With Ripple trading volume soaring by 235%, ARB price predictions appear bullish as the network attracts significant inflows, surpassing other Ethereum [ETH] Layer 2 solutions. Meanwhile, BlockDAG advanced to its 11th presale batch, unveiling an updated roadmap that sparked a surge in presale activity.
With over 8.8 billion coins sold and $24.7 million raised, the network now supports 10 payment methods, including Dogecoin, Shiba Inu, and Solana, enhancing user choice and making transactions easier. BlockDAG‘s developments appeal to a broad user base, showcasing its dedication to improving the digital payment experience.
XRP Price Surges Amid Rising Ripple Trading Volume
XRP prices surged, though they ended with a long upper wick, hinting at a crucial breakout. Bulls are aiming for a consistent break above $0.55, with hopes of maintaining those levels. XRP outperforms Bitcoin and Ethereum with a firm position and a 4% weekly gain. Trading volume topped $1.8 billion, up 235%, as the SEC-Ripple case moves closer to resolution. A potential settlement of around $100 million could further boost XRP.
The XRP Ledger is gaining traction, with over 4.3 million XRP locked in AMM liquidity pools, indicating rising confidence. If XRP maintains above $0.52, it could reach $0.55 and possibly $0.60. If momentum continues, targets could climb to $0.74 or higher. However, a dip below $0.46-$0.50 could result in a drop below $0.40.
Arbitrum Dominates Layer 2 Despite Ethereum Challenges
Arbitrum remains a leader among Layer 2 networks despite rising competition. It saw high inflows and surpassed Ethereum alternatives, as Token Terminal data shows. Daily active addresses rose from 250,000 to 400,000, with daily transactions reaching 1.5 million. However, DEX volumes decreased to $500 million from $2.2 billion, impacting TVL, which fell from $3.3 billion to $2.65 billion since March.
Fewer code commits and developers may hinder growth, but rising activity signals improvement. This trend emphasizes the importance of accurate Arbitrum (ARB) price predictions, given the Layer 2 network’s significance.
BlockDAG: Presale Success, Mainnet Launch, and Payment Ecosystem Expansion
BlockDAG advanced to its 11th presale batch, raising $24.7 million and distributing 8.8 billion coins. Experts predict a 30,000x return on investment after launch. With a milestone target of $600 million by 2024, the updated roadmap reveals a mainnet launch four months ahead of schedule.
The roadmap details key milestones, including the X1 mining app, whose beta version launches on June 1st. Starting with a user-friendly wireframe and UI design, it will guide users through a smooth onboarding process, culminating in a community section for support and interaction. These steps underscore BlockDAG’s commitment to growth and user engagement.
BlockDAG expanded its payment ecosystem to support ten cryptocurrencies, including Bitcoin, Solana, Dogecoin, Shiba Inu, Fantom, and others. This addition improves network accessibility and functionality for a diverse range of investors. By integrating these assets, BlockDAG enhances its versatility and flexibility, emphasizing inclusivity and innovation.
Takeaway
As Ripple trading volumes soar and optimistic ARB price predictions attract attention, BlockDAG’s updated roadmap showcases the X1 app, hailed as the best crypto mining tool, and other innovative features. By adding over eight new payment options, including Dogecoin and Solana, BlockDAG is paving the way for a more dynamic digital economy.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu