Cryptocurrencies Price Prediction: Ethereum, Solana & Meme Coins — Asian Wrap July 09

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Issuers file amended Ethereum ETF S-1s as ETH shows recovery signs

Ethereum (ETH) is down 0.3% on Monday as prospective spot ETH ETF issuers returned their amended S-1 registration statements to the Securities & Exchange Commission (SEC). Meanwhile, ETH long-term holders are gradually returning to the market after years on the sidelines.

Here's what's happened in Solana today

Solana (SOL) kicked off the new week with a lot of action on Monday after Cboe filed VanEck and 21Shares' Solana ETF application. Meanwhile, SOL surpassed Ethereum and Arbitrum in 24-hour decentralized exchange (DEX) volume due to increased trading on the Raydium protocol.

BONK and PEPE outshine top meme coins after impressive rally

BONK rallied nearly 8% on Monday as the meme coin began its recovery from heavy losses experienced following the Mt.Gox repayment going live and German government BTC offloading. PEPE also joined in the recovery, posting a 6% gain as bulls look to be buying the dip.

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XRP slides as retail demand cools, shrugs off Ripple's MiCA license approval

Ripple edges lower while trading around $1.13 at the time of writing on Tuesday. The remittance token upholds a broader bearish bias, attributed to softening retail interest and the lack of strong catalysts to prevent rallies from being sold as investors appear to prefer short-term gains.

Bitcoin struggles despite renewed ETF inflows as Strategy sale impact fades

Bitcoin falls below $64,000 on Tuesday, erasing part of the recent gains following six consecutive days of price rises. Institutional demand shows signs of recovery, with spot ETFs recording a second day of inflows through Monday after weeks of outflows.

Crypto Today: Bitcoin, Ethereum, XRP struggle to build momentum despite returning ETF inflows

The cryptocurrency market continues to struggle with dominant headwinds, with Bitcoin (BTC) hovering around the short-term $63,000 support, Ethereum (ETH) holding below $1,800 and Ripple (XRP) testing the demand area at $1.13.

Pi Network flashes early reversal signals at the last line of defense

Pi Network is trading near its lowest level at $0.1100 on Tuesday, under intense downside pressure. PI remains vulnerable to steeper corrections, with its fourth straight day of losses amid weak market-wide risk appetite.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.