However, the Bitcoin course began to grow. It even broke the level of USD 116,000, although the correction of this movement is currently underway.
The bitcoin course is growing
The Bitcoin course began to grow and pierced USD 116,000. This is the result of very good data on inflation from the USA. Currently, however, we see the correction of this movement and the price has dropped to just over USD 115,000.
Ether has also returned to levels above USD 4,500, but here you can also see the correction of this growth. However, we have been able to defend $ 4,500 so far.
The ETH/BTC chart shows that Ether is still doing better than BTC.
SOL and XRP The best assets of the cycle?
But what about Solana and XRP? Both assets were doing better a few months ago than Ether and Bitcoin. The expected Altcoin Season allows you to assume that it will be the same in 4 quart.
Ryan Lee, the main analyst at Bitget, indicates that “the current bull market does not seem to be over yet”. In his opinion, the Fed’s interest rate reductions, which may take place on September 17, will drive increases.
In terms of XRP and Sol, the analyst also sees the Hope in the approval of the XRP and SOL SPO ETFs, which “can be a significant catalyst that triggers billions of USD”.
In the case of XRP, we expect that in the near future its price will range from 3.50 to 5 USD, which results from the forecast inflow of funds to ETF funds in the amount of 4 to 8 billion USD and the growing Ripple role in the field of cross -border payments. Meanwhile, Solana seems to be on the right track to reaching the level of USD 250–320 by the end of the year, supported by the Alpenglow update and the expected ETF inflows exceeding USD 1 billion.
All these factors emphasize how the institution’s participation and technological progress interact to increase the value of both tokens. As the XRP and SOL market matures, they stand out as the key beneficiaries of this cycle, combining strong foundations with structural inflows, which can drive a significant increase until the end of 2025.
– he added in the further part of the notes sent to us.
