BlockDAG Presale Nears Final Stage with $442M Raised, While XRP and Cardano Trade Sideways

3 hour ago 4 sources neutral

Key takeaways:

  • The urgency of BlockDAG's final presale phase capitalizes on scarcity, but post-listing performance will test real demand versus presale hype.
  • XRP and ADA's consolidation reflects a market awaiting major catalysts like ETF approvals, highlighting a risk of continued stagnation.
  • Large holder accumulation of LINK suggests a bullish supply squeeze, yet its price remains constrained by broader altcoin market sentiment.

The cryptocurrency market is exhibiting divergent dynamics, with established assets like XRP and Cardano trading within narrow ranges while the BlockDAG (BDAG) presale enters its final, urgent phase. The presale is set to close on January 26, with only 3.1 billion BDAG coins remaining at a price of $0.003. Upon launch, the price is scheduled to rise to $0.05, representing a potential 1,566% gain for presale participants.

BlockDAG has raised over $442 million across 35 presale batches, demonstrating significant investor interest. The project reports an active ecosystem with more than 21,000 X-Series miners sold and over 3.5 million users on its X1 mobile mining app. Miner sales have concluded, adding to the scarcity-driven urgency for the remaining coins. The project's official exchange listing is scheduled for February 16.

Meanwhile, XRP (XRP) is trading cautiously in the low-to-mid $2 range, facing resistance near $2.28. Its near-term price action is heavily influenced by Bitcoin's market dominance, with technical indicators suggesting continued consolidation and high volatility. Analysts reference XRP price predictions for 2026, which indicate sideways movement is likely absent a major catalyst.

Cardano (ADA) is similarly range-bound, fluctuating between $0.39 and $0.41. Market attention is focused on the potential approval of the first spot ADA Exchange-Traded Fund (ETF), which analysts note could be a key factor influencing future demand and liquidity. For now, technical analysis suggests ADA has yet to break through mid-term resistance, pointing to continued consolidation.

In a separate market update, Ethereum (ETH) is trading stably between $3,100 and $3,300, supported by increased staking activity and reduced validator exits. Chainlink (LINK) is holding around $13–$14, with notable accumulation by large holders who have withdrawn over 700,000 LINK from exchanges, tightening circulating supply.

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