Due to geopolitical turmoil, the cryptocurrency market has been going through a real rollercoaster in recent days! We received a comment from Ryan Lee, Chief Analyst at Bitget, who says how two very famous altcoins – XRP and SOL – may behave in the near future.
XRP is currently facing near-term pressure as large whale transfers and inflows to exchanges dampen investor sentiment. Key support is in the $2.10-$2.30 range. A break towards $3.00-$3.25 remains possible if ETFs are approved by the end of October, which would likely trigger renewed institutional capital inflows. Ripple’s $1 billion acquisition of GTreasury further strengthens XRP’s position in the corporate treasury space, increasing its attractiveness for real-time settlements and expanding its use beyond speculative flows.
In turn, Solana shows stronger growth momentum, and its price is targeting the range of USD 210-250. Increased activity in the DeFi sector and growing optimism around the potential approval of ETFs continue to support its strong performance.
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Both assets benefit from a broader rotation of capital towards real-use tokens, which signals a shift in the industry towards practical applications and institutional-level infrastructure. Investors should closely monitor ETF developments and remain disciplined in risk management as market volatility remains high.
The article was created in cooperation with the Bitget cryptocurrency exchange.
