The crypto market continues to surprise traders with sharp price fluctuations. This analysis focuses on XRP, Ethena, and BlockDAG.
XRP Price Forecast: Can Bulls Break Above $3.20?
XRP is trading slightly above $3 as it stabilizes after recent volatility. Trading volume has decreased, with attention now focused on the $2.80–$3.20 range. A breakout above $3.20 could lead to a rise towards the $3.50–$3.66 range, while a drop below $2.80 could see XRP slide into the mid-$2.50s.
Ethena (ENA): Whale Activity Matters More Than Price
Ethena's price has been struggling, with trading volume thinning out, but large holders have acquired approximately 32 million ENA for about $24 million. This typically reflects long-term conviction as whales move their assets into cold storage.
BlockDAG: $396M Raised and 25.5B Coins Sold
BlockDAG has raised $396 million and sold over 25.7 billion tokens. The project utilizes a DAG-Proof-of-Work system capable of processing over 15,000 transactions per second. The X1 mobile miner app has onboarded over 2.5 million users, with a dedicated team driving its success.
Currently, XRP awaits a breakout, Ethena shows mixed signals, while BlockDAG has achieved notable investment and user growth. The upcoming movements in the crypto market will be key indicators for investors.
