Ethena Drops, XRP Charts $5 Path, and BlockDAG Goes Big!

Crypto traders are once again caught in a tug-of-war between caution and optimism. Volatility has returned to the scene, impacting both older giants and newer contenders.

Ethena (ENA) is facing downside pressure, making traders nervous about short-term strength. In contrast, XRP shows signs it might rally if certain triggers align, especially legal clarity. These two moves reflect the current climate, uncertainty, but with a clear appetite for recovery plays.

That said, the real buzz now surrounds BlockDAG. With a massive showing planned for its Singapore Deployment Event, the project is using timing and visibility to full advantage. A special $0.0013 price is also live in celebration of the upcoming event. The stage is set for BlockDAG to dominate the narrative heading into 2025.

Ethena Drops to $0.61, XRP Eyes $5, BlockDAG Races Past $396M as Huge ROI Draws Traders In! 1

Ethena Drops to $0.61 Under Selling Pressure

Ethena has pulled back to the $0.61 mark, showing a mild decline over recent sessions. The project, once praised for its stable synthetic dollar system, is now contending with sell pressure from major holders. This shake-up has knocked momentum sideways, raising short-term uncertainty.

Still, ENA holds a market cap of over $4 billion, showing that institutional interest hasn’t fully disappeared. Its USDe model continues to function reliably, and many believe that if overall market conditions turn around, ENA could quickly recover lost ground. For now, however, traders are watching closely to see if current price levels hold or break further.

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Despite the dip, Ethena’s fundamentals remain intact. But the latest volatility is a reminder that even sound DeFi projects aren’t immune to market swings. Caution is likely to remain the dominant sentiment until clearer signals emerge.

XRP Stays Near $3, Breakout in Sight?

XRP is hovering near $3, with analysts pointing to the $3.40–$3.50 range as the critical resistance to watch. If XRP can breach this barrier, it may unlock a path toward $4.50 to $5.00 within the next 12 months. That upside hinges on a few key developments.

Chief among them is regulatory clarity. Ripple’s ongoing legal battle continues to hold sway over market confidence. Any favorable outcome could serve as a significant catalyst for renewed momentum. Meanwhile, XRP’s continued role in global payment flows and remittances gives it a practical use case few other coins can match.

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Market watchers believe XRP could see higher levels in 2025 if adoption widens and court outcomes shift. Until then, the price is expected to trade within its current band, waiting on a breakout event.

X1 App and Special Price Fuel BlockDAG Hype

BlockDAG is set to take the main stage at its Singapore Deployment Event. To celebrate this event, BlockDAG has launched a limited-time 0.0013 special price, valid for only a short period.

This campaign connects massive visibility with direct special prices, and the timing couldn’t be sharper. So far, over 25.9 billion coins have been sold, raking in $396 million in total. And those who joined in Batch 1 at $0.001? They’ve already seen a 2,900% return compared to today’s rate.

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Adoption is keeping pace, too. BlockDAG’s X1 Miner App has attracted 3 million users worldwide, a massive milestone ahead of launch. Its unique hybrid structure, combining Proof-of-Work and DAG technology, lets the network handle 15,000+ transactions per second without sacrificing decentralization. Throw in the expanding dev ecosystem, thousands of mining units shipped, and upgraded features like Dashboard V4, and it’s clear BlockDAG isn’t slowing down.

Wrapping up

Ethena’s recent slide shows how quickly sentiment can shift, even for well-designed projects. XRP, meanwhile, continues to tread water, but momentum could build if legal rulings fall into place. These stories reflect a market still in flux, where timing and clarity matter more than ever.

And then there’s BlockDAG, clearly playing a different game. With $396M raised, 25.9 billion coins sold, a confirmed $0.05 launch price, and a $0.0013 Batch 30 stage now live, it’s combining traction with visibility.

The $0.0013 special price, its upcoming Deployment Event, and 3 million X1 users give it a powerful push into 2025. For those tracking real-time adoption and high-growth potential, BlockDAG is easily one of the top crypto stories right now.