On the cryptocurrency market, there is a growing interest in new platforms like DeSoc, attracting investor attention, while older networks like XRP and Solana face challenges.
Analysis of DeSoc Cryptocurrency
DeSoc is becoming increasingly relevant to analysts as a benchmark for choosing the best cryptocurrencies for investment. There is a growing demand for projects that prioritize user control and low fees. DeSoc’s features are aimed at content creators and community builders, positioning it as a leading project in the DeFi space.
Current Situation with XRP
XRP recently fell below the $3 mark as trading volumes shrunk and investor interest cooled. Despite some regulatory wins earlier this month, Ripple has failed to deliver fresh innovations. XRP is currently trying to hold a level around $3.01, which remains quite unstable. Analysts warn that failure to maintain the $3.30–$3.40 zone could trigger a deeper slide.
Growth of Solana and New Meme Coins
The Solana ecosystem is experiencing a boom due to the surge in meme coins. For instance, BONK increased by 7% in the last 24 hours, while PENGU jumped by 91%. However, experts warn that the hype may not extend to SOL itself, which recently retraced after hitting the $200 mark. Nonetheless, forecasts suggest Solana could reach $250–$300 by late 2025.
Amid the growing interest in new projects like DeSoc, older cryptocurrencies like XRP and Solana face challenges yet remain significant players in the market.
