As XRP’s price continues to consolidate following bullish developments, traders and long-term investors are speculating about its next explosive move.
The SEC’s lawsuit against Ripple (the company behind XRP and its native blockchain, the XRP Ledger) recently concluded in the latter’s favor – and since this outcome has been expected since Donald Trump’s election in November, experts think further price surges for XRP might be on the way.
As the US government and its financial regulator take a more supportive and constructive stance toward the Web3 industry, emerging cryptos like Solaxy ($SOLX) are quickly attracting investments from major institutions, whales, and leading analysts.
With almost $30 million raised, the SOLX presale is now one of 2025’s biggest success stories, and a popular destination for market participants who profited from their XRP positions.
Is XRP Ready for New All-Time Highs?
For crypto enthusiasts, November 2024 already feels like a distant memory as the market adjusts to the reality of a new Trump presidency. Donald Trump and his administration have made headlines on a daily basis since winning the US presidential election, and initially ignited a market-wide crypto bull run.
However, while some cryptocurrencies like Bitcoin and XRP have remained relatively stable, Ethereum and countless altcoins have suffered severe dips reaching into the high double digits.
Now that Ripple Labs have survived and settled an SEC lawsuit that began in December 2020, some commentators have expressed concern that XRP’s price could collapse to its previous levels. At the time of writing, XRP has established a potentially strong support zone between $1.90 and $2, with further support at $1.63:
The presence of a downtrend and resistance level (forming a bearish descending triangle pattern) is currently blocking XRP’s price from reaching new all-time highs – but hitting it would still represent an almost 30% gain from current prices. A breakout would open up new all-time highs as potential bullish targets for Q2 2025, and the sky could be the limit once again.
The popular trader Maxi recently posted his own similarly bullish analysis on X, outlining a symmetrical triangle pattern and targeting highs of at least $3.29:
$xrp will soon pump again! pic.twitter.com/2cpwldrQL4
— Maxi (@Velo_Maxi) March 30, 2025
A low-to-high move including a dip to $2 and a bounce to XRP’s previous all-time high ($3.40) would generate profits of 70% for buyers lining up at this coin’s key psychological price level.
If XRP dips lower before rebounding, greater long-term profits could be on the table – but buyers would need to manage their emotions and aim for a longer time horizon to maximize their chances of making a profit in that scenario.
While the dust settles around Ripple’s legal victory and XRP’s price reaction, some bulls have been eyeing Solaxy ($SOLX) and its virally successful presale.
Solaxy Presale Nears $30M, Next Crytpto to Pump in Q2?
While Layer 1 blockchain platforms like the XRP Ledger and Solana continue to acquire millions of users, Solaxy ($SOLX) has gone viral as the very first Solana L2 (Layer 2) network.
After booming in 2024, the Solana ecosystem started hitting roadblocks due to the network congestion and transaction failures that often accompany major events like popular meme coin launches.
Dissatisfied users have taken to social media to voice their concerns, and are waiting for a new solution to emerge. Although these issues have created some bearish sentiment around Solana, it’s incredibly bullish for early investors in Solaxy – which looks ready to resolve the pain points that have impacted Solana for several months.
Like Arbitrum and Optimism (a pair of Ethereum-based L2s that saw triple-digit gains following major exchange listings), Solaxy is designed to help Solana scale to new heights, attract more builders and users, and enable it to better serve trending Web3 sectors. With AI, DeFi, GameFi, real-world assets (RWAs) and tradfi integrations all set to expand massively, demand for Solaxy’s services will most likely skyrocket when it launches this year.
YouTubers like CryptoJack (252,000 subscribers) are highlighting all of Solaxy’s potential benefits, and expecting significant gains when SOLX becomes available for trading on exchanges worldwide.
Solaxy’s development team are moving quickly to get the L2 ready to go, announcing new bridging capabilities (connecting Ethereum and Solana), user interfaces, sequencer implementations, data handling optimizations, and a long list of additional upgrades. These proactive efforts bode well for Solaxy’s future, as user feedback will enable the team to continue building an even better blockchain.
The SOLX presale is offering tokens at a discounted price (currently $0.00168), with the option to begin staking immediately for an APY of up to 143% pa. The fundraising currently sits at almost $30 million, establishing Solaxy as one of 2025’s cryptos to watch – even before its presale concludes.
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