XRP News Today: Solana Surges 4% Amid ETF Approval Hopes, Market Gains

On July 2, Solana (SOL) saw a 4% increase, trading at $153, suggesting a potential recovery. This rise occurred despite a 1% decline in the overall market over the past 24 hours. Solana has shown a 2.5% weekly gain and a 1% annual increase, indicating a steady growth trajectory. The approval of Solana ETF applications, currently under review by the SEC, could significantly boost its price. According to analysts' forecast, there is a 95% chance of approval, which would drive substantial demand and liquidity towards Solana, potentially pushing its price to $200 by August and $300 by the end of the year. The upcoming US tariff deadline and important upgrades like Firedancer and Alpenglow could further strengthen Solana's position.

XRP is anticipated to rally to a minimum target of $6.50, with some analysts predicting it could reach $8. This optimism is fueled by the potential for a new all-time high in July or August, with a first major target of $4.50. However, the current weekly bar appears bearish, suggesting low chances of a bounce back if the closure happens with a long wick. The approval of XRP ETFs, with a 95% chance according to analysts, could also provide a significant boost to its price.

Cardano (ADA) has seen a 0.48% increase over the last 24 hours, breaking the local resistance of $0.5605. The formation of a falling wedge and rising CMF suggests a potential rally to $0.77 in July 2025. The current price action indicates a bullish sentiment, with the potential for further gains as the market stabilizes. The approval of Cardano ETFs, also with a 95% chance, could drive substantial demand and liquidity towards the token, further boosting its price.

In summary, Solana, XRP, and Cardano are all showing signs of potential growth, with Solana leading the way with a 4% increase and a steady growth trajectory. The approval of ETF applications for all three cryptocurrencies could significantly boost their prices, with analysts predicting a 95% chance of approval for each. The upcoming US tariff deadline and important upgrades for Solana, as well as the potential for new all-time highs for XRP and Cardano, could further strengthen their positions in the market.