Analysts Predict XRP Could Reach $4 and Solana $250 Amid ETF Optimism
XRP is gaining attention due to ETF-driven optimism and post-lawsuit momentum, despite recent price volatility. Key points include:
- Institutional confidence has improved since Ripple's partial legal win in March.
- Speculation around futures products like ProShares’ UXRP is increasing.
- XRP briefly exceeded $3.60 before dropping to approximately $3.09 after a $105M liquidation event and a $175M wallet transfer linked to Chris Larsen.
- Analysts forecast potential movement towards $3.50–$4 in the coming weeks driven by renewed ETF speculation and legal clarity.
- XRP currently has limited ETF exposure to futures; progress towards a spot product could attract more inflows.
Solana is also experiencing interest, trading near $197 with projections of reaching $200–$250 if adoption trends persist. Analysts note that both assets are benefiting from a crypto-friendly regulatory environment in the U.S., although they remain exposed to macroeconomic pullbacks and regulatory challenges.
Overall, liquidity is improving, institutional flows are increasing, and ETF products are bridging retail and institutional interest.