May 2025 has drawn attention to key cryptocurrencies, including Ethereum and XRP, along with the rapidly growing BlockDAG project. This article provides an overview of market conditions.
Ethereum Holds at $1,800
Ethereum (ETH) is firmly holding around the $1,800 mark, which bulls defended throughout late April. This is taking place amid reduced futures liquidations, suggesting a market balance. On-chain data indicates renewed activity from whales, with major wallets acquiring over 130,000 ETH in a single day, reflecting confidence in a possible upward price movement.
XRP Nearing Breakout on ETF Sentiment
XRP is currently trading around $2.22, maintaining support above $2.20. While it has struggled to break out of a long-term downward trend, an increasing positive momentum and growing interest in a potential ETF approval are raising optimism. The likelihood of ETF approval has increased from 65% to 85%. If XRP breaks through its current resistance, it could quickly move to the $2.80–$3.00 range.
BlockDAG Shows Significant Progress
BlockDAG's presale has topped $227 million, with the coin priced at $0.0019 until May 13. This sets the stage for significant returns. The unique Buyer Battles format encourages participation, allocating 25 million coins daily among buyers. BlockDAG is also demonstrating real progress with the launch of its Beta Testnet and community engagement initiatives.
Ethereum continues to establish its market position, XRP is seeing improvements thanks to ETF discussions, and BlockDAG showcases impressive progress with tangible results.
