2024 is shaping up to be a crucial year for crypto, with XRP’s SEC case poised to be a market-moving event. A positive verdict could boost XRP price predictions to new highs. But not all is bullish — Ethereum revenue has taken a hit, signaling potential bearish trends for ETH. Amid this uncertainty, traders are shifting focus to long-term potential projects. One standout is BlockDAG, a layer 1 crypto making waves. With over $71.6 million raised and early backers enjoying 1680% profits, BlockDAG isn’t slowing down with potential to deliver more than 30,000x ROIs in the long runs. Major deals with Inter Milan and Borussia Dortmund, plus coverage from Fox News, are putting this network on the map, with even more big moves rumored to be in the works.
XRP Price Prediction and SEC Case Impact
XRP is currently trading between $0.50 and $0.64, as the market waits for the outcome of Ripple’s legal battle with the SEC. In August, Judge Analisa Torres ordered Ripple to pay a $125 million fine, significantly lower than the $2 billion initially demanded. Following this ruling, XRP surged by 31%, though the price later retraced and is now consolidating.
With the XRP price prediction looking to break above $0.64, liquidity remains a key factor. Whale investors are watching closely, and should the price push through resistance, an 18% profit opportunity could emerge. However, if bearish trends prevail, XRP might drop below $0.50. The ongoing SEC case remains a significant driver of price volatility, as traders brace for further developments.
Ethereum Revenue Drops Amid Layer 2 Growth
Ethereum revenue has seen a significant decline in 2024. After reaching over $500 million in March, revenues plunged below $100 million by May. Daily earnings also fell sharply from $36 million to just $199K. This drop is largely attributed to the introduction of “blobs,” a scaling update that allows Layer 2 solutions to handle transactions more cheaply, reducing the fees on the Ethereum base layer.
The shift to Layer 2 networks has led to a decline in gas fees, affecting Ethereum’s overall revenue. Some community members have suggested raising blob fees to restore Ethereum’s deflationary status, but opinions are mixed. Despite these challenges, Layer 2 networks are thriving, with transaction counts hitting new highs. Whether Ethereum can regain its financial strength amid this transition remains a key question for investors and analysts.
BlockDAG Gets a Shout Out from Fox News
BlockDAG is making big moves in the world of sports! They’ve scored a massive $10 million deal with Borussia Dortmund, putting their brand all over the team’s stadium and social media. But that’s not all—they’ve also partnered with Inter Milan for $5 million, making waves as one of the hottest crypto projects this year. These deals are huge, placing BlockDAG right at the center of sports and crypto.
And it gets even better—Fox News recently featured BlockDAG, showing just how quickly this project is becoming a major player. This kind of media attention is a clear sign that BlockDAG is growing fast and gaining serious recognition. It’s not just hype—BlockDAG is proving it’s here to stay.
Thanks to these partnerships and the buzz from Fox News, BlockDAG’s presale has been a massive success. They’ve raised over $71.6 million, and early investors are seeing a whopping 1680% return! For a layer 1 crypto still in presale, that’s mind-blowing. Experts are also predicting BDAG to deliver more than 30,000x ROIs in the long run!
With all this momentum, BlockDAG is quickly rising to the top. Whether it’s in crypto or sports, BlockDAG is making its mark—and there’s no slowing down. If you’re looking for the next big thing, this is it!
Key Insights
XRP is waiting on a major regulatory decision, and Ethereum revenue is facing struggles with its evolving system. But BlockDAG is stealing the spotlight. With over $71.6 million raised in its presale and early investors seeing 1680% returns, this layer 1 crypto is moving fast. Big partnerships with soccer giants Borussia Dortmund and Inter Milan, along with a feature in Fox News, show BlockDAG’s growing influence. For investors eyeing the next big opportunity, BlockDAG’s rapid rise, backed by real numbers, makes it the project to watch. It’s poised for major success while others face uncertainty.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.