Despite recent profit-taking by major holders putting short-term pressure on prices, XRP and Solana are showing renewed strength, with institutional flows and favorable chart patterns fueling optimism for a fresh rally.
XRP has climbed back above $3 after dipping below its 50-day moving average earlier this week, reaching a low of $2.72 amid whale selling. Market watchers are eyeing a decisive break above the $3.10 level, which could open the door for gains toward $4.
“Given ongoing institutional adoption, increased use of On-Demand Liquidity (ODL), and optimism around ETF approvals, a move to the $3–$5 range by year-end appears achievable,” said Ryan Lee, chief analyst at Bitget, in a note to CoinDesk on Saturday.
The positive outlook follows a series of regulatory victories for XRP and growing hopes that ETF launches will drive new demand. While profit-taking caused temporary setbacks, analysts point to sustained structural flows that suggest higher prices if key resistance levels are breached.
Solana’s rally is equally impressive, with SOL rising 10% over the past 24 hours to trade near $206. Momentum has been building in the $175–$180 zone, boosted by staking demand linked to ETFs and expanding decentralized finance activity. Increasing open interest and total value locked underline the token’s strength.
Traders believe that if SOL can hold above $180 and clear the $205–$210 range with conviction, it could surge to $250–$260, with some models projecting a target as high as $300 if momentum and regulatory clarity continue.
Lee concluded, “If XRP and Solana maintain this technical resilience, they could lead the next wave of altcoin gains heading into the second half of 2025.”
