain components, introduce account abstraction features, and provide explorer tools for monitoring transactions and smart contracts. The project also references Stratum protocol support for miner syncing and smart account groundwork via EIP-4337.

BlockDAG states that it has raised nearly $410 million and sold 26 billion coins as part of staged fundraising rounds. Specific pricing, timelines, and terms can change and may not be independently verifiable at the time of publication.

XRP Price Under Pressure: What Trading Signals Reveal

Over the past month, XRP has experienced a slight decline in price, falling approximately 2.79% in USD value. Even so, the token has maintained a relatively stable trading range between $2.80 and $3.10, repeatedly bouncing off support levels in the upper $2.70s. Despite the minor price drop, trading volume has remained relatively high, with daily turnover reaching into the billions of USD.

This suggests continued market participation, even though momentum appears mixed. From a technical perspective, analysts continue to watch moving averages and other indicators, which can shift quickly as market conditions change.

At the same time, traders have pointed to resistance in the $3.10 to $3.15 area and to exchange inflows from large holders as factors that can weigh on price. Overall, XRP remains in a consolidation phase, and any upside or downside scenarios remain uncertain.

Hedera (HBAR): Recent Price Movement & Technical Watch

Hedera (HBAR) has shown a modest decline of approximately 4 to 6 percent over the past month, slipping from around $0.25 to a recent level near $0.2397. The token has traded within a range of $0.21 to $0.26, facing resistance near $0.245 and finding short-term support around $0.23.

Daily trading volumes have been relatively stable, with occasional surges during price swings. Some analysts have highlighted the $0.25 mark as a key level to watch, though a move above it would not, by itself, confirm a sustained trend.

Another closely watched area is around $0.23, where a breakdown could shift attention toward the $0.21 range. These levels reflect a market that many traders describe as consolidating while awaiting clearer directional signals.

BlockDAG Update in 2025: What the Project Says Is Next

XRP and HBAR remain primarily driven by broader market sentiment and technical factors. BlockDAG, by contrast, is centered on development milestones and fundraising claims. The project says it has shipped mining devices, built a mobile mining app user base, and plans to activate testnet features that would allow participants to observe network activity through explorer tooling.

As with any early-stage crypto project, timelines, funding figures, and technical capabilities may evolve, and independent verification can be limited.

Project links (for reference):

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial


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

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