With the Ripple trading volume surging by 235%, ARB price prediction projects bullishness as it managed to see one of many highest quantities of inflows, outcompeting different Layer 2 options on the Ethereum [ETH] community. Recently, BlockDAG advanced to its 11th presale batch, accompanied by an updated roadmap, igniting a surge in presale activity.
With over 8.7 billion coins sold and $24.6 million amassed, the momentum is undeniable. Additionally, the network now supports 10 payment methods, including Dogecoin, Shiba Inu, and Solana, expanding user choice and simplifying transactions. These developments cater to a diverse user base, reflecting BlockDAG’s commitment to enhancing the digital payment experience.
XRP Price Surges Amid Rising Ripple Trading Volume
XRP prices surged yesterday but closed with a long upper wick, signalling a crucial break higher. Bulls anticipate the uptrend’s continuation, aiming for a crack above $0.55 and sustained levels. XRP outperforms Bitcoin and Ethereum, maintaining a firm position and a 4% gain in the week. Trading volume exceeds $1.8 billion, up 235%, as the SEC-Ripple case nears resolution.
Ripple may settle for around $100 million, bolstering XRP’s prospects.
The XRP Ledger gains traction with over 4.3 million XRP locked in AMM liquidity pools, indicating growing confidence. Trading above $0.52, XRP aims for $0.55 and potentially $0.60 in the short term, with $0.74 or higher possible if bullish momentum persists. Conversely, a drop below $0.46-$0.50 could lead to a decline below $0.40.
Arbitrum Dominates Layer 2: Surge in Activity and Challenges Impacting Ethereum
Arbitrum remains dominant in Layer 2 despite new competitors, experiencing high inflows and surpassing alternatives on Ethereum, as per Token Terminal’s data.
Daily active addresses surged from 250,000 to 400,000, with daily transactions reaching 1.5 million. However, DEX volumes dropped to $500 million from $2.2 billion, impacting TVL, which fell from $3.30 billion to $2.65 billion since March.
Decreased code commits and core developers could hinder growth, but growing activity suggests potential improvement. This trend underlines the importance of accurate Arbitrum (ARB) price predictions, as Layer 2 popularity, like Arbitrum’s, supports Layer 1, particularly Ethereum.
BlockDAG: Presale Success, Mainnet Launch, and Payment Ecosystem Expansion
BlockDAG has successfully advanced to stage 11 of its crypto presale, accumulating $24.6 million and distributing over 8.8 billion coins. Industry experts anticipate a substantial 30,000x return on investment following the official launch. With the milestone of $600 million to reach by 2024, the updated roadmap reveals BlockDAG’s mainnet launch 4 months ahead of schedule.
The roadmap thoroughly discusses key developments, including one of the best crypto mining apps, the X1, with a notable mention of the beta version launching on June 1st. Starting with a user-friendly wireframe and UI design, followed by a seamless user onboarding process, and culminating in a community section to enhance user support and interaction. These steps underscore BlockDAG’s commitment to growth and community engagement.
Furthermore, BlockDAG has broadened its payment ecosystem by integrating compatibility with ten leading cryptocurrencies, such as Bitcoin, Solana, Dogecoin, Shiba Inu, Fantom, and five others. This initiative is geared towards improving accessibility and functionality within the BlockDAG network, serving a diverse range of investors and users. Integrating these digital assets enhances BlockDAG’s versatility and flexibility for users, emphasizing its commitment to inclusivity and innovation in crypto and solidifying its status as a top investment choice.
Key Takeaway
As the Ripple trading volume soars, optimistic ARB price predictions are gaining attention. BlockDAG’s newly updated roadmap showcases the groundbreaking technology behind the X1, hailed as the best crypto mining app, along with many other innovative features of BlockDAG.
Furthermore, BlockDAG is transforming transactions by introducing more than eight new payment options, including Dogecoin and Solana, paving the way for a more vibrant digital economy.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
The post Presale Coin With Updated Roadmap & 10 New Payment Methods Outshines ARB & Ripple: What is BlockDAG’s Hidden Agenda? appeared first on Blockonomi.
