XRP Expected to Reach $8 as Attention Shifts to Major Cryptos
Bitcoin (BTC) reached nearly $111,000 before a slight pullback. Institutional demand and regulatory clarity are fueling interest in major tokens.
- Cardano (ADA), Dogecoin (DOGE), and Solana (SOL) increased by up to 4%
- Ethereum (ETH), XRP, and Binance Coin (BNB) rose less than 1.5%
- CoinDesk 20 index gained 1.2% over the last 24 hours
Analyst Ryan Lee noted that a potential drop in bitcoin dominance may initiate an altcoin season, with XRP and SOL positioned for growth. XRP's recent golden cross against BTC suggests a possible move to $3–$8, supported by regulatory clarity following an SEC decision regarding Ripple.
- SOL could rise toward $220–$300 on ETF speculation
- ADA shows breakout potential between $1 and $3
QCP Capital stated that BTC's upward trend appears structurally sound, despite macro risks such as renewed tariff concerns and rising U.S. yields potentially affecting altcoins. Traders should focus on assets with strong fundamentals.
Bitcoin's sentiment index indicates "extreme greed," suggesting further rally potential in the coming days.