BlockDAG (BDAG) Mobile Mining App Hits 1M Users

Some are focused on long-term plans, while others look at the short-term XRP price range between $1.61 and $2.04. Binance Coin (BNB) also fell below a key support at $560, raising concerns about what happens if $500 breaks next.

Traders are closely following the market this week with several key trends emerging. In the world of XRP news, there's a renewed focus on Ripple's move to tokenize real-world assets (RWA). Some analysts are placing emphasis on long-term plans, while others are keeping a close eye on the short-term XRP price range, which is currently trading between $1.61 and $2.04.

Binance Coin (BNB) fell below a key support level at $560, which could be a cause for concern among traders. If the price breaks below the $500 mark, the next level of support could be at around $450, a price point that hasn't been seen in over a year.

On a lighter note, BlockDAG's mobile mining app just hit 1 million users. The app is known for its simplicity and strong earning potential, making BDAG one of the most talked-about crypto coins today. This is further supported by the fact that its presale has raised over $214 million and early users have seen returns of up to 2,380%.

XRP News: Tokenization Drives New Focus

XRP news is shifting as both Ripple CEO Brad Garlinghouse and lawyer John Deaton support using XRP for real-world asset (RWA) tokenization. Garlinghouse believes blockchain can help make traditional assets easier to access.

However, not all XRP news is upbeat. The token dropped from $2.15 to $1.61 this week, with bearish signals like back-to-back death crosses on the MACD. A golden cross pointed to a possible rebound, but analysts at Benzinga remain cautious.

Traders are watching to see if XRP can break above $2.04 again or if it will dip to $1.58. If the bulls can push through the $2.15 resistance, the next level to watch could be around $2.8.

BNB Price Struggles as Traders Watch Key Levels

The Binance Coin (BNB) price fell below the $560 level, which had been providing strong support for the token. Some traders attribute this weakness to worries over centralization and the network's close ties to Binance.

However, BNB remains one of the busiest tokens in DeFi, aided by the strong performance of PancakeSwap and the growth of stablecoins. Since early 2024, over $2.5 billion in stablecoins have flowed into the BNB Chain.

Earlier this week, BNB touched the $500 mark, a level that many traders will be watching closely, especially with interest from institutions like VanEck in launching crypto ETFs.

If the price breaks below the $500 psychological barrier, the next level of support could be at around $450, a price point that hasn't been seen in more than a year.

Mobile Mining Milestone as BlockDAG App Crosses 1M Users

BlockDAG's X1 App just reached a new mark—1 million users now mining daily. This growth is powered by two user-focused features: a referral program and a live leaderboard.

People earn more BDAG by inviting others, and the leaderboard adds a fun challenge that keeps users engaged. The app is now seen as one of the easiest ways to get into crypto mining—no special gear needed. Just open the app once every 24 hours on iOS or Android to collect up to 20 BDAG.

BlockDAG's coin sale is also progressing quickly. So far, it has raised over $214 million and sold more than 19.2 billion BDAG coins at a current price of $0.0248 in batch 27. Early miners and buyers have seen returns of up to 2,380%, which has caught the attention of many who are tracking its rapid progress.

This mix of value and mobile access has helped BlockDAG stand out in today's oversaturated crypto space. The X1 app is only 50MB, installs easily, and doesn't drain the phone's battery, making it ideal for everyday users. With the Mainnet launch coming soon, those gathering BDAG now may have more options once trading starts.

Shifting Trends as Top Crypto Coins Battle for Attention

Crypto trends are constantly shifting. XRP news is back in focus as both Ripple CEO Brad Garlinghouse and lawyer John Deaton showed support for using XRP for real-world asset (RWA) tokenization. Garlinghouse believes blockchain can help make traditional assets more accessible.

However, short-term traders are keeping an eye on technical signals. XRP dropped from $2.15 to $1.61 this week as several bearish chart patterns emerged, including back-to-back death crosses on the MACD. On the other hand, a golden cross on the same indicator pointed to a possible bullish rebound.

Analysts

News data source: kdj.com

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