Analyst Forecasts Supply Shock for XRP As Solana Forms Cup-and-handle Pattern

Crypto experts have predicted that XRP might experience a supply shock in 2026. The forecasts come as the amount of XRP on exchanges dropped from 4 billion and is now hovering around 1.5 billion.

In other news, CryptoCurb has sighted a bullish pattern forming on the Solana price chart. If this formation occurs, he forecasts that the value of Solana could climb to $2,000 in the long run. The analyst also predicted that Solana’s price may rise to $150 this week.

Amount of XRP On Exchanges Drops to 1.5 Billion

In a recent tweet, Glassnode data shared by Xaif_Crypto revealed that the amount of XRP on exchanges has been on a gradual decline since October. As of February, the XRP balance on exchanges was about 3-4 billion. 

The figure, however, began to decline in October and has been decreasing to approximately 1.5 billion in December. This decrease indicates that institutional investors have been piling up XRP, which is a good indicator. It may also be that they have moved to other cryptocurrencies.

Coincidentally, the XRP price has also been gradually decreasing since October. According to TradingView data, XRP dropped from $3.00. It is currently consolidating between $1.83 and $1.95 in the last week of December.

Investors have been taking advantage of the price drop to accumulate more coins. Given the recent decline, Xaif_Crypto noted that a supply shock could occur in 2026, a move that could lead to a price surge. Meanwhile, Javon Marks forecasts that the XRP price could soar to $15 based on a historical move in 2017. 

Another analyst, Cryptoinsightuk, shared with his followers that a potential Adam and Eve pattern was forming on the XRP price chart with a breakout trendline around $1.94. This is a bullish pattern that could push the XRP price to $3.00 in the long term.

Solana Could Rally To $150, Says Analyst

The Solana price has been trading between $120 and $128 in the past week. The altcoin has been traded sideways as it attempts to break out of this tight consolidation.

The latest attempt at a breakout occurred on December 29 but was stopped by bearish pressure around $128. Despite the pullback, analysts like CryptoCurb believe an uptrend is on the way.

In a recent tweet, the analyst noted the SOL was forming a bullish cup-and-handle pattern on the multi-year timeframe. If successful, he predicts that the Solana price could rally to $2,000 in the long term.

In a more recent tweet, CryptoCurb noted that SOL is breaking above a resistance trendline on Longer-term time frames.  He argued that this could be a fakeout or a bullish move.

If the latter is the case, CryptoCurb expects the price of SOL to rise to $150 this week. The optimistic outlook follows the emergence of Solana as the largest chain in terms of revenue in 2025.

Per Cryptorank data, Solana has a revenue of $1.3 billion, which is higher than Ethereum’s. Hyperliquid and Tron are trailing behind with $816 million and $608 million, respectively. Ethereum was fourth with a revenue of $524 million.

In Summary 

Institutional investors are bullish about Ripple. The recent drop in XRP exchange supply shows that they are ready to hold for the long term. The upcoming supply shock could fuel a rally to $3.00 in 2026. Also, Solana might rise to $150 this week if bulls maintain the current uptrend for a successful breakout.

About Author

Milko Trajcevski

About Author

Milko Trajcevski

Milko Trajcevski

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