Despite some short-term selling pressure from profit-taking whales, XRP and Solana are signaling renewed strength, supported by robust institutional activity and promising technical setups.
XRP has rebounded above the $3 mark after dipping below its 50-day moving average earlier this week, when large holders offloaded tokens, driving prices down to $2.72. Traders now eye a decisive break above $3.10 as a key trigger for a potential rally toward $4.
“Growing institutional adoption, increased On-Demand Liquidity (ODL) usage, and ETF-related optimism make the $3 to $5 price range a plausible target by year-end,” noted Ryan Lee, chief analyst at Bitget, in a market update.
This upbeat outlook follows recent regulatory gains for XRP and anticipation that new ETF products could ignite additional demand. While whales booking profits have caused near-term dips, some experts contend that the underlying market flows still favor an upward trend if critical resistance levels are breached.
Meanwhile, Solana’s upward momentum remains robust, with the token surging 10% over 24 hours to trade near $206. Price action has been consolidating between $175 and $180, supported by increased staking demand driven by ETFs and a rise in decentralized finance (DeFi) activity. These factors have lifted both open interest and total value locked on the network, bolstering confidence in further gains.
If Solana maintains support above $180 and breaks through the $205 to $210 resistance zone, traders anticipate a push toward $250 to $260. Some projections even extend toward $300, contingent on sustained momentum and clearer ETF regulatory developments.
Lee concluded, “Sustained technical resilience in XRP and Solana could position these tokens as leaders in the next altcoin rally heading into the second half of 2025.”
