Ripple’s XRP Faces Price Volatility; BNB Struggles Near Support as BlockDAG App Hits 1 Million Users

This week’s cryptocurrency market displays a contrasting trend: price volatility for established tokens like XRP while rising activity and user engagement are driving the momentum of newer projects. Ripple’s XRP token is seeing shifts in both its short-term price action and long-term vision as investors weigh its blockchain application for real-world asset tokenization. The price action has left some traders cautious, despite optimism from proponents like Ripple’s leadership. Meanwhile, Binance Coin (BNB) continues to navigate a challenging period with a dip below the $560 level, prompting discussions around its dependence on Binance’s core operations.