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Cryptocurrency News Articles

XRP’s Bullish Momentum: A Closer Look

May 15, 2025 at 08:19 pm

Ripple's XRP token has been gaining significant traction in 2025, buoyed by a favorable settlement with the SEC.

XRP’s Bullish Momentum: A Closer Look

Legal clarity from the SEC has helped Ripple’s XRP token to gain significant momentum in 2025. The crypto is now being tipped to hit $10.

After a period of uncertainty, a judge ruled in July that several XRP sell batches were investment contracts and therefore securities, while others were not. This led to a mixed verdict on whether Ripple had sold XRP illegally.

However, the case did not affect any past or future sales of XRP by third parties. This was a huge win for the crypto, which saw volumes soar on the news.

It's no small wonder then that one analyst is now predicting that XRP could hit $10 in 2025. This would be a nearly 3x return from current levels if the crypto manages to rally all the way to that point by the end of the year.

The analyst, who works for crypto news outlet Benzinga, says that the price prediction is dependent on a few key factors.

Firstly, he highlighted the fact that several institutions have been venturing into the crypto space in 2025. This includes the likes of BlackRock, which recently filed for an RDI to launch a spot Bitcoin ETF.

The analyst notes that if a spot XRP ETF were to be approved by the SEC, and if institutions were to invest in the crypto, this could help to propel the price towards $10.

However, in order for an ETF to be approved, the legal clarity needs to remain in place.

"For the crypto to continue gaining momentum and reaching price levels not seen before, legal clarity is crucial. Any setbacks or complications in this regard could hinder XRP's bullish trajectory."

While XRP has been making headlines recently, another crypto that is gaining attention is Solaxy (SOLX).

Solaxy Is Rising In The Solana Ecosystem As A Layer-2 Solution

Solaxy is a Solana-native Layer-2 scaling solution that aims to address the scalability issues and enhance transaction speeds on the Solana network.

The project says that it is striving to create a "seamless and efficient Web3 experience." To do this, it is leveraging advanced technologies to expand the capabilities of the Solana ecosystem.

Earlier this year, the crypto managed to raise over $33 million in its presale. This serves as an indication of the strong investor interest in the project and its potential within the Solana ecosystem.

As a Layer-2 scaling solution, Solaxy aims to increase throughput and decrease latency on the Solana network, thereby facilitating faster transaction execution and reduced network congestion.

In today's fast-paced digital landscape, these factors are crucial for providing optimal user experiences and attracting broader adoption of the Solana blockchain.

In addition, with the threat of the Solana price being affected by the unfolding legal battle between the SEC and several major crypto exchanges, there is a sense of urgency to diversify.

Investing in promising projects within the Solana ecosystem, such as Solaxy, could be a fruitful endeavor.

With its innovative approach to Layer-2 scaling and the growing demand for efficient blockchain solutions, Solaxy is well-positioned for significant growth in the coming years.

According to the predictions of one analyst, SOLX could reach $0.025 by the end of 2025.

Concluding Thoughts

XRP’s recent price surge and the reports of whales accumulating the crypto suggest a bullish outlook, potentially setting the stage for a rally towards the $10 mark. However, this will depend on several factors, including favorable regulatory developments, broader institutional adoption, and the potential approval of a spot XRP ETF.

Meanwhile, Solaxy’s innovative approach to Layer-2 scaling on the Solana network positions it as a promising project, with analysts forecasting significant growth in the coming years as the project expands the capabilities of the Solana ecosystem.

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Other articles published on May 16, 2025