Avalanche ETF Buzz, XRP Supply Fears Mount—But BlockDAG’s $5M Surge Makes BDAG the Top Crypto Pick

Avalanche ETF Buzz, XRP Supply Fears Mount—But BlockDAG’s $5M Surge Makes BDAG the Top Crypto Pick

$5M in 48 Hours! BlockDAG Testnet Ignites 40x Potential as AVAX Targets $30 ETF Boost, XRP Drops Below $2

Avalanche is holding the $20 line amid volatility, but Nasdaq’s filing to list a spot AVAX ETF may rewrite its trajectory. The move signals institutional interest, and if the SEC greenlights it, a rally toward $30 is well within reach.

AVAX’s chart structure supports a rebound if $19.74 holds, but macro pressure lingers. XRP, meanwhile, is facing the opposite reality. Despite legal wins, price is sliding. A 7% drop, falling demand, and expanding supply—now at 58 billion—are dragging sentiment. If $1.96 fails, a breakdown to $1.35 could play out fast.

That’s why BlockDAG stands apart. In just 48 hours, the project raised $5 million post-Keynote 3, lifting its presale total past $209.5 million. But it’s not the funding that sets it apart—it’s the execution. BlockDAG’s Beta Testnet is live, processing 1.2M+ transactions, complete with smart contract tools, token wizards, and integrated DeFi features. There’s no waiting for roadmap rollouts—staking, lending, and governance are coming at mainnet launch.

AVAX Eyes ETF Boost—Will Nasdaq’s Filing Push Avalanche to $30?

Avalanche (AVAX) is holding firm at the $20 support level despite an 8% drop in the last 24 hours. This dip comes amid broader crypto market volatility, but a key development could change the narrative: Nasdaq has filed to list Canary Capital’s AVAX spot ETF, now awaiting SEC approval.

This move signals growing institutional interest in Avalanche. If the ETF gains approval, it could open the doors for large-scale capital inflows—just as Bitcoin and Ethereum saw price jumps following ETF momentum.

Technically, AVAX is testing its 50-day SMA at $19.74. If bulls hold this level, a rally toward $23—and potentially $30—remains on the table. A breakdown, however, could see prices dip to $18 before recovering.

XRP Price Risks Drop to $1.35 as Supply Rises and Demand Stalls

XRP is showing signs of weakness despite favorable news like the SEC dropping its appeal against Ripple. The token fell 7% on Friday, struggling to hold above the $2.00 support, with low demand and rising supply weighing heavily on price action.

On-chain activity remains muted, with whale transactions declining and exchange reserves flat. Meanwhile, Ripple’s monthly escrow unlock continues to inflate circulating supply—up from 54 billion to 58 billion XRP in just a year—raising further concerns.

If XRP breaches the $1.96 support, it could confirm a Head and Shoulders pattern, setting the stage for a potential drop to $1.35. Futures liquidations of nearly $25 million further underline market stress.

A New Decentralized Era — $5M in 48H Pushes BlockDAG Toward $1

BlockDAG’s Keynote 3 wasn’t about speculation—it was about execution. With over $5 million raised in just 48 hours, the project’s presale total has surged past $209.5 million, showing clear investor conviction. At the current Batch 27 price of $0.0248, this rush signals one thing: people believe BDAG is on track to hit $1—and soon.

What’s driving the momentum? Real delivery. The launch of the Beta Testnet, already processing over 1.2 million transactions, is paired with dApp tools, a token creation wizard, and an advanced explorer—all of which are live. More importantly, the project’s direction is crystal clear.

“What you’ll see today has been months in the making—a leap forward in decentralization, security, and scalability,” said CEO Antony Turner.

The network isn’t waiting for post-launch fixes. It’s arriving with DeFi, staking, lending, bridges, and governance tools already integrated—giving BDAG instant utility. And with exchange listings across 10+ platforms confirmed, demand is about to explode.

As Turner put it:

“We are more than a project; we are pioneers of a new decentralized era.”

At $0.0248, the upside to $1 is undeniable—and the window to enter early is rapidly closing.

Top Cryptos For 2025

Avalanche could benefit hugely from ETF approval, but it remains a waiting game. Technicals suggest a bounce, but any bullish move still depends on external validation from regulators. XRP, once the legal comeback story, now faces new pressure from over-supply and sluggish demand. Even with favorable court outcomes, the market isn’t biting—and that’s telling.

BlockDAG, on the other hand, doesn’t need speculation to justify its growth. Keynote 3 made the roadmap public: a testnet already running at scale, DeFi tools launching with mainnet, and 10+ exchange listings secured. The project isn’t trying to catch up—it’s moving ahead. Its hybrid DAG + PoW model delivers speed, security, and decentralization on day one, not year three.

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The text above is an advertorial article that is not part of kanalcoin.com editorial content.
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Author: NewsDeck

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