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Cryptocurrency News Articles

BlockDAG Nears $1 Target as Analysts Turn Bullish, XRP Holds Key Support, Dogwifhat Signals a Comeback!

Apr 24, 2025 at 07:00 am

The crypto market can be linked with volatility indefinitely. XRP is staying near an important level, and the latest XRP price analysis explains why $2.00 is such a key point.

BlockDAG Nears $1 Target as Analysts Turn Bullish, XRP Holds Key Support, Dogwifhat Signals a Comeback!

In the dynamic realm of cryptocurrencies, BlockDAG is emerging as a dominant force. Having already raised over $217 million in its record-breaking presale and observing a remarkable price surge of 2380% from the starting point of $0.001 to $0.0248 in Batch 27, BlockDAG has become one of the best-performing launches this year.

This ascent is unfolding ahead of major developments, including listings on 10 exchanges and the highly anticipated mainnet launch. According to CEO Antony Turner, these listings are already in progress and were confirmed during Keynote 3. He described it as a “launch for the record books,” highlighting the significance with which the team is approaching this rollout.

One of the strongest points in BlockDAG’s favor is its technological foundation. It runs on a layer-1 blockchain, combining a DAG structure with Proof-of-Work, which enables faster speeds and better performance. The system can currently process 2,000 transactions per second, and future upgrades are planned to reach 15,000 TPS, setting it far ahead of many platforms that are grappling with congestion and delayed transactions.

Another area where BlockDAG is making notable progress is in mining. The X1 Miner, a smartphone-based app, has generated over $6.9 million in miner sales, with more than 17,000 devices sold. This combination of accessibility and advanced utility is helping the project attract attention beyond the usual audience.

With the presale price still at $0.0248, the opportunity remains, but analysts suggest that it may not be available for long. If the projected $1 target is realized in 2025, BlockDAG could deliver one of the most remarkable price increases observed in this cycle.

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