Bullish Momentum Building in XRP and Solana, Analyst Notes.

XRP and Solana are showing signs of renewed strength, with growing institutional demand and positive technical indicators pointing toward a possible rally, despite some near-term pressure from profit-taking by large holders.

After slipping below its 50-day moving average earlier this week due to whale selling that pushed XRP down to $2.72, the token has bounced back above $3. Market participants are now watching closely for a breakout past $3.10, which could set the stage for a run toward $4.

“Continued institutional adoption, rising usage of On-Demand Liquidity (ODL), and optimism around ETF approvals make a $3 to $5 price range by year-end a realistic target,” said Ryan Lee, chief analyst at Bitget, in a recent note.

XRP’s bullish outlook is supported by a series of regulatory wins and hopes that upcoming ETFs will unlock fresh demand. While profit-taking has caused some volatility, many analysts believe that the underlying flows remain strong, suggesting higher prices if resistance levels are overcome.

Solana’s rally is also gaining traction, with the token up 10% in 24 hours, trading near $206. Momentum has been consolidating in the $175 to $180 range, driven by ETF-related staking demand and increased activity in the decentralized finance space. Both open interest and total value locked have risen, reinforcing a bullish case.

If Solana can hold above $180 and break through the $205–$210 resistance zone with conviction, traders expect a potential rise to $250–$260, with some models even pointing toward $300, provided momentum and regulatory clarity persist.

Ryan Lee summed up the outlook: “If XRP and Solana continue to show technical resilience, they could spearhead the next wave of altcoin gains in the latter half of 2025.”