As we also reported as Kriptokoin.com, the cryptocurrency market has had a fast start to 2025. However, all eyes are no longer on Bitcoin. Altcoins such as XRP are also drawing attention with both their strong fundamental indicators and positive regulatory expectations. However, it is said that both cryptocurrencies will reach a market value of $200 billion by the end of the first quarter of 2025.
XRP Continues on Its Way with Sure Steps
XRP is currently on investors’ radar with a market value of $138.27 billion. The cryptocurrency’s strong bullish signals are leading to an increase in long positions. Behind this rise are positive expectations regarding Ripple’s years-long SEC lawsuit. With former US President Donald Trump nominating Paul Atkins, known as a crypto ally, as SEC Chairman, it is thought that the regulatory environment will change in favor of Ripple. Analysts especially think that the conclusion of the SEC lawsuit on January 15 will be a turning point for XRP.
If a decision is made in Ripple’s favor, the path to a spot ETF approval for XRP will be clear. This will attract the attention of large institutional investors and provide a significant capital inflow. In addition, the Ripple ecosystem is growing rapidly. The regulatory approval of the RLUSD stablecoin in December 2024 is seen as an important step in this growth. According to CoinGlass data, XRP’s open interest in the derivatives market increased by 18.9 percent to $2.51 billion. When these factors come together, XRP’s market value could reach $200 billion and its price could rise to the $3.50 to $4 range.
Solana is locked on target
Solana has a huge potential with a market value of $100.65 billion right now. It is also possible for this value to double to $200 billion in the first quarter of 2025. The biggest trigger for this rise is the possibility of spot Solana ETFs being approved. Applications from major companies like VanEck, 21Shares and Bitwise are already on the table. Polymarket data shows a 78 percent probability that the SEC will approve these ETFs in 2025. CoinGlass data also paints a positive picture.
Solana’s open interest increased by 11.38 percent to $5.25 billion. The long-short ratio on Binance is 2.58, which shows that investors believe in Solana’s rise. Things are also going well on the ecosystem side. Solana’s total locked value (TVL) has increased to $9.13 billion. Adoption in the DeFi, NFT, and gaming sectors is rapidly increasing. Institutional partnerships such as Franklin Templeton and Société Générale are solidifying Solana’s place in the traditional finance world. These strong foundations will increase Solana’s market value to $200 billion. Thus, it will take its price to the $415 to $420 range.
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