Cryptocurrencies Price Prediction: Ripple, Solana & Ethereum – Asian Wrap 17 March
Will Ripple (XRP) reach a $200 billion valuation if SEC approves altcoin ETFs in 2025?
XRP price rebounded above $2.42 on Friday, marking a 28% recovery from the weekly timeframe low of $1.90. The rally was fueled by the U.S. Securities and Exchange Commission’s (SEC) kicking off settlement talks with Ripple, and speculations the Blackrock could launch altcoin derivatives products.
Solana gains 9% after garnering historic number of on-chain votes in failed SIMD-228 proposal
Solana (SOL) is up 9% on Friday following the result of the recent Solana Improvement Document (SIMD) 0228 governance vote, which failed to meet the required 66.67% approval threshold of participatory votes.
Ethereum Price Forecast: DeFi sector could be at huge risk if ETH declines to $1,000
Ethereum (ETH) gained 3% on Friday, trading above $1,900 at press time. Despite the recent slight gains, the top altcoin could spark a huge loss in the DeFi sector if it resumes a bearish trend and declines toward $1,000.
Author
FXStreet Team
FXStreet
