XRP and Solana are both showing signs of growth as traders point out that institutional capital and technical setups are the driving forces behind a new bullish trend.
XRP has returned above the $3 mark after dropping below the 50-day moving average earlier this week, as whale token sales pushed the price down to a low of $2.72. This recovery has traders looking for a breakout at $3.10, which could confirm an upward trend to $4.
Ryan Lee, a senior analyst at Bitget, said in a note to CoinDesk on Saturday: "With institutional acceptance, the use of ODL, and optimism about ETFs, a potential price range from $3 to $5 remains feasible by the end of the year."
This optimistic outlook stems from XRP's successful months in regulatory matters and increasing belief that ETF products could stimulate new demand. Although profit-taking by whales has created short-term pressure, some analysts believe that structured capital flows will continue to rise if resistance levels are broken.
The growth of Solana is also notable. SOL has increased by 10% in the last 24 hours, trading near $206, with growth concentrated around $175–$180. The demand for staking from ETFs and increased DeFi activity has pushed both open interest and total value locked higher, reinforcing the potential to continue the trend.
If the token holds above $180 and breaks through the $205–$210 level with strong confidence, traders expect the price to rise to $250–$260 in the near future. Some price prediction models suggest it could rise to $300 if the bullish trend continues and ETFs become clearer.
Lee concludes that if both tokens maintain strong technicals, they could form the next phase of altcoin performance in the second half of 2025.
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