BlockDAG Launches $0.10 Buyback Program Amid XRP Struggles

BlockDAG has launched a $0.10 buyback program, which is set to run until October 2026. This program aims to absorb supply and has already processed the return of 1 billion coins from the protocol treasury.

Current market analysis indicates that XRP is testing a critical support level at $1.13, which is essential for maintaining its price structure. A failure to hold this level could lead to a bearish trend, with potential support targets dropping to $0.70.

Meanwhile, Chainlink is attempting to consolidate around the $7.80 level, balancing immediate sell-side pressure. The broader market is experiencing a deceleration in altcoin trade volume, with XRP's price movements closely correlated to macro trends rather than independent recovery patterns.

Analysts suggest that XRP's near-term price prediction remains highly dependent on defending the $1.13 support level to prevent deeper downward price discovery.