Against a backdrop of optimism in the altcoin market, XRP and Solana stand out due to increasing institutional interest and regulatory clarity.
Key Factors for the Recovery of XRP and Solana
Jamie Elkaleh, Chief Marketing Officer at Bitget Wallet, noted that XRP and Solana are currently leading the recovery due to institutional interest and improved legal clarity. Elkaleh emphasized that rising optimism is driven by potential ETF approvals, making both assets undervalued given their network traction and developer ecosystems.
What is Driving Growing Investor Interest
According to Bitget's research, rising interest in XRP and Solana is linked to legal clarity around Ripple and developer activity on the Solana platform. XRP has regained trust among traders due to its courtroom successes in the U.S., while Solana is capturing attention with ETF proposals from firms like BlackRock. This combination of improved sentiment and clear growth narratives sets the stage for a broader altcoin resurgence.
Conclusion: Legal Clarity and ETF Buzz
Bitget analysts remain optimistic about XRP and Solana's prospects. Industry experts predict XRP could reach $3, and possibly $3.50–$4. Solana, trading near $197, is also buoyed by ecosystem growth and ETF discussions, with targets in the $200–$250 range. As institutional interest continues to build around these assets, attention is also shifting towards smaller-cap projects that offer steeper potential returns.
In the light of positive perceptions of ETF scenarios and legal clarity, XRP and Solana are emerging as favorites in the altcoin market, while attention is also shifting to smaller projects.
