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news-imageJanuary 16, 2025

Solana, XRP Jump as Trump Reportedly Mulls 'America-First' Strategic Crypto Reserve, but Experts Suggest Otherwise

Two crypto market observers raised concerns to CoinDesk over the idea of expanding a potential national strategic reserve to altcoins.
Publisher: Coindesk
Sentiment: Neutral
SOL
XRP

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cover-imageCoinPedia
January 16, 2025

Solana (SOL) Could Hit $265 Mark, Here's Why

Amid the ongoing market recovery, Solana (SOL) is poised for a massive upside rally, as it has formed a bullish price action. Whereas, President-elect Donald Trump seems to be prioritizing SOL and XRP for America's first strategic reserve.

Positive
cover-imageThe Currency Analytics
January 16, 2025

Solana Price Consolidation: Potential for $300 ATH

Solana (SOL) is currently consolidating within a narrow price range, caught between bullish and bearish pressures. This tight trading pattern is often a precursor to a breakout, and many analysts believe that the next big move could be imminent.

Positive
cover-imageCoinPedia
January 16, 2025

XRP Skyrockets Past $3 for the First Time in 7 Years! Is $4 Next?

The price of XRP has skyrocketed by ~50% this month alone. With this, the altcoin has successfully reclaimed the $3 mark for the first time in 7 years. Despite the recent appeal by the SEC, the Ripple token has maintained its bullish action, highlighting strong fundamentals for the altcoin in the market.

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cover-imageBenzinga
January 16, 2025

XRP Price Surges 15%: Why Is It Going Up (Again)?

XRP (CRYPTO: XRP) is surging on Thursday, up 11% at the time of writing, fueled by speculation about President-elect Donald Trump considering a reserve of U.S.-based crypto assets. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $3.36 $193 billion +15% +44.8% Ethereum (CRYPTO: ETH) $3,337 $397.9 billion -0.1% -1.1% Bitcoin (CRYPTO: BTC) $99,400 $1.97 trillion +0.3% +5.5% Trader Notes: Crypto chart analyst Ali Martinez identified XRP as being in the midst of a substantial bullish breakout.

Positive
cover-imageBenzinga
January 16, 2025

Solana Is A Stronger Investment Than Bitcoin, Ethereum, Crypto Asset Management Firm States

Bitwise Asset Management has outlined a strong investment case for Solana (CRYPTO: SOL), emphasizing its unique architecture and potential for mass adoption. According to a report titled “The Investment Case for Solana,” Solana's high-speed, low-cost transactions, supported by its innovative monolithic design, make it a standout in the competitive Layer-1 blockchain landscape.

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