BDAG Raises $5M in 48hrs, AVAX ETF Buzz Grow, XRP Faces Pressure

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BlockDAG’s $5M Presale Boom in 48 Hours Post-Keynote Signals 40x Growth Ahead! XRP Drops Below $2 & AVAX Eyes ETF-Driven $30

Avalanche is currently defending its $20 level during ongoing price swings, while Nasdaq’s request to list a spot AVAX ETF may shift the coin’s path. This signals growing interest from institutions, and if the SEC gives the go-ahead, the token could be on track to reach $30.

AVAX’s price pattern hints at a rebound if it maintains support at $19.74, though broader market factors still weigh on the chart. In contrast, XRP is facing downward pressure. Despite positive legal news, its price dropped by 7%, and demand is fading. The supply has grown to 58 billion, dampening overall sentiment.

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On the other side, within just 48 hours after Keynote 3, BlockDAG (BDAG) added $5 million to its presale, pushing the total beyond $210 million. But it’s not just the funding that makes it stand out—it’s how the team delivers. The Beta Testnet is already live, handling over 1.2 million transactions and offering tools like smart contract builders, token creation wizards, and DeFi features. There’s no long wait for features either—staking, lending, and governance will all be available when the mainnet goes live.

Avalanche Awaits ETF Decision: Will It Reach $30?

Avalanche (AVAX) has held close to its $20 support level, even after dropping 8% within 24 hours. While market uncertainty continues, a critical development could change things: Nasdaq has submitted a request to list Canary Capital’s spot AVAX ETF, which is currently under SEC review.

This filing highlights growing institutional interest in Avalanche. If approved, it could bring in major capital, similar to the price growth seen with Bitcoin and Ethereum after their ETF developments.

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Technically, AVAX is nearing its 50-day Simple Moving Average at $19.74. Should this level hold, a rise to $23 and possibly $30 remains achievable. On the other hand, if support fails, prices may fall to $18 before attempting recovery.

XRP May Slide to $1.35 as Circulating Supply Expands

Even with recent positive updates, such as the SEC dropping its appeal against Ripple, XRP is seeing weak price action. The coin dropped 7% on Friday and is struggling to stay above the $2.00 support level. The problem lies in low demand and a growing supply.

Whale activity has decreased, and on-chain data shows stagnant exchange reserves. Ripple’s monthly escrow releases are adding pressure, pushing the total supply from 54 billion to 58 billion XRP in one year.

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If the price drops under $1.96, it could confirm a bearish Head and Shoulders setup, opening the door for a slide to $1.35. Futures data also shows $25 million in liquidations, reflecting current market weakness.

BlockDAG’s Raised $5M in 48H After Keynote 3— What’s Next?

In a short 48-hour window following Keynote 3, BlockDAG brought in $5 million, raising its crypto presale earnings to over $210 million. This isn’t just about funding—execution is the standout. The Beta Testnet is already running with over 1.2 million transactions and includes live features like smart contract capabilities, DeFi options, and user-friendly development tools.

Everything from token creation to lending and staking is ready, and these will go live with the mainnet. No delays, no placeholders. As stated by CEO Antony Turner, "What’s unveiled today represents months of focused work—progress in decentralization, improved scalability, and stronger network security."

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The team has confirmed that over 10 exchanges are lined up for listings, which could drive further traction. With the Testnet active and the current batch priced at $0.0248, momentum is building fast. The path toward $1 is becoming more realistic by the day.

Turner summed it up clearly: "We’re more than just a project; we are defining a new phase in decentralization."

The practical use of BDAG is immediate, not a future promise. At its current price, the journey to $1 holds strong potential, and the early access window is closing quickly.

Final Remarks!

Avalanche has potential upside if the ETF gets approved, but any gains depend on regulatory clearance. While the charts indicate a possible rebound, it still needs support from external catalysts. XRP, despite legal progress, is under pressure from rising supply and cooling interest. Market response has been underwhelming, which sends a clear signal.

BlockDAG takes a different approach—it’s not leaning on assumptions. Keynote 3 gave clear updates: a functioning Testnet, full DeFi tools ready for mainnet, and confirmed listings on more than 10 exchanges. The project isn’t reacting to trends; it’s setting them. Its combined DAG and Proof-of-Work model ensures speed, reliability, and decentralization from day one—not years down the line.