Cryptocurrencies Price Prediction: Crypto, Stellar & Solana – European Wrap 16 July
Crypto Today: Bitcoin, Ethereum, XRP could extend rebound amid the monumental "Crypto Week"
The cryptocurrency market is relatively calm on Wednesday as Bitcoin (BTC) attempts to extend its recovery above $119,000, following a sell-off to $115,736 the previous day. Altcoins, including Ethereum (ETH) and Ripple (XRP), offer bullish cues, reflecting steady interest from both institutional and retail traders.
Stellar Price Forecast: XLM eyes further gains amid record-high Open Interest levels, Golden Cross
Stellar (XLM) ticks higher nearly 4% at press time on Wednesday, advancing the last week’s rally for a 95% surge so far in July, outperforming Ripple’s (XRP) 31% rise. A surge in network activity, reflected in increased transactions and new addresses, aligns with the growing optimism among traders, fueling the XLM Open Interest to surpass $500 million.
Solana RWA growth surges ahead of Ethereum in 2025
Solana may still trail Ethereum in total RWA value, but it's gaining fast. According to RWAxyz, the value of tokenized RWAs on Solana surged from $173.8M to $553.8M this year, marking a 218% increase. In comparison, Ethereum’s RWA value climbed 81% year-to-date, growing from $4.3B to $7.7B.
Author
FXStreet Team
FXStreet
