Solana is testing a key demand zone near $160, as rising institutional futures activity and ETF momentum hint at a potential breakout ahead.

Solana might be gearing up for a major move, as fresh institutional demand collides with key technical support. Market participants are now eyeing the $150 to $160 zone closely, a region that once sparked a powerful rally.

Solana trading at around $158.07, down -3.38% in the last 24 hours. Source: Brave New Coin

Solana Futures Demand Surges Following ETF Momentum

Solana is kicking off August with a powerful data point, CME futures open interest has exploded to $800 million, up 370% from July’s $170 million. The chart shared by SolanaFloor reflects a dramatic shift in institutional appetite, coinciding with the first U.S.-approved Solana staking ETF. This spike puts CME ahead of other major exchanges like MEXC, CoinEx, and KuCoin, showing that traditional finance is now actively stepping into Solana’s ecosystem.

Solana CME futures open interest surges 370% in a month, signaling growing institutional appetite amid ETF momentum. Source: SolanaFloor via X

This sudden rise in futures exposure isn’t just about speculation; it’s about positioning. As open interest approaches previous cycle highs, market participants are anticipating more than just short-term volatility. With Solana trading near $160, institutional flows tied to ETF optimism could become a foundational driver for both spot and derivatives markets.

Solana’s CME futures open interest hits $800M. Source: SolanaFloor via X

Solana About to Enter Key Demand Zone

Solana’s price action is starting to align with the rising futures activity noted earlier. After topping out above $206, SOL has now corrected back into a familiar demand zone between $150 and $160, a region that previously acted as the launchpad for bullish reversals. The structure shown in the chart shared by BitGuru reveals a clear retracement phase, but one that’s still respecting prior breakout levels. Price is hovering just above the 0.618 Fibonacci zone from its last major leg up, which often serves as a reset point during uptrends.

Solana revisits its $150 to $160 demand zone, hovering above the 0.618 Fib level in what could be a key setup for a bullish reversal. Source: BitGuru via X

If this level holds and a bounce follows, the technical setup favors a potential recovery leg with targets back towards $180. Past price reactions in this range, especially the mid-cycle double bottom, hint at buyers being ready to defend again.

Solana Technical Analysis

Solana is now testing the lower boundary of a well-defined parallel channel that’s been guiding its price action since April. As seen in the chart shared by The Boss, SOL is reacting to Bitcoin’s broader pullback but remains technically intact within its trend structure. The current level around $160 aligns with the base of this channel, as well as the 0.5 Fibonacci retracement zone from the recent $206 high. So far, this area has served as a reactive region that often halts deeper drawdowns.

Solana tests the lower channel boundary near $160, with key resistances at $206 and $274 if the trend structure holds. Source: The Boss via X

If this lower boundary holds, the next visible resistance levels are marked near $206 and $274, which correspond with both the upper band of the channel and the 0.618 and 0.786 Fib zones. Given the recent surge in institutional futures activity, this chart reinforces the idea that current price action could just be a healthy consolidation phase within a larger trend.

Solana Liquidation Heatmap Highlights $170 Trigger Zone

Solana’s liquidity map is flashing a key short-term trigger level. According to CW8900’s latest chart, the largest concentration of liquidation sits just above $170.4, totaling $73.01 million in size. That pocket represents a cluster of over-leveraged short positions, meaning any decisive move above it could spark a wave of forced buys, essentially fueling a short squeeze.

Solana’s liquidation heatmap shows $73M in shorts stacked above $170.4, setting the stage for a potential short squeeze. Source: CW8900 via X

In the context of the broader technical structure and rising ETF-driven futures demand, this $170 level becomes even more relevant. A reclaim of that zone would not only break local resistance but also position SOL back into breakout territory from the lower boundary of its channel.

Final Thoughts: Solana Price Prediction Hinges on Key Levels

Solana’s recent pullback into the $150 to $160 demand zone isn’t just another dip, it could be a critical retest. With institutional futures interest surging and ETF tailwinds still in play, this correction looks more like a technical cooldown than a full-blown reversal. If SOL holds this zone and reclaims the $170 liquidation trigger, we may see renewed bullish momentum, with $180 to $206 back on the table.

Looking ahead, the $170.4 short squeeze zone could act as the ignition point. Reclaiming that level not only shifts sentiment but also aligns with the broader channel and Fibonacci structure. Solana price prediction eyes a bullish move that could set the tone for August.

