XRP News Today: XRP Surges 374.1% Yearly, Solana Gains Institutional Interest

XRP and Solana (SOL), two prominent cryptocurrencies, are currently experiencing a surge in momentum, driven by increasing expectations and significant market activities. XRP's recent performance mirrors its historical pattern from 2017, while Solana is attracting institutional interest, potentially shifting it from a bearish trend.

XRP has seen a remarkable 374.1% increase over the past year, outperforming major cryptocurrencies like Bitcoin and Ethereum. Crypto analyst DonAlt notes that XRP's current consolidation phase resembles its past formations, which preceded a 35,000% leap. If XRP breaks through its current range of $2.17–$2.29, the price target could significantly surpass its previous high of $3.84. The prospects of a potential XRP ETF approval, with a 95% likelihood, and Ripple's decision to drop its cross-appeal in an SEC lawsuit further fuel optimism for XRP's future.

Solana, despite trading below the 50-week moving average, is experiencing a rise in institutional interest. Large acquisitions, such as DeFi Development’s purchase of 17,760 SOL, indicate confidence in sustained growth. The SEC's positive review of spot Solana ETF applications and institutional buying offset technical indicators projecting a decline. Experts suggest that a close above $189 could nullify the bearish signals, highlighting Solana's potential for future price heights.

Both XRP and Solana are strategically positioned for significant upward movement, contingent upon key market and regulatory developments. The potential ETF approval for XRP sets a promising tone for market expansion, while Solana's rising institutional demand offsets bearish technical indicators. The dynamic nature of the crypto market offers investors opportunities for substantial returns amid fluctuating predictions. As the crypto world keeps a close watch, the fortunes of these two tokens hold the potential to redefine expectations within the digital currency landscape.

XRP's recent surge above a key resistance level to trade at $2.29 has sparked discussions about its potential to reach new heights. Some analysts suggest it could extend its recovery to $2.65. The XRP fair value calculator, based on a research model from Robert Mitchnick and Susan Athey, indicates that XRP could reach ambitious levels if it handled USDT’s peak daily volume this year under the right conditions. The model values digital assets by measuring their real-world utility, rather than relying on hype or speculation.

XRP has been a focal point for both critics and supporters. While some believe its price is on the verge of collapsing, others insist that the market still undervalues it at the $2 price range. After reaching an all-time high of $3.84 during the 2018 bull run, XRP has not surpassed this price in recent years. However, many see XRP as more than just a token, often regarding it as a bridge asset for global payments with the potential to change how value moves across borders. This belief has influenced efforts to calculate what XRP might truly be worth when institutions use it at scale.

To get a fair valuation, the calculator used $0.292 trillion ($292 billion) as the expected daily volume, indicating the level of activity XRP would need to reach to match USDT’s peak. The average time between transactions per XRP was set at 10 days, assuming financial institutions actively use XRP to settle transfers multiple times per month. For the store of value, $180 billion was used, with a three-year time frame for these conditions to materialize. This window allows for new partnerships, clearer regulations, and wider adoption to take XRP into heavier usage. The circulating supply of XRP was projected to grow to 66.2 billion, including expected releases from escrow. Ripple often leaves 200 million new XRP in the market each month, translating to 7.2 billion tokens in three years. Adding this to the current supply of 59 billion leads to 66.2 billion XRP. To adjust the future price back to present-day value, a 2% interest rate was applied, representing an average return someone might expect each year over the next three years.

After plugging in all the numbers, the calculator delivered a projected value of $44.13 per XRP. This is a massive leap from its current price of $2.24, representing a growth of 1,870%. However, this assessment does not suggest that XRP will hit this price in the future. Rather, it shows what could happen if XRP starts handling the kind of activity stablecoins like USDT already see under the right conditions. According to the analyst's forecast, last August, pundit Mickle predicted XRP to reach $44. Also, in March 2025, EGRAG Crypto projected a possible rally to $44.

Solana has also been in the spotlight, with some analysts suggesting that it could be reaching new heights soon. The anticipated ETF launch might unlock opportunities within the DeFi space. Institutional activity in Solana futures markets has reached record levels, with CME Solana futures volume hitting an all-time high. This increased demand, coupled with the buying pressure from the ETF issuer to acquire underlying XRP, can significantly boost the XRP price. The recent SEC approval of Solana's staking ETF is a positive signal, leading many analysts to believe that XRP will be the next candidate. As the crypto market goes through a phase of consolidation, these three catalysts could well propel XRP toward new heights in the coming months.