đ Key Highlights from Todayâs Market Coverage
CoinDesk reports that strong optimism around futures ETFs and postâcourt legal clarity for Ripple are boosting institutional interest in XRP, despite some recent volatility and large long liquidations .
Bitget Research analysts, including Ryan Lee and Jamie Elkaleh, suggest that with momentum and growing trustâespecially if a spot XRP ETF materializesâXRP could realistically reach $3.50â$4 in the coming weeks .
For Solana (SOL), analysts identify a technical breakout setup. With price near ~$197 and adoption expanding, $200â$250 is viewed as within reach, thanks in part to growing institutional flows and potential ETF developments .
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đ Supporting Technical and Market Signals
XRP is consolidating inside a classic Wyckoff structure, with key support around $2.58â$2.78 and resistance near $3.60. A sustained break above $3 could trigger a bullish phase targeting $4â$6, supported by a 142% surge in futures open interest indicating rising institutional participation .
SOLâs technical outlook shows potential for a breakout beyond $200, backed by strong network usage, increasing TVL, and buzz around an ETF tied to staking exposure via new products like the Cboe-listed REXâOsprey Solana + Staking ETF (SSK) . $XRP $SOL #CryptoClarityAct #LatestNewsđ„