XRP ETFs Gain Ground as Spot Approval Momentum Builds

In contrast to both, BlockDAG (BDAG) is focused on long-term buildout rather than short-term moves. Its latest partnership with SpaceDev

The cryptocurrency market continues to be a dynamic space, with various projects advancing at different paces. While some, like BlockDAG, are focused on long-term buildout, others, like Cardano, are facing steeper paths.

The scene is set for a significant shift in the cryptocurrency landscape as ProShares edges closer to launching its XRP futures ETF.

With the launch date set for April 30, and the application now being updated to reflect the change, the focus is on futures and swaps tied to XRP, rather than holding the token itself.

This development comes as no surprise, given the recent buzz surrounding XRP ETFs. Notably, XRP now ranks ahead of Solana in the ETF approval race, thanks to high trading liquidity, renewed U.S. exchange listings, and the introduction of leveraged funds.

Moreover, multiple asset managers, including Grayscale and 21Shares, have already submitted applications for spot XRP ETFs, further increasing the momentum.

However, while XRP is gaining traction in the ETF space, another cryptocurrency, Cardano, finds itself heading in the opposite direction. Following a 6% decrease within 24 hours, Cardano’s price has dropped to $0.60.

This recent Cardano price decline is attributed to significant selling pressure from long-term holders, leading to a shift in investor sentiment.

Concurrently, trading volume has risen by over 12%, suggesting active repositioning by market participants. Technical indicators, such as the Relative Strength Index remaining below 50, further reinforce the bearish outlook.

If the price falls below the $0.57 support level, the Cardano price decline could extend further, potentially testing lower thresholds in the coming days.

In a space known for big talk and light delivery, BlockDAG is putting its energy into real, measurable progress. The recent partnership with SpaceDev shows that BlockDAG isn’t focused on hype—it’s laying the technical foundation needed to build a top-tier Layer 1 network.

SpaceDev brings proven technical talent to the table, helping BlockDAG refine its core systems and scale its infrastructure. That kind of backing matters when the focus is on building a blockchain network that can actually handle growth. This partnership feeds directly into BlockDAG’s goal of launching more than 1,000 decentralised applications by 2026. Having SpaceDev involved means the team can roll out tools, apps, and system upgrades faster and more reliably.

Instead of worrying about whether the network can keep up, developers get a smoother path to mainnet launch. That level of support is a big reason why BlockDAG is starting to earn recognition as one of the top rated cryptocurrencies—not because of buzz, but because the tech is coming together in real time.

The progress made on the development front is already showing up in the BDAG coin’s performance. BlockDAG’s presale has become the fastest-moving in the space, with $214.5 million raised and more than 19.2 billion BDAG coins sold so far. The coin’s value has jumped 2,380% since the first batch, rising from $0.001 to $0.0248 by batch 27.

As SpaceDev helps speed up the technical work, BlockDAG gets closer to launching its mainnet. Once that launch happens, these early presale prices will be gone for good. The work happening now is setting the stage for a full public rollout—by then, getting in at these levels won’t be an option.