Cardano struggles near key support zones, with short-term indicators flashing weakness despite steady on-chain growth.

Cardano is showing mixed signals that have traders on edge. While long-term growth in active addresses remains a positive sign, several technical indicators are starting to flash warning signs. According to analyst Alpha Crypto Signal, ADA is now forming an inverted V-shape pattern on the daily chart. If this setup plays out, Cardano could face short-term downside pressure toward the $0.58 zone before any real recovery takes hold.

Cardano Active Addresses Show Steady Growth

Despite the broader market still navigating through uncertain conditions, Cardano’s active addresses are quietly climbing. As shown in the chart shared by Jesse Peralta, the total number of ADA addresses with a balance has continued rising, even while the price remains well below its 2021 highs. This divergence between user activity and price indicates sustained network engagement.

Cardano’s active addresses continue climbing steadily. Source: Jesse Peralta via X

What stands out is how the number of active holders hasn’t just remained steady, it has steadily grown. This on-chain trend suggests that ADA may be experiencing gradual accumulation or organic network expansion, even in a less speculative phase. While price action has stalled near the $072 region, the uptick in addresses supports the idea that interest in Cardano remains.

Cardano Price Prediction: Fractal Suggests Next Leg Could Target $5.96

The chart shared by CryptoIRELAND1 draws a striking comparison between Cardano’s 2020-2021 surge and its current structure. Using a repeating fractal model, the chart maps out similar consolidation behavior and trajectory angles, projecting a possible target around $5.96.

Cardano’s current structure mirrors its 2020 run, with a fractal setup hinting at a possible breakout toward $5.96. Source: CryptoIRELAND1 via X

Technically, the similarities are notable: both cycles show a rounded accumulation zone followed by a breakout and sharp vertical expansion. The yellow trendline across the top frames represents long-term resistance, with this projection suggesting that ADA could revisit it.

Cautious Short-Term Outlook: Cardano Price Tests Important Support

While long-term holders continue accumulating, Cardano’s short-term structure is flashing potential signs of weakness. The chart shared by Alpha Crypto Signal highlights an inverted V-shape pattern on the daily timeframe. This formation is often associated with buyer’s exhaustion. With ADA now sitting around $0.72, near the 50-day moving average, this zone becomes critical to watch for any immediate bounce or breakdown.

Cardano tests key support near $0.72 as an inverted V-pattern and rising volume raise short-term downside risks. Source: Alpha Crypto Signal via X

Volume is ticking up slightly on this down leg, adding to the weight of the reversal argument. The $0.67 to $0.71 area remains a key demand region, but failure to hold it could expose the price to a move back towards $0.58. This more cautious technical setup contrasts with the bullish fractal view noted in the previous section, reinforcing that ADA may face near-term turbulence before any breakout attempt takes shape.

Cardano Back-Tests 20-Week SMA as Bollinger Bands Tighten

As Cardano flirts with critical support zones, it’s also engaging with an important trend indicator—the 20-week simple moving average (SMA). The chart shared by Cantonese Cat shows ADA pulling back and testing this mid-range level. Currently hovering just above $0.72, ADA’s interaction with the 20-week SMA could set the tone for the short-term direction.

Cardano hovers above its 20-week SMA as tightening Bollinger Bands hint at an imminent breakout or breakdown. Source: Cantonese Cat via X

As for the Bollinger Bands, they’re starting to tighten, which typically precedes a sharp directional move. Whether ADA resolves this with a bounce or breakdown, this confluence of indicators reinforces that the market is entering a decision phase.

Final Thoughts: ADA Faces a Pivotal Moment Ahead

Cardano’s latest metrics offer a tale of two timeframes. On one side, the steady climb in active addresses and long-term accumulation paints a picture of quiet strength and growing user engagement. On the other hand, short-term signals like the inverted V-shape, tightening Bollinger Bands, and SMA retests suggest that ADA is navigating a crucial technical zone.

If bulls can defend the $0.67 to $0.71 region and flip the $0.75 to $0.80 zone back into support, a push toward the bullish fractal target above $5 could re-enter the conversation. But if the price slips below the 20-week SMA with volume, short-term downside toward $0.58 may come first.

