XRP Targets $2.40, BNB Moves Toward $600, But BlockDAG's $215M Raise Redefines Top Crypto Picks

Learn how XRP and BNB are gaining momentum while BlockDAG’s $215M community-driven raise demonstrates the power of transparency and real progress in crypto.

Two pivotal dates for Ripple (XRP) are approaching, potentially putting the crypto in the spotlight once again. As April progresses, XRP and Binance Coin (BNB) continue to ride high on momentum fueled by legal developments and solid technical foundations. But beyond these price movements, BlockDAG is charting its own path—a prime example of how community-driven funding can outpace traditional models.

As market momentum builds, so does the hunt for standout opportunities—and April has delivered plenty. Ripple (XRP) is back in the spotlight with two crucial milestones and global payment updates, hinting at a potential climb toward $2.40. Meanwhile, Binance Coin (BNB) is holding steady near the $600 mark, despite the fallout from the Mantra (OM) crash.

But it’s BlockDAG (BDAG) that’s really shifting the narrative. Steering clear of any institutional funding, it has secured over $215 million solely from its community. In a landscape where noise often overshadows substance, BlockDAG’s open, VC-free approach is raising the bar for credible crypto platforms.

Ripple (XRP) Aims for $2.40 with Legal and Global Developments Ahead

Ripple (XRP) returns to the scene as two pivotal dates approach. Chart watchers are focused on an ascending triangle—a classic technical setup that could launch XRP toward $2.40 if it breaches the current resistance around $2.22. A confirmed breakout here could open the door for stronger upward momentum.

The first key date is April 16, marking the deadline for Ripple’s final response in its high-stakes SEC lawsuit. A strong reply could further encourage exchange listings and boost overall sentiment towards XRP. Just days later, on April 21, attention shifts to SWIFT. Having completed interoperability tests with Ripple, the global payments giant is expected to provide an update on these developments.

While these events spark optimism, on-chain data presents a more nuanced view. Active wallet addresses are decreasing, and network growth has slowed—suggesting caution may still be warranted. Additionally, a high MVRV ratio, which measures the ratio of market value to realized value, indicates that many holders are in profit, increasing the risk of short-term sell-offs.

News data source: kdj.com

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