XRP News Today: Solana 182% Gain Potential as Brandt Sparks Crypto Debate

Veteran trader Peter Brandt recently posed a hypothetical scenario to his followers on X, asking where to invest $100,000 between Solana (SOL) and XRP. Brandt ruled out all other assets and requested clear, concise reasoning and reactions from the crypto community, sparking a lively debate.

Brandt shared a technical chart highlighting a bullish “cup and handle” pattern for Solana, suggesting a potential major upside move with a target above $500. This projection comes as SOL trades at $177, indicating significant room for growth if the pattern holds. Reaching $500 would mean a 182% gain for Solana investors from its current level.

In contrast, Brandt posted a chart of XRP/USD, showing a breakout from a multi-year symmetrical triangle pattern. The chart indicates XRP climbing past a key resistance trendline, with a projected target near the $4.43 mark. As of the latest update, XRP’s price stood at $2.35, requiring an 88% surge to reach Brandt’s $4.43 price forecast.

The community's reactions to Brandt’s post were mixed. Some argued that XRP’s case extends beyond technical analysis, citing potential catalysts such as the possible approval of XRP spot ETFs, the nearing conclusion of Ripple’s legal battle with the SEC, and growing regulatory clarity around stablecoins. They also highlighted rapid ecosystem growth, including new stablecoin launches on the XRP Ledger and strategic acquisitions.

Others, like Afshine Emrani, turned to Grok, Elon Musk’s AI, to weigh the charts. Grok chose XRP, highlighting its breakout from a long-term symmetrical triangle as a strong bullish signal. While acknowledging Solana’s cup-and-handle pattern, Grok found XRP’s momentum and breakout structure more convincing for a $100,000 investment.

Analysts like Arnold and Stage Analysis leaned toward Solana, seeing SOL’s failed breakdown as a possible Wyckoff-style “Spring,” signaling a potential bullish reversal. Arboose offered a broader take, portraying Solana as the traders’ coin while noting XRP as tied to banks and governments. He argued that XRP’s institutional use case could drive long-term gains despite underperforming Bitcoin, even if it lacks hype. He suggested that XRP’s unpopularity might eventually become its strength.

Sergey also backed XRP, citing upward momentum on higher time frames. He projected a potential 3x move for XRP and a 2x for Solana, though he warned that differences between linear and logarithmic charts could affect perception. Still, he leaned slightly toward XRP for its structural breakout potential.

Overall, the debate highlights the differing perspectives within the crypto community regarding the potential of XRP and Solana. While technical analysis plays a significant role, factors such as regulatory developments, ecosystem growth, and institutional use cases also influence investor sentiment. Brandt’s hypothetical scenario has fueled speculation on his leanings, with community sentiment split between the two assets.