Solana and XRP saw a decline in their prices in their prices on the weekly deadline as US President Donald Trump made major tariff announcements. Bitcoin’s decline pulled down most of the ultcoin as crypto traders assessed the development of Solna and XRP around Artificial Intelligence and ETF Hype.
The two new sounds provide their expertise on Solna’s meme coin ecosystem and the possibility of Altcoin ETF in 2025, as crypto traders adjust to transfer the tide to the crypto market.
Solana ecosystem metrics and development
The on-chain matrix, which monitors the activity, participation and relevance of Solana blockchain among traders, shows a decline in all three factors. The 7-day moving average of the active address on the network is trending downwards, as seen in the chart below.
Active address reduction leads to a decline in user engagement, which can negatively affect the fees collected and the overall protocol revenue.
The number of new addresses is also in decline, indicating less participation from traders. With a drop in the total value of the locked assets, it highlights Solana’s struggle to maintain relevance and compete with other blockchain.
Dafilama data shows that Solan’s TVL has fallen by $ 12.1 billion from 20 January 20 January 20. TVL is considered a major indicator of investor and developer interest in blockchain.
Despite the fall, SOL’s TVL remains above the average level seen in 2024.
Sentiment data shows open interest and continuous decline in quantity, while funding rates lead to ups and downs between negative and positive. This suggests that derivatives traders are unspecified towards the price of Solana, even Sol experiences a sharp decline.
XRP ecosystem updates, lawsuit and trump effects
According to tradingview data, the XRP price fell 16% in the previous week. This decline is largely attributed to a comprehensive market improvement, in which the drop of bitcoin draws ultcoin amid concerns over the pressures of inflation.
President Trump announced a new tariff on Canada, Mexico and China, promoting the possibility of rising inflation, while the US Federal Reserve hesitate to cut interest rates in 2025.
Riple’s Chief Technology Officer (CTO) Stuart Aldroti expressed confidence in the new administration under Trump and expected a proposal for the US Securities and Exchange Commission (SEC) trial against Ripple.
CTO Aldroti is optimistic that Trump’s new Crypto Task Force led SEC’s Hester Peerus, paving the way for positive regulation. This can help solve the conflict between the US financial regulator and cross -border -paying firm Ripple.
As traders digest the news of business war, the XRP price outlook remains negative, as it does for the rest of Altcoins in the top 30 tokens ranked by market capitalization.
Solana and XRP derivatives and on-chain analysis
The derivative data of the coinglass shows that the crypto derivatives were liquidated over $ 332 million in the last 24 hours. The Solana derivatives posts were eliminated over $ 11 million, with rapid bets.
The XRP observed a significant increase in option volume and open interest, reflecting the net value of all outstanding derivative contracts. According to the data of Coinglass, the condition of more than $ 14 million in derivatives posts was liquid in the midst of market-wide improvement.
The XRP mirror has declined in the previous week in the previous week for the trends of Mirror Solan. This spot is reflected in the market, where XRP prices fall. Funding rates remain negative for two consecutive days, suggesting that derivative traders are rapidly recession.
Sol and XRP technical analysis and price targets
Solana maintains its long -term top trend, even consolidating near SOL $ 200 levels above the level of $ 200. Sol can be supported in two imbalance areas between $ 190.11 and $ 198.47 and $ 169.39 to $ 185.84, as viewed on the daily value chart on the banns.
Solana faces $ 218.90, the lower boundary of the imbalance area in the chart below.
Technical indicators such as relative power index and moving average convergence/deviation support a recession approach. RSI is sloping downwards at 42, while the MACD displays the red histogram bar below the neutral line, indicating negative underlying speed.
XRP is closely consolidated to support $ 2.3699, a major level for Altcoin. The XRP can get support between $ 2.3699 and $ 2.4700 in FVG. Technical indicators on the daily time limit show the same recession approach to Solana.
The RSI is sloping downwards and reads 38 and the MACD XRP shows negative underlying speed in the price trend.
Meme coin ecosystem and its rapid growth catalyzed the increase in its competition with the market capitalization and atherium of Solana. Trump’s meme token launch on Solana blockchain was a strategic move that promoted further benefits in Sol Ecosystem.
Meme coins and Solan Mem Coin Ecosystems, Tim Ogilvi, told Crypto.NUS in a special interview sharing their views on institutional head Tim Ogilvi at Crackon Exchange:
“Mem coins convert cultural moments into traditional assets, allowing investors to attach and capitalize on trending narratives. Solana thanks to its high throwput and low transactions costs, the meme coin has emerged as the subscription of the ecosystem.
While the long -term trajectory is uncertain, Meme coins have the ability to expand the crypto by exploiting in contemporary zeitgeist. Once individuals enter space and experience it for the first time, they can detect other opportunities within the crypto, potentially with greater activity on solana -other blockchain ecosystems. ,
The founders of Nick Force, derive.xyz maintain optimism on the altcoin ETF approval in 2025. Founder told crypto.news:
“We are watching several active spot ETF filing from prominent players such as Bitwaiz and Grassscale for assets such as Dogcoin (Dogin), Solan (Sol), XRP, and Litechoin (LTC). If the SEC approves them, it will indicate more validity for the digital asset industry and trigger more capital flows, potentially driving prices upwards.
Additionally, many American states including Illinois have announced plans for BTC reserves, which is a strong sign of political intentions to accelerate the adoption of crypto. While these measures will take time to bear the fruits, we believe that they will contribute to a positive long -term trajectory for the region, forming the basis for later development in 2025. ,
Disclosure: This article does not represent investment advice. The materials and materials painted on this page are only for educational purposes.
