The crypto market shows mixed dynamics: XRP demonstrates steady growth, Solana awaits SEC decisions on its ETFs, while BlockDAG successfully accumulates funds in its presale.
XRP Trading Activity Reflects Market Interest
Ripple’s XRP is holding just above $3.00, which has become a focal point after the release of hotter-than-expected U.S. PPI data. Earlier this week, XRP peaked at $3.35 before retreating amid inflation concerns. Futures market activity has cooled, indicating diminished speculative appetite.
Solana Traders Await SEC Decision Mid-October
The SEC has once again delayed decisions on multiple Solana ETF applications, prolonging uncertainty for investors. Proposals submitted by companies like Bitwise and 21Shares remain under review until at least mid-October. Analysts note the cautious approach of the SEC towards crypto-based products.
BlockDAG Presale Momentum Grows
While XRP and Solana face uncertainty, BlockDAG is making significant progress, currently amassing over $380 million in its presale. Supported by live demonstrations of its app and miner, the project attracts attention for its transparency and generous terms for early investors.
XRP shows resilience, Solana faces delays, and BlockDAG thrives with its presale successes. Each showcases unique aspects of the evolving crypto market.
