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Ethereum Faces Further Decline as XRP Gains Momentum; BlockDAG Secures $10M Amid Surging Beta Testnet Interest

Ethereum Faces Further Decline as XRP Gains Momentum; BlockDAG Secures $10M Amid Surging Beta Testnet Interest

Author:
Tronweekly
Published:
2025-04-14 17:00:00
15
2
The cryptocurrency market exhibits mixed signals as Ethereum (ETH) experiences another downturn, while Ripple’s XRP demonstrates bullish potential. Meanwhile, BlockDAG has rapidly attracted $10 million in funding, fueled by growing participation in its beta testnet phase. This divergence highlights shifting investor sentiment across major blockchain projects, with ETH struggling to maintain momentum, XRP showing resilience, and BlockDAG emerging as a dark horse with strong early-stage traction. Market analysts are closely monitoring these developments as they could signal broader trends in altcoin performance and capital allocation strategies.BlockDAG

The market continues to shift, and not every asset is reacting the same way. The Ethereum (ETH) price has dropped below $1,500 and has left some investors on edge, especially as on-chain metrics and ETF flows trend lower. At the same time, the XRP news has turned more optimistic, with analysts pointing to a bullish divergence that could lead to a price breakout if resistance at $1.97 is cleared.

But while others juggle charts, BlockDAG (BDAG) is focused on real development. Its Beta Testnet launch is giving devs a sandbox to test smart contracts, create NFTs, and simulate vesting flows. And with over $214 million raised, BDAG’s growth metrics continue to prove it is one of the top cryptos to buy right now.

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Ethereum Price Drop Raises Market Concerns

The latest Ethereum (ETH) price drop has triggered renewed market anxiety as ETH slid below the $1,500 support mark. This Ethereum price drop is now the third major retracement in under 12 months, and on-chain signals are flashing red again. Analysts point to Ethereum trading below its realized price, which historically aligns with heavy selloffs. A previous Ethereum price drop under this level in 2022 preceded a 35–50% slide.

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Weak ETF inflows haven’t helped either. Over $94 million has been pulled from Ethereum investment products in the last two weeks. Combined with fading network activity—down 40% in transaction volume and 33% in active wallets—the Ethereum price drop reflects growing unease. Until CORE metrics recover, many traders remain cautious about calling a bottom.

XRP News Hints at Bullish Reversal

Recent XRP news has revived bullish sentiment, with technical analysts pointing to a potential breakout ahead. The latest XRP news centers on the MACD indicator and bullish divergence patterns, both of which suggest selling pressure is beginning to fade. XRP has held the $1.70 support level convincingly, and traders are watching the $1.97 mark as a key breakout zone.

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More XRP news comes from analysts predicting that if XRP clears this resistance, the next leg up could test the $2.64 and $2.92 levels. A confirmed move past $1.97 would back the recent XRP news forecasts of an extended rally. Still, if the resistance holds, another pullback may be on the table, keeping traders alert as XRP hovers in a decision zone.

BlockDAG Beta Testnet Brings Big Upgrades & Airdrops

BlockDAG (BDAG) isn’t playing around. Beta Testnet V1 is live, and it’s packing serious upgrades — think double the speed of the alpha version, plus a bunch of fresh features that actually make life easier. These include a revamped token and NFT creation wizard (supporting ERC-20, ERC-721, and 1155), real-time global node tracking, and an enhanced Blockchain Explorer for users to track transactions and smart contracts without needing a PhD.

Announcing the public rollout of the Beta Testnet, Antony Turner said, “And if that is not enough, we’re even going to incentivize you to get involved,” revealing about 10,000 BDAG testnet token airdrop. That’s going out to over 110,000 users. It mimics real vesting — 40% upfront, then 20% released weekly — so users can get their hands dirty with the new vesting dashboard. Basically, it’s a stress test for the smart contract infrastructure before the Mainnet.

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These drops are not empty hype — the numbers back it up. The public roll out of the beta testnet brought in $10 million in just a few days, pushing BlockDAG’s total presale to $214 million, with 19.2 billion coins sold. The current price stands at $0.0248 in presale batch 27. Early birds have seen a 2,380% ROI so far. These metrics are fueling its position as a top crypto to buy right now, especially with multiple dApps rolling out for real-time testing and user feedback.

The $10 million raised in just a few days shows that interest in BlockDAG isn’t slowing down. Instead, it is continuing to ramp up and traders that previously stood waiting for their moment to dive in are already seizing this opportunity before things blow up.

What’s Next? 

While the Ethereum price drop has traders reviewing their risk, and XRP news keeps sparking conversation around a potential move higher, BlockDAG is letting its tech speak louder than speculation. It is shifting focus from charts to real-world application. The Beta Testnet V1 going live means it’s delivering speed boosts, no-code NFT tools, and real-time features developers can actually use.

Adding on 10,000 testnet tokens airdropped to over 110,000 users and $214 million already raised, BlockDAG is showing huge promise—delivering usable infrastructure. The $0.0248 price in batch 27 and 2,380% ROI so far only add to its case as a top crypto to buy. For those ready to move jump in, BlockDAG is where real progress begins.

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Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial’

Discord: https://discord.gg/Q7BxghMVyu

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