Ripple Labs has settled with the U.S. Securities and Exchange Commission (SEC) over their ongoing lawsuit. As part of the agreement, Ripple will pay a reduced fine of $50 million and drop its cross-appeal. Additionally, the SEC will return $75 million of the original $125 million fine. The SEC is now set to request the lifting of the injunction on Ripple, marking a significant step forward in resolving the case.
Solana price seems to be gearing up for a recovery after crypto investment firm Galaxy Digital sold Ethereum and purchased $98M worth of SOL. This purchase has sparked optimism that the Solana price can rally past $200, but a bearish formation in the SOL/BTC chart suggests that bearish headwinds are still at play.
Galaxy Digital Swaps ETH With SOL – Can Solana Price Hit $200?
According to a recent X post by Lookonchain, on-chain data shows that Galaxy Digital is selling Ethereum while accumulating Solana, suggesting that a strong price move is on the horizon. In the last two weeks, this entity has sent $105M ETH to Binance and withdrawn $98M SOL from the exchange.
Lookonchain
This activity shows that the crypto investment firm is bearish on Ethereum, while being bullish on the SOL value today despite the altcoin’s recent struggles to bounce past the resistance level of $140. The optimism has investors wondering whether the Solana price may hit $200 soon as more whales accumulate.
Data from Solscan shows that a newly created Solana wallet has withdrawn 44,116 SOL valued at more than $6M and staked the tokens. As SOL staking activity picks up, it reduces the altcoin’s supply, which then bodes well for the price if demand also rises.
Meanwhile, Santiment revealed that the level of positive sentiment towards SOL has increased significantly in the last two days, which is also a sign that many traders are bullish about the altcoin. This coincides with an X post by analyst CryptoCurb who noted that a Solana cycle is looming.
Solana Positive Sentiment
As institutions accumulate when the level of SOL staking is high and the market sentiment is highly positive, it signals a bullish Solana price prediction and that the token might soon surge past $200. However, there are several obstacles that SOL needs to clear before making such an upswing.
Analyst Identifies Bearish Pattern on SOL/BTC Chart
Despite the bullish on-chain data, Solana price seems to be underperforming relative to Bitcoin, which recently surged to a three-week high above $88,000. Bitcoin trader Tuur Demeester has observed that SOL/BTC has lost support at around $0.0020, suggesting that SOL is poised to continue underperforming against BTC.
The analyst also observed that the last time the SOL/BTC trading pair lost critical support, it plunged by 82% within one year. If history rhymes and this trading pair falls by 82% from the current support, it might plunge to a record low of 0.00036.
SOL/BTC
In conclusion, Solana might clear key levels as accumulation by institutions, a spike in positive sentiment, and staking activity indicate that a rally past $200 is looming. Despite these bullish metrics, the SOL/BTC pair is dropping after losing a critical support level, which suggests that Solana price might continue to underperform against Bitcoin.
XRP is emerging as a strong contender to overtake Ethereum (ETH) in market capitalization. The 2025 market outlook reveals several factors that support the scenario where XRP becomes the second-largest altcoin by market cap.
Recent data highlights three main reasons why XRP has the potential to reach this milestone shortly: XRP’s Fully Diluted Valuation (FDV) has surpassed ETH’s, capital is shifting from ETH to XRP, and investor sentiment is increasingly positive toward XRP.
XRP’s Fully Diluted Valuation Has Surpassed ETH’s
According to the latest data from CoinMarketCap, XRP has officially surpassed Ethereum in terms of Fully Diluted Valuation (FDV). Specifically, XRP’s FDV is $210 billion, while ETH’s is $196 billion.
FDV is a key metric. It reflects the potential value of all tokens in the total supply, including those not yet in circulation. This suggests that XRP is valued higher than ETH when considering their maximum supply.
Investors like John Squire and Edoardo Farina see XRP’s lead in FDV as an early sign that its market cap might soon overtake ETH’s.
“This marks over 6 straight months of XRP outperforming Ethereum. The flip has already begun!” Edoardo Farina predicted.
Investor DONNIE also believes XRP’s higher FDV signals a shift in market perception. According to him, it reflects growing investor acceptance of XRP. This sentiment seems to favor the narratives and forecasts surrounding XRP over those of ETH.
Capital Is Shifting from ETH to XRP
Another key factor is the shift in investment capital between the two cryptocurrencies. TradingView data shows that ETH’s dominance (ETH.D) has dropped to a new low, while XRP’s dominance (XRP.D) rose sharply in 2025.
Ethereum Dominance vs XRP Dominance. Source: TradingView.
Dominance indexes reflect how capital is distributed across the market. Since November last year, ETH.D has fallen from 14% to 7%. Meanwhile, XRP.D has climbed from 1.2% to 4.5%. This contrast reveals that investors are prioritizing XRP over ETH.
This capital movement has also triggered a significant technical outcome. The XRP/ETH chart has broken a downtrend line that has held since 2016, signaling a long-term bullish trend for the pair.
The breakout represents more than just a technical signal. It reflects a broader shift in market sentiment. Investors are increasingly focusing their attention on XRP.
A recent report from CoinShares supports this. It states that digital asset investment products saw contrasting flows between ETH and XRP in the past week. While Ethereum recorded outflows of $26.7 million, XRP attracted a strong inflow of $37.7 million.
This capital shift demonstrates XRP’s growing potential to close the gap in market cap with ETH.
Investor Sentiment is More Positive Toward XRP
Finally, investor sentiment is leaning toward XRP. Recent reports highlight growing optimism around XRP, while ETH faces more skepticism.
According to a recent BeInCrypto report, XRP’s price appears to be in a “pre-set” growth stage. This is driven by support from financial institutions and the development potential of the XRP Ledger.
Recent news has fueled a positive atmosphere for XRP holders. Ripple acquired Hidden Road in a $1.25 billion deal. HashKey launched the first institutional XRP investment fund in Asia. Coinbase also introduced XRP futures regulated by the CFTC.
