XRP News Today: Crypto Market Dips 1.9% Altcoins Show Mixed Movements

The cryptocurrency market has seen a slight decline, with its total market capitalization currently at $3.43 trillion, down 1.9% in the past 24 hours. Bitcoin has maintained its position above $107,000, while various altcoins, including Ethereum, XRP, Solana, and Dogecoin, are experiencing mixed movements. Crypto analyst Michaël van de Poppe has observed early signs of life in the altcoin market, suggesting that while a full-blown altseason has not yet arrived, steady weekly gains of 10% or more across altcoins could gradually shift market sentiment.

XRP, despite its ongoing legal battle with the SEC, has shown recent price increases driven by two key factors: the launch of XRP micro futures on Robinhood and Ripple's decision to withdraw its cross-appeal in the SEC case. On-chain activity for XRP is also increasing, and the potential approval of an XRP ETF could push the token to new all-time highs. Analyst Egrag Crypto has identified two possible targets for XRP: $9.5 or $37.5, based on historical patterns where XRP surged by 455% to 2000%.

Solana continues to lead among high-performance altcoins, known for its fast, low-cost blockchain and strong DeFi and NFT ecosystems. Currently trading around $151 after breaking a key downtrend, Solana is showing bullish signals. A move above $160 could push it toward $184. In July, Solana is expected to trade between $152 and $161, with prices potentially climbing to $161–$184 by August, and a peak target of $173. Buying now could bring up to 23% gains as bullish momentum builds.

Cardano is gaining attention due to its focus on scalability and growing real-world use cases. Recent upgrades, rising DeFi activity, and the possibility of ETF inclusion have boosted investor confidence. Founder Charles Hoskinson has hinted at a major push into Bitcoin DeFi and a proposed $100 million ADA treasury conversion to boost stablecoins and liquidity. Analyst Javon Marks has shared that ADA has recently broken out and still looks ready for a big move, eyeing a surge of over 120%, with a clear target of over $2 ahead.

Even meme coins like Dogecoin are starting to perform well. In a strong bull market, DOGE could rise to $0.30–$0.40 by late 2025. If adoption grows or a major influencer jumps in, DOGE could even retest its all-time high near $0.70. Analyst Ali Martinez suggests that if Dogecoin climbs back above $0.17, a key buy signal on the 3-day chart could trigger a rally toward $0.21. Analyst Javon Marks predicts that if Dogecoin repeats its pattern from the last two bull cycles, it could surge over 120x from current levels, reaching $20.

Real Vision’s Chief Crypto Analyst has predicted a final rally for altcoins in the current cycle. This prediction comes after a recent dip that erased previous gains and dampened bullish momentum. He emphasizes that network activity and value will drive the last rally, with a recovery expected in the coming months. Several metrics support an altcoin rebound despite recent challenges. He noted that high-utility assets will lead the recovery, with coins experiencing growing network activity taking the lead as adoption increases. These assets also benefit from higher trading volumes due to the momentum gained by decentralized finance. Ethereum’s total value locked (TVL) dominates 55% of altcoins, while Solana, BNB, and Tron make up 6.89%, 5.69%, and 5.2%, respectively.

He believes there will be one more significant jump in altcoins, with the question being whether this will be a sustained rally lasting six to twelve months. He is uncertain about the duration but is confident that quality altcoins with returning activity will see a recovery. He expects altcoins to start picking up again by June. He also mentioned that altcoins will benefit from a similar rally in Bitcoin in mid-2025. The crypto market has struggled this year due to tightening macro factors, resulting in Bitcoin’s price being down over 22% from its $111k all-time high. A turnaround in the market could see several altcoins notch 50% gains. However, most traders stress caution amid volatility and uncertain markets.

The first quarter of the year saw heightened optimism for an altcoin season, marked by lower BTC dominance. While expectations grew, altcoins slipped alongside Bitcoin, lowering sentiments. Several analysts have stressed that trading volumes will determine the next altcoin season rather than higher prices. Ultimately, specific digital assets with institutional demand and volumes will accumulate major gains, while sideways trading might continue for the rest. Ethereum remains the dominant player with 55% of value locked in DeFi. Other notable altcoins include Solana, BNB, Tron, Cardano, XRP, Shiba Inu, and Dogecoin. Analysts predict a final upswing for several prominent altcoins, including Ether, XRP, Solana, Cardano, Shiba Inu, and Dogecoin. This optimism is mirrored on Polymarket, where bettors assign a 98% chance for an XRP ETF approval and a 91% chance for a SOL ETF approval this year.

The stability in the crypto market has been accompanied by modest gains in altcoins such as XRP, BNB, Solana, Dogecoin, and Cardano. Qubetics, Cardano, and Tron lead June 2025's top altcoins with strong utility, real-world use cases, and major growth momentum.