In the volatile cryptocurrency market, XRP and Solana have attracted increased investor interest. Developments in ETFs and legal events significantly influence their dynamics.
Legal Developments and ETF Speculations
Ripple's partial legal victory in March has bolstered institutional investor confidence in XRP. Jamie Elkaleh, Marketing Director at Bitget Wallet, noted that this progress has paved the way for XRP futures products and strengthened expectations for a spot ETF.
Price Expectations and the Impact of ETFs
Ryan Lee, Chief Analyst at Bitget Research, stated that ETF speculations and legal clarity are key factors driving XRP closer to the $3 level. This could lead to a price range of $3.50 to $4 in the coming weeks.
Solana’s Growth and New Price Targets
Solana is also drawing investor attention due to ecosystem growth and ETF discussions. The SOL token is trading near $197, with experts predicting a target range of $200-250. They believe the positive trend for Solana might continue.
Interest in XRP and Solana in the cryptocurrency market is growing despite volatility. Expectations and future changes in regulation and institutional investments may significantly impact their value.