Ripple’s XRP token has had quite a bullish run in 2025. The asset climbed to a new all-time high of $3.65 on July 18, 2025. The asset breached the $3.40 mark for the first time in more than seven years. XRP’s incredible run over the last year has made many wonder if it can outperform Bitcoin (BTC) over the next five years. Let’s discuss the possibility.

XRP To Outperform Bitcoin By 2030?

Bitcoin (BTC) is among the best-performing assets of the last decade and a half. Meanwhile, XRP has become one of the most popular assets for cross-border remittances. Both are projected to see incredible growth by the end of this decade.

Telegaon analysts anticipate XRP growth for the next years as it will trade at a maximum price of $48.03 in 2030. Hitting $48.03 from current price levels will entail a rally of about 1533.6%.

The same platform anticipates Bitcoin (BTC) to trade at a maximum price of $714,504 in 2030. BTC’s price will rally by 520.75% if it hits the $714,504 level from its current price.

According to Telegaon’s estimates, XRP will outperform Bitcoin (BTC) and give higher returns by 2030.

Also Read: XRP Price Prediction: Where Will Ripple Be In The Next 10 Years?

According to Changelly’s XRP estimates, XRP could climb to a peak of $27.36 by December 2030. Hitting $27.36 from current price levels will entail a rally of about 833.7%.

On the other hand, Changelly anticipates Bitcoin (BTC) to hit a maximum price of $1,161,493 ($1.16 million) by December 2030. Hitting $1.16 million from current price levels will entail a rally of about 909.3%.

By Changelly’s estimates, BTC will perform better than XRP till 2030. BTC breaching the $1 million mark is a sentiment shared by many industry experts. Binance founder Changpeng Zhao, ARK Invest CEO Cathie Wood, and others think BTC is well on its way to the $1 million mark.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

If there’s one cross that crypto lovers will die on, it’s that Solana (SOL) is one of Ethereum’s most promising challengers. Thanks to its fast transaction speeds and low fees, DeFi users, blockchain developers and the general crypto lovers now flock to Solana.

Despite these strong fundamentals, SOL is currently stuck under the $185 mark and the market is starting to notice.

According to several Solana price predictions by technical analysts, $185 has become a stubborn resistance. SOL has flirted with that level twice but failed to break through. Momentum indicators like the RSI and MACD suggest fading strength, and some are warning that if the bulls can’t reclaim $180 soon, we may see SOL retrace toward $125 or even lower.

So, while Solana remains a long-term player, short-term price action is uninspiring. And that’s why traders are starting to look elsewhere.

Enter Remittix (RTX): A New Challenger With Real-World Utility

While Solana battles resistance, another project is quietly exploding in visibility and demand: Remittix (RTX).

Remittix isn’t another “Ethereum killer” or the next DeFi playground. Instead, it focuses on a particular but crucial issue cross-border payments.

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In many parts of Latin America, Southeast Asia, and Sub-Saharan Africa, it can take days to receive funds, with huge transaction fees.

Remittix proposes a better way.

By leveraging blockchain technology and its native token RTX, the platform allows users to send money across borders in seconds, at a fraction of the traditional cost. The idea isn’t just to speculate on token price, but to create a real financial tool for those currently underserved by global banking systems.

RTX Already Surges Past $18M and the Hype Isn’t Slowing

If you’re wondering why RTX is popping up on radar, it’s not just because of its use case. The numbers speak for themselves.

• Over $17.9 million raised already
• 484% increase in token value so far
• A $250,000 giveaway campaign bringing significant community engagement

These aren’t random talks or roadmap teasers. The Remittix team has already released product demos and UI mockups, with a working wallet expected to launch soon.

Why Some Investors Are Choosing RTX Over Solana, At Least for Now

Solana remains a heavyweight in crypto. But even strong projects need fresh catalysts to push prices higher. Right now, SOL lacks a straightforward narrative to drive breakout momentum in the short term and beat the current Solana price predictions.

Remittix, by contrast, is all story, all growth and all upside. For many traders, it has the same energy that meme tokens had in past bull cycles, but with actual utility behind it.

Discover the future of PayFi with Remittix by checking out the project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

XRP has once again defended its $2.80 support level, reigniting bullish hopes as traders eye a possible breakout toward the psychological $3 resistance zone.

