XRP price has reversed from its recent multi-week high of $2.30 to trade at $2.18 at press time. Despite this slip, Ripple still eyes gains past $3 after the first spot XRP ETF offered by Teucrium amassed over $40M in net assets, barely a month after launching. The ETF’s success comes after Teucrium’s CEO told Bloomberg that XRP has the most utility among other crypto coins.
XRP Price Eyes Further Gains Amid ETF Success
According to the Teucrium website, the 2x Long Daily XRP ETF has amassed more than $40M in net assets. This is a commendable milestone considering that the product launched on April 8 and has been trading for less than three weeks.
Teucrium’s XXRP leveraged product is the first XRP ETF to launch in the US, and the amount of interest it is amassing from investors despite ongoing market anxiety is a bullish sign for the Ripple price and could aid a breakout past the key resistance hurdle of $2.20 to all-time highs.
At the same time, Teucrium’s CEO appeared in an interview with Bloomberg, stating that XRP has the most utility in the crypto industry. He opined that Ripple has amassed utility across payments, tokenization, and most recently, brokerage services after the acquisition of Hidden Road.
Besides institutions, whales are also rapidly accumulating XRP and possibly positioning themselves for further gains. Data from Santiment shows that as XRP price broke out to multi-week highs, the addresses holding between 1M and 100M Ripple purchased 260M tokens.
XRP Whale Balances
The high interest from whales and institutions shows a bullish outlook towards XRP value today and confidence among traders that the altcoin will extend its gains and smash the $3 price level to create a new record high in the coming months.
Ripple Teases Breakout From Channel Pattern
After forming a series of lower lows in the last three months, the XRP price is now teasing a breakout from a descending parallel channel, to form a higher low. This breakout will be confirmed if Ripple can make a decisive close above resistance at the upper trendline.
The first resistance level that XRP price needs to overcome if this breakout happens is $2.75. If it flips this level, the uptrend will continue past $3 towards the next hurdle of $3.29. Clearing this hurdle will unlock the rally to all-time highs.
However, traders should take note of the RSI movements, which currently show that the recent buying pressure that pushed Ripple to $2.30 is weakening. The RSI needs to recover and continue rising for a strong upward momentum. The uptrend will also occur if the MACD line crosses above the zero line.
XRP/USDT: 1-day Chart
This bullish XRP price forecast will be invalidated if the RSI falls back below 50, and the MACD rise turns out to be a fake breakout. An extension of the downtrend will happen if the XRP price falls below support at $2.05.
Considering the high institutional interest towards Teucrium’s XRP ETF and whale accumulation, it is likely that Ripple resumes its recent uptrend. However, traders booking profits after the recent rally might stall the uptrend.
Pi Network price remains in a clear downtrend following its initial listing gains on small exchanges. The struggle to secure a top-tier exchange listing has dropped the price of PI Coin by 80% in 69 days. Despite the crash, the future outlook witnesses a spark as Michael Saylor remarks a bright Bitcoin market cap target of $200 trillion.
Such a bullish viewpoint projects a strong possibility of a phoenix-like rise for projects like PI Network. So, how high will the price surge of the PI Coin price if Bitcoin hits a $200 trillion valuation?
Pi Network Price Implication if Bitcoin Market Cap Hits Saylor’s Target of $200T
Michael Saylor, Executive Chairman of MicroStrategy, ponders the possibility of Bitcoin achieving a $200 trillion market cap by 2045. This will position Bitcoin as a global settlement layer after a 100x increase from the current market cap of almost $2 trillion.
Based on PIScan, the current market cap of PI Network is $4.09 billion, securing a spot in the top 30 cryptocurrencies. If PI Network witnesses similar 100-fold growth, the bullish case targets a $409 billion valuation. This will pump the current price of PI Coin from $0.581 to $58.10.
If PI maintains its current market cap of $4.09 billion, a 100-fold increase in Bitcoin’s market cap could proportionally elevate PI’s market cap to $409 billion. With the circulating supply remaining constant, this would translate to a PI price of approximately $58.10.
An even more optimistic PI Network price prediction surfaces if it could reclaim its all-time high $13.4 billion valuation. In such a case, PI Network will reach a $1.34 trillion valuation and a $190 market price. This surpasses the current Ethereum valuation and is $600 million shy of the current Bitcoin market cap.
Such a mammoth rise in Bitcoin will impact the entire cryptocurrency market, as historically, BTC price jumps relate to altcoin market rises. Hence, in such a scenario, top altcoins other than PI Coin would witness a similar move.
Other Factors That May Affect Pi Coin Price In Near-Term
The key hurdle for PI Network to reinstate a positive trend remains the top-tier exchange listing, like Binance. Facing rejections due to its minimal utility, network upgrades and increased liquidity could open the gates to major listing gains.
Recently, Banxa, a payment platform, secured PI Network’s KYB approval, bringing PI Coin exposure to its users globally. This will boost the liquidity and bring real-world utility, increasing its listing chances.
Elsewhere, PI Network provides another real-world solution to Cube Motors, a well-known Florida car dealership. In a partnership with Pi Coin, the dealership will now accept Pi Coins as a legitimate payment for vehicles.
The PI Network utility expanded to real estate earlier this year. Zito Realty LLC, a Florida-based real estate firm, now accepts Pi Coin as a form of payment for property transactions.
Conclusion
In conclusion, if Saylor’s promising target of a $200 trillion valuation becomes a reality, altcoins like PI Network will skyrocket. Estimated valuations from $409 billion to $1.34 trillion could witness a price surge between $0.58 and $190.
Telegram-linked cryptocurrency Toncoin has emerged as one of the standout performers in the crypto market over the past two weeks. It has defied the broader market’s sluggish momentum to surge by 14% since July 24.
With the altcoin currently trading near $4, on-chain and technical data point to further upside potential in the short term.
TON’s Price Primed for More Action
According to Coinglass, TON’s liquidation heatmap shows a sizable concentration of liquidity around the $3.77 price zone.
For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
These heatmaps are visual tools that help traders identify price levels where large clusters of leveraged positions are likely to be liquidated. They highlight areas of high liquidity, with brighter zones representing larger liquidation potential.
For TON, the liquidity cluster around $3.77 shows strong interest from traders looking to buy or close out shorts. That setup could easily spark a fresh price rally soon.
Furthermore, from a technical standpoint, TON’s Relative Strength Index (RSI) remains in a healthy range, indicating there is still room for more growth. At press time, the momentum indicator stands at 67.21.
The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100. Values above 70 suggest that the asset is overbought and due for a price decline, while values under 30 indicate that the asset is oversold and may witness a rebound.
TON’s RSI readings indicate market participants are still leaning bullish, with room for more upside before buyers become exhausted.
TON Traders Bet on Upside
Amid ongoing market volatility and repeated attempts to push prices down, TON’s funding rate has remained firmly positive, confirming the bullish bias among its futures traders. At press time, it sits at 0.0061%.
The funding rate is a mechanism used in perpetual futures contracts to keep prices aligned with the spot market. When it’s positive, it means long traders (those betting on price increases) are paying short traders. This signals that the majority of market participants are leaning bullish.
A consistently positive funding rate suggests strong confidence in TON’s upward potential, even in the face of broader market uncertainty.
Buy-Side Pressure Builds—Will It Be Enough to Breach $4?
With on-chain and technical indicators confirming the buy-side pressure, TON appears poised to extend its rally in the short term. The token could breach resistance at $3.68 in this scenario and rally toward $4.02.
Solana price could reach a potential high of $400 in 2025.
With a potential surge, the SOL price could hit $1,351 by 2030.
Solana is coming true to its community-claimed title, “Ethereum-Killer” as it gradually surpasses Ethereum in the decentralized market. However, with the ongoing volatility in the cryptocurrency market, the Solana price currently trades at a discount of 50.84% from its ATH of $294.33.
