The crypto community is energized with news: BlockDAG announces a $600 million fundraising goal, and XRP heads towards the $3 mark.
XRP Breakout and $3 Target
XRP has surpassed a critical resistance zone, moving past its 50-day exponential moving average, sparking discussions of a potential bullish rally. Trading volumes are rising alongside the price, with analysts pointing to $2.80 and possibly $3 if strength continues.
Nevertheless, there remains the unresolved issue of developer activity—a lack of meaningful growth in decentralized apps. Unlike modern Layer-1 blockchains with rich ecosystems, XRP remains tied to enterprise use cases.
BlockDAG: Raising $600M
The third keynote by BlockDAG marked a significant step forward, with the project already raising $208 million from over 170,000 holders and aiming for $600 million to support real infrastructural developments.
"We’re not merely constructing a new blockchain—we’re building a fast, scalable platform," stated CEO Antony Turner.
Security and Architecture of BlockDAG
BlockDAG's architecture is built on security and protective mechanisms. Various protection layers have been integrated, with audits completed by Certik and Halborn. The use of a Directed Acyclic Graph allows for the avoidance of delays.
"Security is the bedrock upon which we’ve built everything," highlighted Youssef Khaoulaj.
While the community's attention is drawn to XRP's short-term price shifts, the most significant changes are brewing in the space being shaped by BlockDAG. Having already raised over $208 million with a clear $600 million target, BlockDAG showcases its readiness to project its development as a significant player in the ecosystem.
