2024-05-11 18:43:09
With Ripple trading volume increasing by 235%, the ARB price prediction projects a bullish trend as it managed to see one of the largest inflow volumes, outperforming other layer 2 options on the Ethereum network [ETH]. Recently, BlockDAG has moved into its 11th pre-sale batch, accompanied by an updated roadmap, triggering an increase in pre-sale activity.
With more than 8.7 billion pieces sold and $24.6 million raised, the momentum is undeniable. Additionally, the network now supports 10 payment methods, including Dogecoin, Shiba Inu and Solana, expanding user choice and simplifying transactions. These developments cater to a diverse user base, reflecting BlockDAG’s commitment to improving the digital payments experience.
XRP Prices Rise Amid Rising Ripple Trading Volume
XRP prices surged yesterday but closed with a long upper wick, signaling a crucial breakout to the upside. Bulls anticipate continuation of the uptrend, targeting a breakout above $0.55 and sustained levels. XRP outperforms Bitcoin and Ethereum, maintaining a firm position and gaining 4% for the week. Trading volume exceeds $1.8 billion, up 235%, as SEC-Ripple case nears resolution.
Ripple could settle for around $100 million, strengthening XRP’s prospects.
The XRP Ledger is gaining traction with over 4.3 million XRP locked in AMM liquidity pools, indicating growing confidence. Trading above $0.52, XRP is targeting $0.55 and potentially $0.60 in the near term, with $0.74 or higher possible if bullish momentum persists. Conversely, a decline below $0.46-$0.50 could result in a decline below $0.40.
Arbitrum domine la couche 2 : augmentation de l’activité et défis affect Ethereum
Arbitrum remains dominant in Layer 2 despite new competitors, experiencing high inflows and outpacing alternatives on Ethereum, according to Token Terminal data.
Daily active addresses increased from 250,000 to 400,000, with daily transactions reaching 1.5 million. However, DEX volumes fell from $2.2 billion to $500 million, impacting TVL, which fell from $3.30 billion to $2.65 billion since March.
Decreasing code commits and the number of core developers could hamper growth, but the increasing activity suggests potential improvement. This trend highlights the importance of accurate Arbitrum (ARB) price predictions, as the popularity of Layer 2, like Arbitrum, supports Layer 1, particularly Ethereum.
BlockDAG: Presale Success, Mainnet Launch, and Expanding Payment Ecosystem
BlockDAG successfully moved to stage 11 of its crypto presale crypto presale, accumulating $24.6 million and distributing over 8.8 billion coins. Industry experts predict a substantial return on investment of 30,000 times after the official launch. With the $600 million milestone to be reached by 2024, the updated roadmap reveals BlockDAG mainnet launching 4 months ahead of schedule.
The roadmap discusses key developments in detail, including one of the best crypto mining apps, the X1, with notable mention of the beta launch on June 1st. Starting with a wireframe design and friendly user interface, followed by a seamless user onboarding process and culminating with a community section to improve user support and interaction. These steps highlight BlockDAG’s commitment to growth and community engagement.
Additionally, BlockDAG has expanded its payment ecosystem by integrating compatibility with ten major cryptocurrencies, such as Bitcoin, Solana, Dogecoin, Shiba Inu, Fantom and five others. This initiative aims to improve accessibility and functionality within the BlockDAG network, serving a wide range of investors and users. The integration of these digital assets enhances BlockDAG’s versatility and flexibility for users, underscoring its commitment to inclusiveness and innovation in crypto and reinforcing its status as a top investment choice.
Key to remember
As Ripple trading volume soars, optimistic ARB price predictions are attracting attention. BlockDAG’s recently updated roadmap showcases the revolutionary technology behind the X1, hailed as the best crypto mining app, as well as many other innovative BlockDAG features.
Additionally, BlockDAG is transforming transactions by introducing more than eight new payment options, including Dogecoin and Solana, paving the way for a more vibrant digital economy.
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