With $207M Raised, Is BlockDAG Building Faster Than Ethereum Did? XRP Price Signals Strength

XRP price is showing signs of upward movement, and market analysts are paying close attention. Holding above $2 could open the door to a rally toward $15.

XRP price is showing some strength above the $2 support level, and this move has not gone unnoticed by market analysts. They are now setting their sights on a potential rally toward $15. Meanwhile, fresh on-chain data reveals that large holders, known as whales, have been busy accumulating Ethereum. In less than a week, they've scooped up 420,000 ETH, sparking anticipation of an ETH price uptrend.

However, discussing this further leads us to a surprising finding. While everyone is focused on Ethereum’s journey from a $18 million ICO in 2014 to becoming a leading smart contract platform, another project appears to be blazing through milestones even faster.

BlockDAG (BDAG) has already raised $207 million in its ongoing presale, quickly outpacing the initial growth of Ethereum. Interest from both developers and buyers continues to pour in, and analysts are setting a price target of $1 this year—making it a strong contender for the best crypto to buy in 2025. But first, let's take a closer look at the latest developments with XRP and ETH.

XRP Price Could Explode Toward $15 as Institutional Activity Surges

The XRP price has managed to stay afloat above the critical support zone at $2. This move has not escaped the notice of crypto analysts, who are beginning to factor it into their predictions.

According to Ben Armstrong, a crypto analyst and influencer known for his bold predictions, the XRP price is showing promise after a breakout from a symmetrical triangle on the monthly chart. Historically, this pattern has often been followed by significant rallies in the past.

In the past 48 hours, institutional players have been busy accumulating large amounts of XRP. They've picked up more than 150 million XRP, showcasing their increasing interest in the token.

With rising adoption of the XRP Ledger in international finance and speculation around a future ETF approval, momentum for the XRP price could gather quickly in the coming months. If market conditions align, the XRP price has room to rally all the way to $15 over the next few months.

Ethereum Price Rally in Sight as Whales Make Massive Moves

On-chain data from Santiment reveals that whales have been busy accumulating Ethereum. In just five days, they've managed to pick up over 420,000 ETH.

This level of activity is significant because it usually signals the beginning of an Ethereum price rally. When large holders, such as whales, begin accumulating a specific asset, it often leads to a reduction in supply on exchanges. This scarcity can, in turn, exert upward pressure on prices.

However, it's worth noting that Ethereum is still trading below the key psychological price point of $2,000. For bulls to gain the upper hand and for a sustained uptrend to emerge, this resistance level will need to be reclaimed.

But if the current trend of institutions and whales accumulating ETH continues, we could see the tide begin turning in the coming weeks, shifting market momentum in favor of the altcoin.

BlockDAG's Presale Surpasses Ethereum's ICO—Could It Become the Next Big Thing?

In 2014, when discussing a project that would raise $18 million via an initial coin offering (ICO) and spawn a project valued at $500 billion at its peak, most would have scoffed. Yet, this scenario unfolded with Ethereum.

Now, another project is blazing through milestones at an even faster pace. BlockDAG has already surpassed the $207 million mark in its ongoing presale—before its mainnet has even gone live. This speed of growth has quickly attracted interest from both developers and buyers.

A partnership with HackerEarth is expected to bring over 10,000 developers into the BlockDAG ecosystem through a series of international hackathons. These events will provide a platform for developers to contribute to the project and build on the BlockDAG technology.

Meanwhile, SpaceDev is managing the onboarding efforts and helping to allocate funds from a $30 million grants program. This initiative will offer support ranging from $10,000 to $100,000 to individuals and teams to develop and launch projects on BlockDAG.

The goal is to foster innovation and expand the BlockDAG ecosystem with a diverse range of applications. These efforts are laying the foundation for long-term development and adoption of the BlockDAG platform.

The project's value has already seen a remarkable surge of 2380%, climbing from $0.001 in Batch 1 to $0.0248 in Batch 27. With 18.8 billion coins sold and targets of $1 by 2025 and over $20 by 2027, the growth outlook is substantial.

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