The recent price action has injected fresh momentum into the XRP market, signaling a potential turning point amid a backdrop of improving sentiment, Ripple ecosystem expansion, and ongoing SEC-related legal developments. As speculation mounts around a $3 retest, investors are asking—could this be the spark that propels XRP into a new rally phase?

XRP Price Today: Market Overview and Key Technical Levels

As of today, the XRP price is hovering around $2.96, reflecting a modest intraday gain of 1.8%. While this bounce might appear modest, it’s significant given that it reinforces the $2.80 support zone that bulls have been defending since the minor correction from July’s local top near $3.66.

XRP price tests critical support near the $2.80 level following a sudden pullback against the recent upside rally above $3. Source: Socialparasite69 on TradingView

Technically, XRP/USD is trading just above the ascending trendline support and remains in a bullish structure. A daily close above $3.00 could reignite bullish momentum, with the next upside targets at $3.33 and potentially $3.43—levels that have acted as key resistance in recent price cycles.

This bullish stance remains valid as long as XRP stays above the anchored VWAP and the $2.80 zone. Losing this support could trigger a retest of $2.60.

XRP Prediction: What a $3 Breakout Could Mean for Bulls

If the XRP price today breaks past the psychological $3 barrier with volume support, analysts expect momentum could carry XRP back toward its previous swing high of $3.66. A successful breakout could signal a renewed bullish cycle, especially in the context of easing regulatory uncertainty surrounding Ripple and the XRP lawsuit.

A $3 breach could also serve as a technical confirmation that the fourth sub-wave of the broader bullish structure is complete, paving the way for a potential rally toward $4.64 in the coming weeks. This would mark a crucial turning point for XRP prediction 2025 targets and possibly validate long-term bullish XRP price prediction 2030 scenarios.

Ripple XRP SEC Lawsuit Update: Fueling or Freezing Momentum?

The ongoing Ripple vs SEC legal drama remains a defining factor in XRP’s performance. While recent XRP lawsuit updates have leaned favorably for Ripple Labs, the final outcome of the case still holds the power to shift sentiment overnight.

In the latest XRP court case update today, there’s speculation that a settlement could be closer than ever, particularly after both sides filed proposed remedies following Judge Torres’ ruling that XRP sold to retail buyers doesn’t constitute a SECurity. This ruling is seen as a partial win for Ripple and could shape how the XRP price prediction after lawsuit narrative unfolds in the months ahead.

XRP was trading at around $2.83, down 5.87% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

Should the case conclude favorably for Ripple, we could see increased institutional adoption, enhanced XRP ledger integration, and even speculation surrounding future XRP ETF news—all of which could act as long-term bullish catalysts.

Ripple News and Ecosystem Development

Beyond the legal saga, Ripple has continued to push developments within the Ripple crypto ecosystem. Ripple Labs has been focused on enhancing cross-border settlement capabilities via the XRP Ledger, while discussions around central bank partnerships continue to attract attention. There’s also growing chatter in Ripple news forums about Ripple expanding its payment corridors across Asia and the Middle East.

In addition, David Schwartz, Ripple’s CTO, hinted in a recent fireside chat at upcoming upgrades that could improve scalability and smart contract integration—both of which could drive long-term XRP predictions.

XRP Crypto Price Prediction: Looking Ahead

Looking forward, here are some key levels and forecasts to watch:

• Short-Term: If XRP breaks above $3.00, a swift move to $3.43 and possibly $3.66 is on the table.
• Mid-Term (2025): Many XRP price prediction 2025 models place XRP between $5 and $9, assuming regulatory clarity and broader market expansion.
• Long-Term (2030): Bullish XRP price prediction 2030 forecasts estimate values upward of $15–$20 if Ripple achieves global adoption and leverages CBDC partnerships.

XRP price could explore and retest a deeper support zone near $2.34 before rebounding for a $3 retest. Source: Strength_in_numbers on TradingView

These projections are also supported by historical price fractals that suggest XRP typically makes rapid, parabolic moves once it clears major resistance levels—an observation echoed across recent XRP news today updates.

Looking Ahead: Will XRP Go Up from Here?

The current structure remains favorable for a continued uptrend, provided XRP can maintain support above $2.80 and break through $3 with conviction. While macro factors and the SEC vs Ripple news today still pose uncertainty, the chart’s structure and improving sentiment suggest that XRP prices could soon reclaim higher ground.

Whether you’re watching from the sidelines or holding XRP in your portfolio, the next move toward $3 could be a decisive moment—setting the tone for how XRP Ripple price performs through the rest of 2025 and beyond.

More and more coins are coming back to the red zone, according to CoinStats.CoinStats”>

BNBUSD

The rate of Binance Coin (BNB) has declined by 3.11% since yesterday.TradingView”>

On the hourly chart, the price of BNB is about to break the local support of $815. If it happens, the correction is likely to continue to the $800 area.TradingView”>

On the longer time frame, there are no reversal signals yet. The rate of the native exchange coin keeps going down after a false breakout of the resistance of $847.12. 

If the daily bar closes around the current prices or below, traders may witness a test of the $780-$800 range soon.TradingView”>

From the midterm point of view, one should pay attention to the weekly bar’s closure. If it happens far from the $847.12 level, there is a high chance of seeing an ongoing decline to the $800 zone and below.

BNB is trading at $814.55 at press time.

XRP remains trapped in a bearish trend as of August 3, 2025, with sellers maintaining control over key resistance levels. The token traded at $2.83, down 4.44% in 24 hours, with a 14-period RSI of 41.23 and MACD in negative territory, both confirming sustained selling pressure. The price is below its 30-day exponential moving average and a descending trendline, reinforcing the downtrend. A recent bounce from $2.77 offered temporary relief but has not altered the broader bearish bias [1].

Technical indicators on the hourly chart continue to signal a bearish outlook. ADX at 40.20 shows strong trend strength in the downward direction, while the ROC at -1.936 highlights negative momentum. The RSI and MACD suggest continued bearish momentum, with no clear signs of a reversal [1].

Analysts have outlined three potential scenarios for XRP. In a bullish case, a breakout above $3.00 with strong volume could push the price toward $3.20–$3.30. However, this scenario depends on increased buying pressure, which has been lacking so far. A neutral outlook assumes consolidation between $2.80 and $3.00 while traders wait for a catalyst. In the bearish scenario, a breakdown below $2.77 could lead to further declines toward $2.50–$2.40 [1].

On the fundamental side, whale activity has been bearish. Large holders sold over 710 million XRP in the past 24 hours, reducing their total holdings to 8.02 billion from over 10 billion since mid-July. This mass distribution followed a peak near $3.50 and has coincided with the recent price decline, suggesting profit-taking and lack of long-term buying interest [4].

Some analysts remain cautiously optimistic. A Unilabs expert raised the August price target to $5, citing increased trading volume and whale activity as potential catalysts [5]. Bitget predicts a more moderate trajectory, forecasting XRP to reach $3.28 in August 2025 and $3.35 by January 2026 [6]. Meanwhile, CryptoInsightUK suggests a breakout above $3.97 could open the door to a $4.66 move, with a long-term target of $12 [7].

The broader market has also played a role in XRP’s performance. On August 2, 2025, XRP mirrored the crypto market’s downturn, dropping 10.2% before stabilizing around $2.98. Analysts suggest this correction may be subsiding, but short-term direction remains dependent on macroeconomic conditions and regulatory developments [8].

Looking ahead, the critical level for XRP is its ability to maintain above $3.00. A sustained breakout could trigger a bullish technical pattern similar to the one that preceded its 400% rally in 2024, potentially leading toward the $12 price level [9]. However, a breakdown below $3.00 could send the price toward $2.65, with further downside risk in a broader bearish market [10].

Source:

[1] XRP Price Prediction for Today (August 3) (https://coinmarketcap.com/community/articles/688eeca2e27bf67f64125fab/)

[2] XRP News Today: XRP Faces Pressure as SEC Appeal and ETF Decision Await (https://www.fxempire.com/forecasts/article/xrp-news-today-xrp-faces-pressure-as-sec-appeal-vote-and-etf-decision-await-1538294)

[3] XRP 7-Day Price Prediction (Aug 3–Aug 9, 2025) (https://www.binance.com/en/square/post/27780423075385)

[4] XRP News Today: XRP Breaks Out of Symmetrical Triangle as Analysts Target $12 (https://coinmarketcap.com/community/articles/688ec749d638b90b44164dbc/)

[5] Expert Raises XRP Price Prediction for August to $5, But Says Unilabs Will Jump Even Higher (https://coincentral.com/expert-raises-xrp-price-prediction-for-august-to-5-but-says-unilabs-will-jump-even-higher/)

