XRP ETF Hype Grows with Ripple's Potential BlackRock Alliance

As buzz around a spot XRP ETF gains traction, market analysts have raised the likelihood of approval to 87%.

The cryptocurrency market continues to heat up as anticipation builds for a potential BlackRock-backed spot XRP ETF, especially following the legal victory that saw a judge rule in favor of Ripple regarding the classification of XRP sold on exchanges.

Analyst EGRAG Crypto stated that the odds of an XRP ETF reaching approval are now at 87% due to clearer regulatory direction and broader ETF interest. This represents a notable sentiment shift since Ripple’s partial court success in 2023, confirming XRP’s non-security status when sold on exchanges.

However, while the prospect of an XRP ETF is generating excitement and tying into Ripple’s broader goal of revolutionizing international payments, BlockDAG is making waves through its own unique initiatives.

During Keynote 3, BlockDAG CEO Antony Turner announced a $60,000 reward program tied to the project’s Beta Testnet, which will see 30 participants selected for recognition and contribution to the project’s development.

Instead of relying on projected outcomes, BlockDAG is showcasing what’s already functional. The latest reward and airdrop campaign invites users to engage with the ecosystem ahead of the mainnet launch, offering a hands-on experience and the potential for real returns. This event is open to all verified users and isn’t limited to high-volume participants or early adopters.

The Latest From BlockDAG As Token Generation Event Nears

The BlockDAG team has invited all verified users to join the testnet and begin interacting with the ecosystem ahead of the mainnet launch.

This isn’t a preview; the testnet is a replica of what the future BlockDAG network will offer, complete with smart contract functions, NFT creation, custom coin generation, and functioning mining nodes. Every verified user has also received an airdrop of 10,000 testnet BDAG coins, with a full vesting system in place.

“This lets us examine our vesting smart contracts in real scenarios and prepare for the Token Generation Event through practical trials,” Turner explained during Keynote 3.

Airdrop Details: A Week-by-Week Breakdown

Each user has been issued 10,000 testnet BDAG coins, which will be distributed in four installments over the course of four weeks. The timing is staggered to optimize user engagement and participation.

This rollout uses a smart contract–based vesting interface and is displayed in a user-friendly dashboard where users can monitor token balance and unlock timelines.

Rather than being a simple giveaway, this process introduces users to the actual workings of BlockDAG’s release mechanics. Although these testnet tokens carry no financial value, the platform is rewarding meaningful engagement and ecosystem participation.

$60,000 in BDAG Coins For Top Testnet Users

To further incentivize optimal contribution, BlockDAG is allocating $60,000 worth of BDAG coins to 30 participants who show outstanding performance during the testnet run.

The allocation is broken down as follows:

Each of these winners will receive $2,000 in BDAG coins, which will be issued on the live network after the Token Generation Event and exchange listings. They will also follow the standard vesting timeline like all presale coins.

The goal of this initiative is to encourage deep engagement and optimal contribution during the testnet phase.

The program is designed not just to test usage capacity but also to verify the protocol’s contract functions, miner interaction, and dashboard reliability before any real assets go live.

This move underscores BlockDAG’s commitment to fostering a vibrant and engaged community that plays a direct role in shaping the future of the protocol.

Final Thoughts

While the chance of a BlackRock-backed XRP ETF is high, nothing is finalized yet. Meanwhile, BlockDAG is progressing with real tools, actual user testing, and clear incentives.

With over $208 million raised, a working testnet, and a $60,000 reward initiative in motion, BlockDAG is moving forward quickly with user-centered development. As the countdown to the Token Generation Event continues, being involved now may be the most valuable decision anyone makes this year.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu