Institutions Show Preference for Solana as XRP Lags in Key Metrics

At The Bridge conference in New York City, Bassili highlighted Solana as the asset most institutions are currently evaluating. Although XRP has made gains this year, it falls short in key metrics such as network velocity and liquidity participation, which are crucial for institutional investors.

SOL Price Analysis and Potential Growth

  • Solana is stabilizing around the $142–$145 price range after a corrective phase.
  • A break above $150 could lead to resistance between $185 and $200.
  • If this resistance is surpassed, a target of $300 could be reached, representing a 110% increase from current levels.
  • The Relative Strength Index (RSI) is recovering, and the MACD suggests a potential trend reversal.

SOL Price Chart

Institutional Preference for Solana

  • Bassili noted that institutions prefer data-driven decisions.
  • Solana's ecosystem activity, liquidity depth, and market structure are appealing compared to XRPL.

Bitcoin Hyper ($HYPER) Advancements

  • $HYPER integrates Solana's tech with Bitcoin, offering fast transactions and low fees.
  • Maintains Bitcoin’s security while addressing its speed and utility limitations.
  • Users can trade, stake, earn yield, and mint NFTs within the Bitcoin ecosystem.
  • The presale has raised $27.8 million with tokens priced at $0.01325.

Bitcoin Hyper Image