[6] XRP Price Prediction & Forecast 2025-2050 (https://www.bitget.com/price/ripple/price-prediction)

[7] XRP News Today: XRP Eyes Major Breakout as Analysts Flag Bullish Technical Signals (https://www.ainvest.com/news/xrp-news-today-xrp-eyes-major-breakout-analysts-flag-bullish-technical-signals-2508/)

[8] Bitcoin, Ethereum and XRP Sink as Crypto Liquidations Top $900 Million (https://decrypt.co/333226/bitcoin-ethereum-xrp-sink-crypto-liquidations-top-900-million)

[10] XRP Price Prediction – Traders Hedge With RTX (https://coincentral.com/xrp-price-prediction-3-level-at-risk-as-experts-hint-at-bitcoin-pullback-traders-hedge-with-rtx/)

Solana faces growing technical pressure after losing key support levels, with participants closely watching for signs of a deeper correction or a breakout setup.

After holding strong for months, Solana just got edged out by SUI in one of its most important metrics: stablecoin transfer volume. It’s a rare stumble for the high-speed chain, and it comes as SOL struggles to stay above critical technical levels.

Solana Loses Ground as SUI Tops Stablecoin Transfer Charts

Solana just faced a rare slip in dominance, getting overtaken by SUI in monthly stablecoin transfer volume for the first time. July’s data from Artemis shared by Torero_Romero shows SUI hitting $224.3B in transfers, slightly ahead of Solana’s $210.7B. While this doesn’t erase Solana’s broader ecosystem strengths, it signals that other chains are starting to chip away at its transactional lead.

Solana slips behind in stablecoin transfer volume for the first time, signaling a shift in on-chain momentum. Source: Torero_Romero via X

The bigger concern is momentum. Solana had comfortably led this metric for months, and getting outpaced, especially by a newer chain, raises slight caution. If Solana doesn’t reassert itself in the coming months, this could lead to weaker price action.

Solana Price Eyes Untapped Support Zones

While Solana wrestles with on-chain competition, its chart paints an equally cautious picture. As shared by Hardy, the price has broken below the recent consolidation band and is now eyeing the $151 and $148 zones, areas marked by untapped weekly and daily levels. These zones have yet to be tested and may serve as strong reaction points if sellers push lower in the short term.

Solana breaks below consolidation range, with eyes now on untested support at $151 and $148 as potential bounce zones. Source: Hardy via X

Structurally, the market remains in a corrective phase after peaking near $206, and the failure to hold mid-range demand suggests that buyers aren’t ready to step in with conviction just yet.

Solana Price Prediction Signals Another Leg Down

Solana’s corrective trend shows no signs of easing just yet. Analyst Karman_1s charts a projected path where price may first attempt a recovery toward the $170 zone, an area that aligns with descending resistance. However, as highlighted on the chart, this bounce is likely to face rejection, setting the stage for a deeper move into the $150 to $145 support region.

Solana faces rejection near $170 resistance, with downside targets now focused on the $150–$145 region. Source: Karman_1s via X

The clean rejection from both trendline resistance and the prior breakout level adds weight to the bearish continuation thesis. This outlook builds on the broader market weakness as a risk-off situation emerges again.

Contrary View: Solana’s Cup and Handle Pattern Hints at Long-Term Breakout

While recent technicals and on-chain shifts have painted a cautious tone for Solana, analyst TedPillows offers a broader perspective. His chart shows a potential cup and handle pattern forming on the higher timeframe, with a projected neckline breakout that could send Solana price beyond its all-time highs. This setup suggests that even if the price dips toward the $140 to $150 zone, the broader structure remains firmly bullish.

Solana forms a potential cup and handle pattern, hinting at a long-term breakout beyond previous all-time highs. Source: TedPillows via X

The chart stands out for its long consolidation curve, reinforcing the idea that Solana’s current correction may just be the “handle” before a major move. Network activity remains strong, and if support holds, the next breakout could be structural.

Final Thoughts: Can Solana Turn This Correction Into a Comeback?

Solana may be losing short-term momentum, both on-chain and on the charts, but zooming out reveals a different picture. The emergence of a potential cup and handle formation, supported by strong network fundamentals, makes the long-term Solana price prediction more hopeful than it might seem right now. This correction could be a healthy pause rather than a full-blown reversal.

