Ethereum Drops as Regulatory Uncertainty Weighs In, BlockDAG Maintains Momentum

Ethereum’s price has fallen below $1,600 following delays in the SEC’s decision regarding an Ethereum ETF. This regulatory uncertainty has sparked concern among investors, reflecting a broader trend of market volatility. Meanwhile, Ripple’s XRP whales have been unloading substantial amounts of their holdings, raising questions about short-term stability. On the other hand, BlockDAG is steadily building momentum with its post-mainnet staking plan. The project has raised over $217 million in presale funding and is actively preparing for launch, offering a clear roadmap to success.