Ethereum Sees $20M Inflows, XRP Bullish Sentiment Strengthens, and BlockDAG Prepares for Its Highly Anticipated Hackathon!
**Ethereum Sees $20M Inflow, XRP Eyes $2.85 Breakout, and BlockDAG Presale Surges Past $203.9M**
The cryptocurrency market is buzzing with major developments as Ethereum (ETH) experiences renewed investor confidence, XRP inches closer to a key breakout level, and BlockDAG (BDAG) continues to dominate presale discussions with its upcoming Hackathon event.
#### **Ethereum Gains Market Momentum with $20M Inflow**
After weeks of outflows, Ethereum (ETH) has recorded a notable $20 million inflow, indicating a shift in market sentiment. The cryptocurrency is stabilizing around the $2,100 mark, fueled by growing investor optimism ahead of the **White House Crypto Summit**, a pivotal event that could influence regulatory discussions and price trends.
Additionally, open interest in Ethereum’s derivatives market has surged to $20 billion, reflecting increased trading activity. Analysts highlight key technical indicators, such as the MACD crossover, suggesting that Ethereum could be poised for further price gains in the coming weeks.
#### **XRP Faces Key Resistance at $2.85 Amid Bullish Momentum**
XRP continues to trade around $2.21 as bullish sentiment grows, with traders closely watching the critical **$2.85 resistance level**. A successful breakout above this mark could trigger a strong rally, pushing the price toward new highs.
However, analysts warn of potential downside risks due to a **Head and Shoulders** technical pattern that could signal a bearish reversal. If XRP fails to break above $2.85, traders will closely monitor the $2.00 support level to gauge whether momentum weakens or strengthens.
#### **BlockDAG Presale Booms as Hackathon Sparks Global Interest**
BlockDAG (BDAG) is making waves in the crypto space as it prepares to launch its highly anticipated **Hackathon Series** in partnership with **HackerEarth**. The event invites blockchain developers, startups, and crypto enthusiasts to showcase their skills and compete for BDAG rewards while contributing to cutting-edge innovations in **DeFi, NFTs, and gaming applications**.
BlockDAG’s presale is also gaining momentum, with over **$203.9 million raised**, edging closer to its ambitious **$600 million target**. Currently priced at **$0.0248 per BDAG token**, the project has sold **18.8 billion coins**, delivering a staggering **2,380% return on investment** for early supporters.
With growing excitement around its ecosystem and increasing developer participation, many in the industry believe BlockDAG could be a **top-performing cryptocurrency in 2025**.
### **Crypto Market Trends to Watch**
- **Ethereum’s inflows signal renewed confidence**, potentially setting the stage for further price gains.
- **XRP traders await a crucial breakout** at $2.85 that could drive a major rally.
- **BlockDAG’s Hackathon and presale continue to attract global attention**, solidifying its status as a leading contender for future growth.
As the crypto market evolves, investors and traders are closely watching these key developments, positioning themselves for potential gains in the months ahead.