5 months ago
25
The crypto rollercoaster keeps moving, with Ethereum (ETH) updates signaling renewed interest, Ripple’s (XRP) bullish sentiment facing a key resistance test, and BlockDAG (BDAG) pushing forward with its ambitious hackathon series.
Ethereum has pulled in a $20 million inflow after a string of outflows, suggesting that traders are becoming more confident ahead of upcoming events like the White House Crypto Summit. Meanwhile, XRP’s bullish sentiment remains strong as investors watch for a move above $2.85 to confirm a rally.
In the presale market, BlockDAG has raised over $202 million in its presale, with its upcoming Hackathon Series, hosted in collaboration with HackerEarth, drawing interest from developers and traders excited about the project’s future.
Latest Ethereum Updates Show Fresh Optimism
The latest Ethereum (ETH) updates have taken a positive turn after a stretch of 10 consecutive days of outflows. Recent data shows a $20 million inflow into Ethereum, signaling a shift in market sentiment. Investors appear to be regaining confidence as ETH sits around $2,100. These Ethereum updates suggest that upcoming events, such as the White House Crypto Summit, could influence further price action.
The increase in open interest, now at $20 billion, reflects growing participation in Ethereum’s derivatives market. Analysts point to technical indicators like the MACD crossover, which suggests the potential for further gains. While risks remain, these Ethereum updates hint at stronger engagement from traders watching for new entry points.
XRP Bullish Sentiment Aims Above $2.85
The Ripple (XRP) bullish sentiment is facing an important test as the token hovers around $2.21. Recent price action has placed XRP within a critical zone, where a move above $2.85 could reinforce bullish momentum. Analysts tracking XRP bullish sentiment point to past rallies, such as its climb from $0.48 to $3.40, as evidence of strong market support.
However, chart formations suggest the possibility of a Head and Shoulders pattern, which could signal a bearish shift if the price fails to break through resistance. Traders are monitoring XRP’s bullish sentiment, particularly the $2.0 support range, which could indicate whether XRP continues its uptrend or faces further declines. For now, buyers remain engaged, looking for signs of another upward move.
BlockDAG’s Upcoming Hackathon Series Rallies Global Support
Big things are happening in the BlockDAG ecosystem. This month, BlockDAG’s global Hackathon series kicks off, calling in developers, startups, and blockchain enthusiasts to flex their skills, compete for BDAG coin rewards, and put their projects in front of the right people. Hosted in collaboration with HackerEarth, this event isn’t just a coding competition—it’s an open door for fresh talent to contribute to the future of blockchain development.
The excitement around BlockDAG isn’t just about the hackathon. The project has already raised more than $202 million and is steadily moving toward its $600 million target. BlockDAG’s coin price stands at $0.0248 in batch 27, with 18.7 billion coins sold since the presale started, giving early supporters a 2,380% ROI so far.
For builders, this hackathon is more than a chance to win—it’s a fast track to securing grants, pitching top investors, and launching real-world applications on the BlockDAG network. The DeFi, gaming, and NFT communities are gearing up to showcase their ideas, hoping to grab attention and gain serious traction.
And as momentum builds around BlockDAG, more people are betting that BDAG could be the next best crypto for 2025. Could this hackathon be the launchpad that takes adoption to the next level? If the hype is anything to go by, it’s looking like a solid “yes.”
Summing Up The Market Moves
Ethereum updates are showing renewed buying activity with $20 million inflows after consecutive days of outflows, hinting at improving confidence ahead of the White House Crypto Summit. The XRP bullish sentiment also holds key support levels, as traders watch for a push beyond $2.85 to confirm a breakout.
Last but not least, BlockDAG is making progress toward its $600 million presale goal, with its global hackathon series kicking off this month. The project has already raised $202 million in its presale, and with developers competing for BDAG rewards, the event could help accelerate adoption, pushing the coin’s price higher. BlockDAG’s presale is still open and developers and traders are diving in, excited for what comes next.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial’
Discord: https://discord.gg/Q7BxghMVyu
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