Solana has jumped 34% year-to-date in 2025, while the broader altcoin market gained 10%. This upswing has primarily been attributed to meme coin trading hype, particularly after the launch of the TRUMP and MELANIA meme coins. While the recent rally has renewed investor optimism, the SOL Coin could take longer than expected to move above $280. This is due to a decline in several on-chain and derivatives metrics from their recent peaks.
Meanwhile, Crypto specialist EGRAG Crypto presents what he thinks could happen when XRP claims its next psychological levels of $4 and $5. However, SOL and XRP investors have shifted their attention to Elluminex (ELX), a new DeFi token that could transform the TON blockchain, driving a new wave of success to the Toncoin network.
Ripple Eyes Next Psychological Level
XRP has been a top performer in the ongoing bull cycle. As a result, it recovered above its psychological level at $3 level. Market participants believe that XRP’s next target is $4 as they persistently championed a move toward it. EGRAG Crypto, in particular, presented what he thinks could be XRP’s fate after it peaks above $4.4 and $5.0 levels. In his XRP price analysis, he highlighted XRP price action on its 1-week timeframe, leveraging the exclusive Optimizer indicator.
Typically, this indicator backtests and compares all possible moving averages to determine the most profitable strategy. Data from his chart suggest that the Optimizer has been essential in identifying the market highs. The trader identified three peak zones from the XRP token from the 2017 and current cycles. Its first peak was $0.2274 in May 2017, and its second peak was $3.06 in January 2018. Meanwhile, the third peak was $1.98 in April 2021. Interestingly, from the chart, XRP has the potential to reach its fourth peak at around $4.4 level.
However, it could retest levels between $4 and $5, a zone capable of either steering prices further up or triggering a massive pullback. He pointed out the January 2018 peak, which resulted in a considerable correction. Its current movements mirror this, but EGRAG is optimistic that XRP could experience a more substantial run this time. If this price prediction materialized, it could have presented 38%-57% from its current price to reach $4.4-$5. From there, if the XRP bulls continue to control the market, it could steer its price to $13. This price level would demand a 308% surge from XRP.
Solana Price Prediction: Is $1000 Target Within Reach In 2025
Since breaking out of its descending channel in December, Solana (SOL) has confirmed the breakout of its massive 3-year cup-and-handle formation, targeting potential highs of $380, roughly a 30% increase from current levels. The SOL price could face a correction in the short term as its relative strength index hovers near the overbought threshold. Given that the MACD line widens above the signal line, SOL bulls may push its price to exhaustion.
Meanwhile, SOL inflation is fixed at a rate that decreases by 15% annually until it stabilizes at 1.5%. This aims to tackle inflation fluctuation and steer the staked share of Solana tokens to 50%. The move heightens Solana’s appeal as a collateral asset in DeFi by incentivizing staking into more active economic use cases rather than simply deploying tokens to validators.
A decline to lower support at $226.16 could occur. However, its weekly timeframe paints a bullish picture. The RSI maintains a high but stable above the neutral area, leaving considerable room for growth. Its weekly MACD has formed a golden cross. With the anticipation of regulatory reforms under Trump’s administration and the inflation proposal that has bolstered Solana’s fundamentals, the $1000 target appears increasingly achievable as 2025 approaches.
Better Ripple And Solana Alternative – Elluminex (ELX)
Solana certainly has high potential into 2025. Its meteoric rise over the past year was largely driven by the meme coin market. While Jupiter made the Solana network a goldmine for a massive rally in meme coin opportunities, Elluminex (ELX) is the missing bridge for the TON ecosystem. It enables easy asset transfer between different chains, which could change the whole trajectory of the largely untapped Toncoin’s DeFi ecosystem.
Unlike traditional DEX, which often suffers from fragmented liquidity, slow transaction speed, and high gas fees, Elluminex has aggregated liquidity across multiple blockchains, reducing slippage and enabling a seamless trading experience with a wide range of crypto assets. Boosting liquidity on the TON blockchain will help stabilize asset prices and bolster confidence in TON’s ecosystem. Even just by holding, investors can earn passive gains by staking their $ELX, with dynamic rates that reward early adopters and loyal stakers, contributing to the platform’s liquidity.
This strategy has reduced sell-offs and built a loyal community, stabilizing the ELX token. Moreover, its AI portfolio tracker offers actionable insights on real-time information from traders, making trading more accessible than ever. It’s also creating a comprehensive learning platform to help new traders. So far, Elluminex is available at $0.06. Thanks to these features, Elluminex has signaled itself as the premier DeFi hub on the fastest-growing chain.
Can Elluminex Mirror SOL And XRP Price Performance?
Solana and Ripple have demonstrated exceptional prowess during the ongoing bull cycle. These two tokens will likely record new highs due to their continuous groundbreaking network developments, bullish technical setups, and favorable market conditions. Meanwhile, Elluminex is poised to follow SOL and XRP’s bullish trajectories thanks to its innovative features, potential to deliver substantial returns, and focus on accessibility.
For more information about Elluminex (ELX), visit the links below:
- Website: https://elluminex.com/
- Twitter/X: https://x.com/elluminex
- Telegram: https://t.me/Elluminex
