XRP News Today:

XRP and Solana have emerged as standout performers in the cryptocurrency market amid growing speculation surrounding the U.S. Securities and Exchange Commission's (SEC) upcoming decisions on cryptocurrency exchange-traded funds (ETFs). As Ethereum faces sluggish performance following its ETF launch, altcoins like XRP and Solana are gaining traction, driven by technical advancements and speculative trading activity.

Ripple’s XRP has seen a 3% price increase over the past 24 hours, making it the second-best performer among top 10 cryptocurrencies. This rally was largely fueled by speculative trading as traders anticipate potential ETF approvals. According to Coinglass’ derivatives data, XRP futures trading volume increased by 17%, while open interest rose by 3% in the same period. Analysts have noted that the price movement was accompanied by a 10.3% decline in 24-hour spot trading volume, indicating that the rally was driven primarily by leveraged speculative positions rather than broad market demand.

The technical outlook for XRP remains mixed. The price is currently consolidating near $2.88, with Bollinger Bands narrowing around key support and resistance levels. A break above $3.07 resistance could signal a bullish trend, especially if RSI momentum continues to improve. However, bearish risks persist, particularly if macroeconomic conditions or regulatory developments shift negatively, potentially leading to a pullback toward $2.70 support.

Meanwhile, Solana is preparing for a transformative upgrade with the Alpenglow consensus protocol, which has received overwhelming support from the Solana community. The upgrade passed with 98.27% of votes in favor, with 52% of stakers participating in the governance process. Alpenglow introduces two key components—Votor and Rotor—to replace Solana’s existing consensus systems, Proof-of-History and TowerBFT. These changes aim to reduce transaction finality from over 12 seconds to just 150 milliseconds and optimize data transfer efficiency between validators.

The Solana Foundation has described the Alpenglow upgrade as a critical step toward financial infrastructure operating at "internet speed," potentially unlocking new use cases in decentralized finance (DeFi) and blockchain-based applications. Analysts suggest that the upgrade positions Solana to capitalize on institutional interest, particularly as speculation grows around potential altcoin ETF approvals. The Solana Price Prediction for October anticipates a potential surge, supported by increased on-chain activity and a bullish chart formation currently in play.

In the broader context, the market is shifting toward altcoins with strong technical fundamentals and liquidity, as Ethereum struggles with underwhelming ETF performance. Analysts from Bloomberg have highlighted XRP and Solana as strong candidates for ETF inclusion, citing their well-established futures markets and robust liquidity. However, the success of these tokens in the ETF space remains contingent on regulatory developments and market demand, both of which remain uncertain.

As XRP and Solana continue to attract speculative and institutional attention, their performance in the coming weeks will likely be shaped by the SEC’s decisions and broader market sentiment. For now, both assets are positioned to benefit from the evolving ETF landscape and technical progress, making them focal points in the current altcoin rally.

Source: [1] Ripple (XRP) Price Moves Toward $3 as Community ... (https://finance.yahoo.com/news/ripple-xrp-price-moves-toward-215804400.html) [2] Bloomberg Analyst Explains Why XRP and ADA ETFs ... (https://coinpedia.org/news/bloomberg-analyst-explains-why-xrp-and-ada-etfs-could-be-next-in-line/) [3] Solana Set for Major Overhaul After 98% Votes to Approve ... (https://www.coindesk.com/tech/2025/09/02/solana-set-for-major-overhaul-after-98-votes-to-approve-historic-alpenglow-upgrade) [4] Solana's Alpenglow Upgrade Clears Governance Vote for ... (https://cointelegraph.com/news/solana-alpenglow-upgrade-clears-governance-vote-implementation) [5] Solana Price Prediction After Alpenglow Upgrade (https://finance.yahoo.com/news/solana-price-prediction-alpenglow-upgrade-093845407.html) [6] Better Crypto Buy: Ethereum vs. XRP (https://www.nasdaq.com/articles/better-crypto-buy-ethereum-vs-xrp) [7] XRP to ETH: XRP Price in Ether (https://www.coingecko.com/en/coins/xrp/eth)