Following this, crypto investors are storming Google with questions like “Is Solana going to go up?” or “How high can Solana go?” and “Will SOL price reach $500 this altcoin season?”
To answer more such questions, we bring to you our Solana price prediction 2025, 2026 – 2030. We’ll address these queries using our analyses, market sentiments, and regular updates from the crypto world.
If Solana encourages newer upcoming startups, it could be a new competitor for other cryptocurrencies in the market. Moreover, with a highly anticipated approval of the Solana ETF in 2025, the SOL altcoin is projected to experience a major price rally during the coming AltSeason.
If the market favors the bulls, the Solana coin price could breach its current all-time high and head toward a new high of $400. Conversely, stricter regulations or a network congestion setback could pull the price toward its annual low of $250.
Considering the present market sentiment, the SOL crypto could settle with an average trading price of around $325.
By the Solana Price Prediction 2026, the potential low price for SOL is $310, with an average price projected at $410 and a potential high of $510.
SOL Price Analysis 2027
Moving on to Solana Price Prediction 2027, the potential low price for SOL is estimated at $389, while the average price is predicted to be around $506. The potential high price for SOL in 2027 is projected to reach $623.
Solana Crypto Price Prediction 2028
As per the Solana Price Prediction 2028, the potential low price for SOL is expected to be $476, with an average price of $622. Further, the potential high price for SOL during this year is projected to reach $769.
SOL Coin Price Prediction 2029
Looking ahead to 2029, the Solana price targets a potential low of $597, with an average price of $772. Moreover, the potential high price for SOL in 2029 can reach $948.
Solana Price Prediction 2030
For Solana Price Prediction 2030, we estimate a potential low at $716, with an average price of $1,033. The potential high price for Solana in 2030 is projected to reach $1,351.
Raoul Pal’s Bold Outlook: Solana Price Prediction Of A Potential 20x Rally:
Raoul Pal, founder of Real Vision, predicts a potential 20x rally for Solana. He attributes this to Solana’s advanced blockchain technology, growing ecosystem, and rising investor interest.
If Pal’s prediction holds, Solana’s price could exceed $400 in the coming months, a significant surge from its previous peak. Despite market trends, Solana has shown resilience, maintaining a strong performance with consistent buying pressure.
CoinPedia’s Solana (SOL) Price Prediction
With the improving network conditions of Solana and the slow but steady rise in the DeFi sector, the SOL prices project a bullish future.
According to CoinPedia’s formulated SOL price prediction, the price might surge to $400 in 2025. On the flip side, a failure to sustain recovery will plunge Solana prices to $250 during that year.
According to our Solana price prediction, the altcoin might chug up to a maximum of $400 by 2025.
How high can Solana go by the end of 2030?
With a potential surge, the price of SOL could reach a maximum of $1,351 by 2030.
Will Solana reclaim its crown of being an Ethereum killer?
Solana with its strengths in fundamentals still holds significant prominence. That said, we can expect its glory to shine brighter with resolutions to shortcomings, and major Solana news.
Will Solana enter the top-3 cryptos in terms of market capitalization in 2025?
Solana holds the potential to climb higher on the market cap rankings. The digital asset could make it to the target if it does not fall to negative criticism.
What is the Solana Foundation?
The Solana Foundation is dedicated to growing the Solana network into the world’s most decentralized and censorship-resistant blockchain.
How much would the price of Solana be in 2040?
As per our latest SOL price analysis, the Solana could reach a maximum price of $11,698.
How much will the SOL price be in 2050?
By 2050, a single Solana price could go as high as $72,459.
The post Solana Price Prediction 2025, 2026 – 2030: SOL Price Targets $500 Next? appeared first on Coinpedia Fintech News
Story Highlights Solana Price Today is . Solana price could reach a potential high of $400 in 2025. With a potential surge, the SOL price could hit $1,351 by 2030. Solana is coming true to its community-claimed title, “Ethereum-Killer” as it gradually surpasses Ethereum in the decentralized market. However, with the ongoing volatility in the …
-5.63%