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Analysis of the Current State of XRP and Solana Amid Successful Launch of BlockDAG

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by Giorgi Kostiuk

4 hours ago


Cryptocurrencies XRP and Solana remain in the spotlight; however, their development is currently stalled. Meanwhile, the BlockDAG project is gaining traction.

Solana Price Movement: ETF Hype, But No Breakout Yet

This week, Solana has been volatile. After hitting $168, it slipped back to the $146-$148 range. A double bottom around $147 sparked hope, but the coin could not break through resistance at $161. Exchange inflows are on the rise, indicating growing sell pressure, while ETF chatter from firms like Bitwise and 21Shares contributes some optimism.

Analysts believe reclaiming the $165-$166 range with substantial volume could pave the way towards $180 or even $200. For now, however, Solana's price movement remains confined between $140 support and $165 resistance.

XRP Price Movement: All Eyes on June 16 Court Decision

XRP's price movement has stalled after briefly pushing above $2.30. Now trading at $2.17, it sits just above its 200-day EMA at $2.12, a level that could break towards $2.05 or even $1.76 if pressure builds. On-chain signals are mixed: Ripple recently moved 498 million XRP, while institutional flows show signs of pullback.

The next major catalyst arrives on June 16 with the SEC court ruling, followed by potential XRP ETF approval on June 17. Analysts are divided; a clean break above $2.30 could lead to $2.50+, while failure to hold $2.12 might trigger a sharper downside. Until then, XRP’s price movement remains in suspense.

BlockDAG X1: Mining Made Simple, No Setup Needed

While XRP and Solana await legal clarity and ETF green lights, BlockDAG is pushing forward with tangible results. Its X1 mobile mining app is already live, functional, and gaining traction. Over 2 million users are mining BDAG coins simply by tapping their screens, without KYC, wallet setup, or technical steps—just install, tap, and earn. This simplicity has opened doors for first-time crypto users who were previously shut out.

While Solana and XRP wait for external events, BlockDAG is already active, providing users with opportunities to mine coins from day one. This rare chance allows those who missed early waves of cryptocurrency to quickly enter the game without friction.

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