XRP Flashes Bullish Golden Cross as Analysts Forecast a $5 Target

Ripple's native token XRP is showing renewed strength in the charts, with a growing chorus of analysts pointing to a potential price target of $5 by mid-2025.

As the crypto market shows signs of a summer surge, investors are evaluating both large-cap assets and promising altcoins for optimal exposure. Among the major tokens, Ripple’s XRP has attracted attention for technical patterns that could indicate an imminent breakout.

Chart Signals Point to Potential XRP Breakout

Popular crypto commentator Dark Defender has highlighted the appearance of a golden cross on XRP’s weekly Relative Strength Index (RSI). This rare signal, which typically triggers significant price rallies, was last observed in November 2024, when XRP surged shortly after the formation of the golden cross.

“This is HUGE! After 200+ days, we've finally spotted the weekly RSI Golden Cross on #XRP. Last time this formed (November 2024), #XRP went on a huge run. Could we be seeing a similar setup now?” the commentator asked his followers.

This is HUGE! After 200+ days, we've finally spotted the weekly RSI Golden Cross on #XRP.

Last time this formed (November 2024), #XRP went on a huge run. Could we be seeing a similar setup now?

This is a rare signal that often leads to major price moves.

Read more about it here: https://t.co/M00l8Mbj8v pic.twitter.com/8J2rP8lJiw

— Dark Defender (@DarkDe72711006) May 15, 2025

suggesting that XRP could be setting up for another rally.

XRP has been trading above the $2.30 support zone, which could serve as a springboard for a move toward the $2.75 resistance. A breakout above this level could pave the way for a swift move toward $3 and beyond.

In the short term, however, XRP could be due for a slight pullback, according to CoinCodex. The platform predicts a drop to $2.21 by mid-June. This presents an opportunity for investors to buy the dip and capitalize on the token’s long-term potential.

With the broader crypto market showing signs of a risk-on appetite and XRP entering the ETF conversation via new stablecoin developments like RLUSD, the narrative is shifting decisively upward.

Solaxy Raises Over $38 Million in Presale

As large-cap assets like XRP command attention, savvy investors are also rotating into high-upside altcoins.

One project that has quickly gained popularity is Solaxy (SOLX), the first Layer-2 project on the Solana blockchain. The project has now raised over $38 million and is nearing the final stages of its token sale.

For investors looking for the best crypto to buy now, SOLX is quickly emerging as one of the top contenders thanks to its unique mix of infrastructure utility and meme coin appeal.

Solaxy’s presale journey began in March with an ambitious goal: to build a scalable Layer-2 chain that can handle the high throughput and low latency demands of next-generation decentralized applications.

The project’s aim is to use off-chain transaction bundling to reduce network congestion on Solana, thereby increasing the chain’s capacity for DeFi protocols, NFT collections and metaverse projects.

Solaxy will batch transactions and submit them as a single confirmation on Solana’s mainnet, effectively cutting down latency and costs. This approach also minimizes the risk of transaction failures, which can be a concern during periods of high network activity.

Solaxty’s modular architecture will make it easier for developers to build and deploy dApps, while its community-driven governance ensures that all stakeholders have a voice in shaping the project’s future.

The project’s token, SOLX, will serve as the primary unit of account and exchange within the Layer-2 ecosystem. It will be used to pay transaction fees, participate in governance and provide liquidity to the decentralized exchange.

Solaxy’s goal is to become the go-to Layer-2 hub for developers and users seeking a seamless and efficient Solana experience. The project’s strong fundraising success and community engagement underscore its potential for continued growth and integration into the broader Solana ecosystem.

As the presale winds down and Solaxy prepares for its public launch, the project is set to become a major player in the fast-growing Layer-2 sector.

Investors can buy SOLX tokens using ETH, USDT, BNB or a credit/debit card via the official website. Mobile users can also purchase and store $SOLX tokens using the Best Wallet app, which provides a seamless experience for managing crypto assets on the go.

With less than a month left in the presale and tokens priced at just $0.001732, the window to join early is closing quickly. Those interested in exploring this project further can do so on the Solaxy website or social media channels.

With XRP showing signs