XRP recently experienced a 4% price decline, reflecting broader market trends where the overall crypto sector is down. This movement fits within a larger pattern of market consolidation, where prices fluctuate slightly up and down without significant long-term momentum.
Over the next couple of months, this sideways trading behavior is expected to continue, marked by small rallies followed by minor pullbacks. While the market might witness days of moderate gains, these are likely to be followed by comparable losses, leading to a largely stagnant and uneventful phase.
For XRP specifically, any major price movement in the near term would likely require a substantial external catalyst. Possible scenarios include a surprise interest rate cut by the Federal Reserve, impactful macroeconomic developments, or strategic government decisions—such as XRP being added to U.S. financial reserves.
However, these events are speculative and not guaranteed to materialize during the summer period, which is historically slow for the crypto market due to reduced investor activity and low trading volumes.
Despite the current lack of momentum, XRP has shown some promising signs in the past. For instance, a trading indicator recently signaled a buy opportunity for XRP before a 25% price increase, highlighting the coin’s potential to deliver gains even during dull market conditions.
Source – Austin Hilton on YouTube
XRP Price Prediction
XRP has recently faced bearish price action, but key technical indicators suggest that the current support level between $2.41 and $2.45 may hold firm. This area is considered a significant point of control, backed by strong technical indicators like the 200 EMA and the weekly VWAP.
While there was an initial attempt to break above the $2.60 resistance, the move appeared weak, resulting in a pullback. The outlook remains cautiously optimistic.
If the $2.41 level continues to hold, $XRP could stabilize and eventually aim for a recovery move toward $2.75 and possibly $2.85. However, a weak reaction at current levels could open the door for a drop to the next support range at $2.32–$2.30.
New Solana Layer 2 Token Solaxy Set to Explode? $36M Raised as Investors Prepare for Listings
Looking ahead, the wider crypto market—XRP included—is expected to enter a more bullish phase in Q4 2025. At the same time, investor enthusiasm for the new crypto presale project Solaxy is rapidly accelerating, with the funding total rising from $35 million to $36 million in just 48 hours.
Such a figure reflects growing confidence in its future, especially given the surging popularity of meme coins and Layer 2 solutions built on the Solana network. Solaxy, a promising Solana Layer 2 project, has recently reached a significant milestone with the launch of its testnet bridge.
This development signals the team’s ongoing progress and commitment to bringing innovative blockchain infrastructure to life. At its core, Solaxy is designed to enhance transaction efficiency and scalability on Solana.
The testnet rollout includes a live block explorer, allowing users to monitor transactions and assess network performance firsthand. Although it’s still in testing and may encounter some issues, the testnet represents a crucial step toward mainnet deployment.
Additional features like an integrated development environment (IDE) and a dedicated wiki are marked as “coming soon,” suggesting that the project is expanding its ecosystem with robust tools for both users and developers.
Solaxy Testnet Bridge is LIVE!
You can now bridge native SOL between Solana Devnet and Solaxy Testnet at https://t.co/BFMV1G9v4c 
Built with Hyperlane, this is the first step toward full cross-chain interoperability.
Ethereum bridging is coming for mainnet — stay… pic.twitter.com/8NVoPaqaoV
— SOLAXY (@SOLAXYTOKEN) May 15, 2025
From a technical standpoint, the team behind Solaxy has made key backend improvements. Recent development updates highlight several backend enhancements, including faster node restarts, smoother database schema changes, a more reliable test suite, and fixes to UI flickering issues in block time displays.
These optimizations reflect an active development cycle aimed at building a strong foundation for a seamless user experience. Solaxy’s connection to Solana gives it a competitive edge.
As meme coins on the Solana blockchain continue to generate significant profits, investors are increasingly turning their attention to emerging Layer 2 projects like Solaxy.
Solana’s high performance and low fees make it a favorable environment for decentralized applications and meme coin ecosystems, both of which are rapidly expanding. Solaxy has plans for major exchange listings.
Both decentralized and centralized exchange integrations are expected, which could provide further momentum for the project once its token becomes more accessible to a broader market.
With a current presale token price set at around $0.001726, early participants are positioning themselves for potential gains once the token enters public markets. Investors can purchase $SOLX using a bank card or cryptocurrency via the Best Wallet app.
Additionally, they have the option to stake it for an annual percentage yield (APY) of up to 111%. Overall, Solaxy appears to be building a well-rounded ecosystem with meaningful utility, strong investor interest, and a clear technical roadmap.
As it progresses toward its mainnet launch and exchange listings, the project could emerge as one of the more notable Layer 2 platforms on Solana, particularly in the context of the current bull market and rising interest in scalable blockchain solutions. Visit Solaxy presale here.
This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.
