Whale Activity Pushes the Ripple Price Past $3, Analyst Foresees the Price of Solana Reaching $260

Recently, the Ripple price and the price of Solana have seen steady growth on the weekly charts. This can be attributed to an increase in whale activity for Ripple, with the chances of a Solana ETF approval soaring to 99.7% on Polymarket. As a result, market analysts have taken notice and are now forecasting potential bullish rallies for altcoins like Ripple and Solana.

Ripple Price Soars to $3 Thanks to Whale Activity

Ripple (XRP) is one of the best altcoins at the moment and has been rising in terms of value. Notably, CoinMarketCap indicates that the Ripple price has increased from approximately $2.40 to over $3.20 in the past seven days. In other words, there is a 30% jump for Ripple in a short time.

This increase came as major whale activity occurred for Ripple (XRP). For instance, Ali Martinez made an X post saying that whales have bought 2.20B XRP tokens in the last two weeks. For this reason, another market expert, Crypto Bitlord, believes the bullish trend for the Ripple price will continue. In his X post, he said that nothing is stopping this altcoin now. He foresees the Ripple price potentially going as high as $100.

Recently, there were some exciting developments for Ripple, too, as BNY Mellon partnered with this entity to custody RLUSD reserves. Thanks to all these factors, traders are viewing this Ripple price prediction as something that may come to fruition.

Ansem: The Price of Solana (SOL) Could Reach $260

Solana (SOL) is another altcoin that is riding a bullish wave and soaring on the charts. The price of Solana has increased by over 10% on the one-week chart, according to CMC data. In that period, the Solana value grew from around $160 to nearly $180.

The community is excited since they think the price of Solana (SOL) could skyrocket soon. For instance, market analyst Ansem made an X post saying that the price of Solana has a new target to watch. This is the $260 level which it may rise to soon.

It is worth noting that there is now a 99.7% odds for a Solana ETF approval on Polymarket. If this happens, the demand for this altcoin may skyrocket. Thus, this Solana price prediction has the potential to come true.

A Look Ahead for Ripple (XRP) and Solana (SOL)

Both the Ripple price and the price of Solana are currently showing signs of continued growth. For instance, increased whale activity may trigger more growth for Ripple, while a Solana ETF approval could be the catalyst for a massive upswing for the SOL value. As a result, both Ripple and Solana seem to be altcoins to watch this quarter.