XRP Trades Below $3 as Cardano Governance Updates Continue; BlockDAG Reports Testnet Throughput Increase and Motorsport Partnership

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Cardano has been rolling out governance reforms, yet some holders say network growth remains slow. At the same time, much of the recent XRP discussion has centered on large transfers and short-term market reactions rather than clear changes in network usage. Together, the two projects highlight how sentiment can cool when upgrades and adoption do not move in tandem.

Another project drawing attention is BlockDAG. According to the project, its ā€œAwakeningā€ testnet increased throughput from about 800 transactions per second (TPS) to about 1,400 TPS. The team has also discussed plans that include account-abstraction-based fee handling and developer tooling; these details have not been independently verified.

BlockDAG Says Its Awakening Testnet Reached About 1,400 TPS

BlockDAG says its Awakening testnet has scaled from roughly 800 TPS to nearly 1,400. As with any test environment, throughput figures may vary based on conditions and do not necessarily indicate mainnet performance.

The project says the testnet is intended to demonstrate lower latency and smoother transaction execution under higher loads. It also states that work is ongoing on features such as account abstraction and an Ethereum-compatible environment, alongside an upgradable runtime design.

BlockDAG also says it has raised more than $420 million through a token sale. The project lists a ā€œBatch 31ā€ price of $0.0015, though token sale terms, allocation details, and future market pricing are subject to change and can carry significant risk.

XRP Struggles to Hold Above $3

Recent XRP coverage has blended corporate updates and market headlines. Reports have noted executive changes at Ripple and discussions about expanding integrations and market access. Separately, market participants have been watching new financial products and derivatives developments tied to XRP, where any impact on spot price remains uncertain.

Large on-chain transfers can also coincide with increased volatility, though their meaning can be difficult to interpret without context. Some technical analysts point to nearby support and resistance levels as potential markers for sentiment, but such levels are not predictive and can fail quickly in fast-moving markets.

While XRP continues to draw interest, it also carries risks that depend on market liquidity, product demand, and broader regulatory and macro conditions. Price forecasts circulating online vary widely and should be treated as speculative rather than as actionable guidance.

Cardano’s Upgrades Continue, but Growth Metrics Remain Mixed

Recent Cardano (ADA) updates show a network pursuing governance changes while adoption indicators fluctuate. Messari data cited in community discussions has pointed to lower daily transactions and fees at times, even as Cardano held an on-chain election tied to CIP-1694 and moved toward forming a Constitutional Committee. A community-approved budget measured in ADA has also been discussed, though usage metrics have not consistently reflected stronger demand.

Cardano has also announced partnerships and technical initiatives, including work around its Midnight sidechain and validator support through Google Cloud. The ecosystem has continued to add integrations and cross-chain functionality, although the pace of user activity remains a central focus for many observers.

Looking ahead, Cardano’s Ouroboros Leios work has been discussed as a potential path to improved throughput and efficiency. Timelines and outcomes can change, and any estimates about future price impact remain uncertain provisioning rather than confirmed results.

More broadly, Cardano’s near-term narrative is likely to depend on how governance changes, sidechain efforts, and any future product or regulatory developments translate into measurable on-chain activity.

Final Thoughts

XRP remains sensitive to market structure developments, large transfers, and shifting sentiment, while Cardano continues to pursue governance and technical upgrades as it seeks stronger usage. Both illustrate the gap that can exist between announced milestones and consistent adoption.

BlockDAG, meanwhile, is positioning its testnet metrics and fundraising as evidence of progress. The project has also highlighted a motorsport partnership, referenced here: F1Ā®. As always, readers should treat project-provided performance numbers and token sale figures as claims unless independently verified.

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

Project social channel (for reference): https://t.me/blockDAGnetworkOfficial


This article contains information about a cryptocurrency token sale. 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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