The post MAGACOIN FINANCE Surpasses $16.5M Presale — Ethereum and XRP Whales Join Early Buyers for 100x Gains appeared on BitcoinEthereumNews.com.

The market is set for a rebound as strong players are returning to quality and early-stage names. While blue chips steady, a growing cohort of traders is chasing undervalued picks that can lead the next leg higher. MAGACOIN FINANCE is creating quite a buzz, with presale momentum already above $16.5M. This is creating real urgency among investors who want exposure before broader participation returns. Ethereum — Developer Flight to Quality Underscores Long-Term Strength New crypto developers are flocking to the Ethereum ecosystem, followed by Solana and Bitcoin, according to new data from Electric Capital. More than 16,000 new developers joined the Ethereum ecosystem between January and September this year, according to the Ethereum Foundation, which cited data from Electric Capital. Solana was the second most preferred destination for new developers, with more than 11,500 developers writing code for the ecosystem; however, a Solana Foundation representative said the data may be outdated. This makes the Ethereum ecosystem home to the most significant active developer base across all blockchain projects, with 31,869 developers. In comparison, Solana has the second-largest with 17,708 developers, and Bitcoin has 11,036 developers. Notably, the data for the Ethereum ecosystem includes the Ethereum layer-1 network along with layer-2 networks as defined by L2Beat, such as Arbitrum, Unichain, Optimism and more, and doesn’t double-count developers working for multiple networks within the ecosystem. XRP — Whale Address Growth Signals Renewed Confidence Recently, the on-chain data reveal that the number of wallets holding 10,000 or more XRP has reached an all-time high of 317,500 addresses. The activity of large wallets indicates that whales and mid-tier investors have confidence, even if the market is choppy. This accumulation may lead to a significant bullish breakout. In addition, the behavior of whales has preceded price recoveries. During the last 7 days, some XRP whales…

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Filed under: News - @ October 21, 2025 1:26 am