XRP is encountering short-term pressure as whale transfers and exchange inflows weigh on sentiment, with key support forming between $2.10 and $2.30.
A breakout toward $3.00–$3.25 remains possible if ETF approvals materialize by late October, which would likely trigger renewed institutional inflows.
Ripple’s $1 billion GTreasury acquisition further strengthens XRP’s position in corporate treasury management, enhancing its appeal for real-time settlements and expanding its utility beyond speculative flows.
Solana, by contrast, is showing stronger momentum, with prices targeting the $210–$250 range.
Growth in DeFi activity and rising optimism around a potential ETF approval continue to underpin its performance.
Both assets are benefiting from a broader capital rotation into utility-driven tokens, signaling an industry shift toward practical applications and institutional-grade infrastructure.
Traders should keep a close eye on ETF developments and remain disciplined with risk management as volatility persists.
Ryan Lee, Chief Analyst at Bitget
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
