Ethereum Plummets, XRP ETF Odds Surge as BlockDAG Launchpad Sparks Growth

The cryptocurrency market is experiencing a volatile period, marked by significant price fluctuations. Ethereum (ETH) has taken a sharp downturn, shedding over 65% from its peak in early 2024, now hovering around $1,400. However, amidst this market uncertainty, new developments are emerging, particularly in the realm of decentralized applications and developer activity. Ripple’s XRP is gaining momentum, with hopes rising for a spot ETF approval from the SEC by 2025, which could potentially propel its price to between $10 and $17 by mid-2025. Meanwhile, BlockDAG (BDAG) is positioning itself as a strong contender in the crypto space. The project has secured over $215 million during its presale, fueled by a Developer Launchpad designed to attract and support blockchain developers.