The crypto market has always been highly volatile, and popular altcoins such as XRP have experienced massive price swings in a short period of time. Ripple had an especially tough time breaking out due to the SEC’s lawsuit that took nearly 5 years to resolve. However, now that that’s over, the value of XRP tokens has stabilized above $2, even during the recent bearish market.
The recent XRP price surge follows new ProShares XRP ETF approval, with projections that the token will reach $3 in the next few weeks. That said, if you’re looking for the exciting crypto presales to explore, Solaxy ($SOLX) is a much better option, as it is still in presale and could explode by 100X after the first DEX listings. Let’s check the situation from up close.
XRP Price Heading Toward Potential $3 Breakout
After hitting a yearly low of $1.61 in early April, XRP bounced back, and the recent ETF approval could see it skyrocket past $3. The current bullish outlook is a result of multiple factors that could help push Ripple to new ATHs in the upcoming months. The first one is the fact that Ripple’s lawsuit with the SEC is nearing its final result. The only thing left is to wait and see if the SEC appeals for the previous rulings. If not, XRP is finally in the clear.
The second factor is the recent approval of XRP ETFs that could result in a massive influx of funds and wider institutional adoption. Combined with Ripple’s stablecoin, this could turn out to be massive for the project’s future. Short- and long-term investors follow XRP very closely and wait for the perfect time to buy or sell their tokens. All technical indicators point to a price breakout, which is why Ripple is now one of the most traded altcoins on the market.
This news is great for XRP token owners, but if you’re not one of them, investing in Ripple right now will not result in significant gains. Instead, we recommend you consider buying the undervalued crypto presales – Solaxy. The project is showing massive growth potential as the first-ever Layer 2 meme coin built on the Solana blockchain, so let’s see why it’s the most talked-about presale in the past few months.
Solaxy – Undervalued Crypto Presales For Investors Seeking 100X Returns
Solaxy is raising the bar in the meme coin sector as the world’s first Layer 2 meme built on the Solana blockchain. It offers an infinite scalable solution that maximizes transaction speeds while reducing fees to an absolute minimum. This alone is…
Click Here to Read the Full Original Article at CryptoNinjas…