Solana & XRP Land on CME and Franklin ETF Radar — Which ETF Darling Leads the Next Alt Bounce?

Solana and XRP have captured the attention of financial giants, appearing on both CME and Franklin ETF's radar. Could these cryptocurrencies be the next stars in the market's rebound? The article will explore which of these coins is poised for significant growth and why they have become focal points in the financial world.

Solana Shows Signs of Rebound After Recent Losses

Source: tradingview 

Solana's price is currently between a low one hundred nineteen dollars and a high one hundred forty-two dollars. Recently, it has shown signs of recovery with a 3.8% increase over the last week. Despite a tough month, dropping nearly 30%, the coin holds promise if it breaks past the next hurdle at one hundred fifty-five dollars. If Solana surges beyond this, it could aim for the second resistance level at one hundred seventy-eight dollars, offering a potential gain of over 20%. However, it also has a safety net at about one hundred nine dollars if it dips. This movement hints at a possible uptrend for the resilient cryptocurrency.

XRP Holds Steady, Eyes Potential Surge

Source: tradingview 

XRP's price is currently hovering between the high $1 range and just over $2. It has shown slight upward movement over the past week, though it's still down from the past month. The coin faces resistance at a little over $2.50, and if it breaks past this, it could aim for the $3 mark. Such a rise would represent over a 30% increase from its current upper price range. However, XRP also sees support at under $1.60, meaning it has some cushion to fall back on if needed. Its short-term moving average suggests some positive traction, pointing towards potential growth if investors maintain interest.

Conclusion

Solana and XRP are gaining traction on CME and Franklin ETF lists. This attention could position them as leaders in the next altcoin rally. Both assets offer unique strengths to investors. Solana’s fast transactions and low fees make it appealing. XRP’s focus on cross-border payments provides a solid use case. Increased visibility from CME and Franklin can boost their credibility. If market conditions improve, these factors may lead Solana and XRP to outperform other altcoins.

 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.