XRP and Solana Attract Institutional Support as Bitcoin Stalls on Macro Headwinds
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- XRP sees $470M in corporate treasury plans, with potential to hit $5 by mid-2025.
- SOL gains institutional interest as Q1 revenue tops $1.2B and futures activity rises.
- DeFi firm eyes $5B SOL treasury expansion, driving short-term target to $250.
XRP and Solana (SOL) are showing signs of resilience, attracting strong institutional investment even as the broader cryptocurrency market has slipped into the red. A sharp sell-off was triggered on Friday by military action in West Asia, prompting a “risk-off” reaction across most asset classes.
While major cryptocurrencies like Bitcoin experienced losses, both XRP and SOL maintained upward pressure. This divergence suggests a market flight to quality within crypto, as investors target assets with powerful, project-specific catalysts.
XRP Shows Resilience, Backed by Corporate Treasury Adoption
XRP is currently trading at $2.15, and remains a focal point for corporate treasury strategies. Public companies have now …
The post XRP and Solana Attract Institutional Support as Bitcoin Stalls on Macro Headwinds appeared first on Coin Edition.
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