Solana and XRP are gaining traction as Ethereum cools down, with analysts predicting continued growth. The global crypto market cap briefly hit $4 trillion in September. Solana reached $219.50 and XRP hit $3 before slightly retracting. Prediction markets show optimism for Solana hitting new highs and XRP reaching $4. Solana funds have seen 21 weeks of inflows totaling $1.1 billion, while XRP ETPs outside the U.S. have brought in $1.2 billion. Expectations of SEC approval for ETFs linked to Solana and XRP are driving enthusiasm. Solana, Dogecoin, and XRP are outperforming due to ETF speculation. Losses in Ethereum ETFs are benefiting XRP and SOL. Investors see value in Solana’s fundamentals, with potential for growth in DeFi, NFTs, and payments. Recent upgrades to Solana promising faster speeds are increasing interest, with odds of hitting new highs rising by 20% in two weeks.
Read more at Yahoo Finance: Solana and XRP Climb as Crypto Market Cap Inches Past $4 Trillion