If SOL holds the $140 to $150 zone and regains momentum, that larger breakout scenario toward new all-time highs remains very much on the table. Still, near-term risks can’t be ignored. Solana’s failure to reclaim $170 and repeated tests of lower support indicate that bears are still in control. But if the bullish structure completes as analysts like TedPillows suggest, this recent dip could turn out to be the final “handle” before a breakout that surprises many.

Saturday is mainly dominated by sellers, according to CoinStats.CoinStats”>

BTCUSD

The price of Bitcoin BTCUSD has declined by 1.43% over the last day.TradingView”>

On the hourly chart, the rate of BTC is going down after a false breakout of the local resistance of $114,008. If the daily bar closes far from that mark, there is a high chance of a test of the support by the end of the day.TradingView”>

On the bigger time frame, the price of the main crypto is within yesterday’s candle.

If the bar closes below $113,000, traders may witness a test of support over the next few days.TradingView”>

From the midterm point of view, the rate of BTC has almost touched the nearest level of $112,000. If its breakout happens, the accumulated energy might be enough for an ongoing correction to the $110,000 mark and below.

Bitcoin is trading at $113,489 at press time.

A prominent XRP analyst, known as “Future XRP,” has released a valuation model predicting the token could rise to $3,380, representing an over 1,500-fold increase from its current price of around $2.20 [1]. The projection is based on the assumption that the XRP Ledger will become a central infrastructure in global finance, capable of handling massive transaction volumes across markets and institutions. Under this scenario, the XRP network, with its 60 billion circulating supply and a transaction velocity of 10, could currently support up to $1.3 trillion in annual transaction flow. If XRP gains widespread adoption, the analyst anticipates the volume could expand to between $100 trillion and $2 quadrillion [1].

The analyst’s model suggests that a 5,000 XRP holding could be worth $16.9 million at the projected price. Similarly, 1,000 XRP could be valued at $3.38 million, and 50,000 XRP at $169 million [2]. These figures are presented as theoretically possible under the right market conditions, although they remain speculative and dependent on major industry shifts.

Ripple’s recent acquisition of Hidden Road, a firm linked to the Depository Trust & Clearing Corporation (DTCC), has further fueled speculation. The DTCC processes over $11 trillion in transactions daily, raising the possibility that XRP could play a role in high-value settlements [1]. Additionally, Ripple CEO Brad Garlinghouse has expressed optimism that XRP could capture up to 14% of SWIFT’s transaction volume within five years, reinforcing the narrative of XRP’s growing relevance in financial infrastructure [1].

Despite these bullish forecasts, not all analysts share the same outlook. Some argue that the estimated transaction velocity of 10 is significantly lower than traditional systems like SWIFT, where turnover can reach up to 200 times annually. Under such a scenario, XRP could achieve similar financial throughput with a much lower price, potentially around $166 [1]. Others question XRP’s ability to dominate in a competitive market that includes alternatives like Stellar, Ethereum-based stablecoins, and centralized financial solutions.

To validate his model, the analyst used the Grok 3 AI system, which acknowledged the possibility of XRP becoming a key neutral settlement mechanism but considered $3,380 an outlier. The AI suggested a more plausible range of $200 to $1,000, especially if the global financial system moves away from dollar-centric reserves. However, it also noted that extreme price targets would likely require major global disruptions, such as a collapse of fiat systems or a fundamental realignment of financial infrastructure [1].

While the prediction of $16.9 million from 5,000 XRP is intriguing, it has sparked mixed reactions. Supporters view it as a realistic long-term scenario if Ripple continues to expand its global presence. Critics, however, caution that the assumptions may not align with how financial markets typically function [1]. As with any speculative forecast, investors are advised to conduct thorough research and exercise caution before making investment decisions.

Sources:

[1] title1: Analyst Predicts $3380 XRP Using This Model (url1: https://timestabloid.com/analyst-predicts-3380-xrp-using-this-model/)

[2] title2: Here’s How 5000 XRP Could Make $16900000 (url2: https://thecryptobasic.com/2025/08/02/heres-how-5000-xrp-could-make-16900000/)

[3] title3: XRP Price Prediction: XRP Soars Over 30%, Can it Hit $10 in this Bull Run? (url3: https://cryptodnes.bg/en/tag/layer-2/)