Crypto NewsSponsoredMassive Adoption Seen in BlockDAG After Beta Testnet Launch—ADA Targets $0.85 as...

Massive Adoption Seen in BlockDAG After Beta Testnet Launch—ADA Targets $0.85 as Ripple Reduces SEC Fine

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When testnets transition into genuine adoption platforms, they become more than experimental zones—they turn into catalysts. Cardano is on the verge of a surge with positive market indicators and heightened long-term holder interest. Ripple is finalizing legal issues with a smaller SEC fine, providing regulatory clarity but minimal expansion in immediate applications.

BlockDAG (BDAG) is leveraging its Beta Testnet as a comprehensive ecosystem trial—facilitating user and developer activity, rolling out smart contracts, and integrating miners and users. With 19 billion coins already sold and $210.5 million collected in its presale, BlockDAG’s practical application of its testnet goes beyond theory, serving as a real-world model for blockchain’s immediate future.

Cardano Eyes for Breakout

Cardano (ADA) is currently trading between $0.699 and $0.75. A strong push beyond $0.76 could lead to a 13% price jump, aiming for $0.85. The 200-day Exponential Moving Average (EMA) at about $0.75 acts as a resistance point. Additionally, the Relative Strength Index (RSI) near 60 signals a possible uptick.

Meanwhile, traders have significant positions at $0.712 and $0.76, totaling $18.25 million in longs and $8.50 million in shorts. A rise above $0.76 might clear these shorts, propelling further advances. Ongoing withdrawals of ADA from exchanges since March 13 suggest accumulation by steadfast supporters, bolstering a bullish stance.

Ripple Lawsuit Settled

Ripple Labs has settled its lawsuit with the U.S. Securities and Exchange Commission (SEC), agreeing to a reduced fine of $50 million from the initial $125 million. This settlement, awaiting confirmation from both the SEC and the judge, closes a crucial chapter in ongoing discussions between regulatory entities and the crypto industry.

Ripple has not conceded any legal errors in this settlement. Additionally, the SEC has withdrawn its appeal on a previous decision that XRP tokens traded on public exchanges are not securities. This resolution is a key development for Ripple and could impact the regulatory framework for digital currencies.

BlockDAG Beta Testnet: Pioneering Real-World Use

BlockDAG’s “Primordial” Beta Testnet is more than a testing ground—it’s a hub of active development. Developers are now deploying smart contracts, testing features, and using tools like a bespoke IDE, blockchain explorer, and wallet setup guide. Concurrently, miners and users engage in competitions with rewards of $2,000 in BDAG for top performers in transactions, mining, and wallet holdings.

Additionally, the testnet is accelerating user engagement. Each participant in the presale is granted 10,000 test tokens, which mature over three weeks and can be tracked via a specialized dApp. This strategy encourages real interaction ahead of the mainnet launch.

On the funding front, the momentum of the crypto presale is impressive. More than 19 billion coins have sold, amassing $210.5 million. Currently, in its 27th batch priced at $0.0248, the project boasts a 2,380% ROI from the first batch.

With its EVM compatibility and comprehensive support infrastructure, the testnet serves not merely as a rehearsal but as a launchpad for BlockDAG’s ambitious future.

Pioneers of Progress: BlockDAG Versus the Rest

While Cardano focuses on potential price escalations and Ripple concludes its regulatory negotiations, BlockDAG rigorously tests its network in real-world scenarios. This isn’t just about validating technology—it’s about readying the community of users, developers, and miners for a fully operational mainnet.

With incentives directly linked to active participation and tools already available for deploying contracts, BlockDAG’s testnet is far from just a temporary setup—it’s a critical component of their offering. As other blockchain initiatives balance visibility with practical utility, BlockDAG’s proactive approach during its Beta phase demonstrates it’s not merely preparing for mainnet functionality—it’s already proving its capabilities.