XRP Faces Near-Term Pressure While SOL Maintains Upward Momentum

-

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.

LATEST POSTS

U.S. Shutdown Highlights the Case for Decentralized Systems and Regulatory Clarity

We view the U.S. government’s record 36-day shutdown as a temporary setback that underscores the value of resilient, decentralized systems like those powering the crypto...

Balancer Exploit Highlights the Need for Stronger DeFi Security and Centralized Safeguards

The recent Balancer exploit, which drained over $100 million in assets across multiple chains, underscores the persistent vulnerabilities in DeFi protocols, where rapid innovation often...

Crypto Flows Signal Structural Shift as Bitget Evolves into the Universal Exchange

Recent data revealing a more than five-fold drop in small-holder inflows to exchanges underscores a profound transition in crypto markets—from retail speculation to institutional-led growth. Indeed,...

Crypto’s “Cautious Calm” Marks a Healthy Consolidation Phase

We view the current “cautious calm” in crypto markets as a healthy consolidation phase following the recent Fed-induced volatility, allowing Bitcoin to stabilize near $110,000...
115FollowersFollow

Most Popular

Guest posts