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Cryptocurrencies Price Prediction: Solana, Ripple & Avalanche – American Wrap 02 July

Cryptocurrencies Price Prediction: Solana, Ripple & Avalanche – American Wrap 02 July
FXStreet TeamFXStreet TeamFXStreet

Solana price rebounds backed by staking ETF launch, DeFi Dev's $100 million offering for SOL purchase

Solana (SOL) is showing signs of extending its recovery, following a 4% increase to trade at $153 on Wednesday. This uptick in price comes amid key adoption milestones, including the launch of the first Solana staking Exchange Traded Fund (ETF) in the United States (US).

Ripple Price Forecast: XRP flaunts optimistic technical structure as Ripple expands stablecoin transfers

Ripple (XRP) extends its sideways trading, hovering at around $2.18 on Wednesday. Recovery has largely been limited despite Ripple’s announcement of stablecoin expansion and the advancements made on the XRP Ledger, which integrated the XRPL EVM Sidechain on Monday.

Avalanche, Toncoin Price Prediction: AVAX, TON active addresses double, signaling bullish breakout 

The cryptocurrency market generally edges higher on Wednesday, with select altcoins such as Avalanche (AVAX) and Toncoin (TON) staging minor recoveries. AVAX has increased over 3% on the day and is currently trading at $17.59. The bullish outlook extends to TON, which is currently trading at $2.82, representing an increase of over 1%.

 

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