The use of cryptocurrencies in mainstream commerce is expanding, and Dogecoin is once again in the spotlight. With Ferrari now accepting DOGE payments in the United States, and market data showing strong network activity, Dogecoin is drawing attention from both retail and institutional investors. This development is seen during a period of renewed momentum and discussions about its broader financial role.
Ferrari Introduces Dogecoin Payments in the US
Ferrari has announced that it will now accept Dogecoin as a form of payment in the United States. This move adds to the automaker’s strategy of opening its doors to digital assets while appealing to a new customer base. The company had already signaled interest in cryptocurrency adoption, and Dogecoin joins other supported digital assets.
BREAKING: 🚨
🇺🇸 FERRARI NOW ACCEPTS $DOGE (DOGECOIN) PAYMENTS IN THE UNITED STATES pic.twitter.com/ruDa4qQPjk
— CEO (@Investments_CEO) August 22, 2025
The decision places Ferrari among global brands that are embracing digital currencies for luxury purchases. Buyers in the United States can now purchase selected Ferrari models using DOGE, alongside traditional payment methods. This step may encourage wider acceptance of cryptocurrencies within the high-end automotive sector.
Ferrari’s entry into cryptocurrency transactions comes at a time when digital payments are gaining traction across industries. Other automakers have also tested cryptocurrency payments, but Ferrari’s adoption of Dogecoin sets a new precedent for meme-inspired assets being used in major purchases.
Dogecoin Market Activity and ETF Rumors
Dogecoin is trading at $0.2172, with a market capitalization of $32.72 billion. Despite a recent drop in trading volume, its price has shown steady upward movement. The cryptocurrency has risen in value by 1.17% over the past 24 hours.
Talks of a possible Dogecoin exchange-traded fund (ETF) are adding to market activity. While the ETF remains only a rumor, it has generated excitement among traders and analysts. Some investors see it as a potential pathway for wider institutional exposure to Dogecoin.
Strong Network Metrics and Growth Outlook
Investment platform Alphractal has released analysis showing improved strength in Dogecoin’s blockchain network. Hash rate activity is trending near record levels, suggesting strong miner participation and long-term security. This network growth is viewed as a foundation for future price expansion.
🚀 Dogecoin’s Resilient Miners & Network Strength Could Signal a New Breakout
Dogecoin’s miners remain incredibly resilient, with hash rate activity pushing toward record highs. Could trading around True Market Mean Price and models like Alpha Price and CVDD pave the way for a… pic.twitter.com/KxN20QOPHT
— Alphractal (@Alphractal) August 21, 2025
Alphractal introduced a new Network Stress Index to assess stability in blockchain systems. The analysis shows that Dogecoin’s network is stable, with no immediate signs of disruption. This stability is seen as a positive signal for traders monitoring possible upward movements.
Models such as Alpha Price and the Cumulative Value Days Destroyed (CVDD) also indicate potential for long-term growth. According to Alphractal, DOGE is consolidating between key levels that historically preceded major rallies. The CVDD upper band stands near $0.54, and analysts expect DOGE to test higher price levels if network activity increases.
