XRP and Solana Gain Traction as ETF Momentum and Legal Clarity Drive Renewed Optimism
XRP and Solana are once again attracting market attention, as a combination of ETF speculation, improving regulatory sentiment, and structural progress fuels investor optimism.
XRP, which currently has exposure through futures-based products like ProShares’ UXRP, may be on the cusp of broader adoption. Analysts believe that any movement toward a spot ETF — especially with the SEC’s softened stance following Ripple’s partial legal victory in March — could spark a fresh wave of institutional inflows.
“Renewed ETF narratives alongside improved legal clarity are restoring market confidence in XRP,” said Jamie Elkaleh, CMO at Bitget Wallet. “We’re seeing deeper market liquidity and a more credible positioning for XRP within U.S. markets.”
Earlier this week, XRP briefly surged above $3.60 before retracing to $3.09, weighed down by $105 million in long liquidations and a $175 million transfer from a wallet linked to Ripple co-founder Chris Larsen. Despite the volatility, analysts remain constructive on the outlook.
“With the right momentum, XRP could revisit the $3.50–$4.00 range in the short term,” noted Ryan Lee, Chief Analyst at Bitget Research.
Solana (SOL) is also catching a bid amid continued ecosystem development and rising ETF speculation. The token now trades near $197, with analysts citing $200–$250 as the next key zone if adoption trends persist.
“SOL is benefiting from the same narrative tailwinds,” said Elkaleh. “A more constructive regulatory climate is amplifying interest in both tokens.”
While downside risks remain from macroeconomic uncertainty or potential regulatory setbacks, broader fundamentals are turning positive. Institutional flows are strengthening, liquidity conditions are improving, and futures-based ETF products are laying the groundwork for broader participation.
The key question now is whether capital inflows can keep pace with expectations — and sustain the rally beyond just sentiment.
