Ripple (XRP) v Solana (SOL): Where Will Bulls Rally?

Digital assets have marked positive sentiments this week as cryptos like Ripple and Solana see slight inflows. Both assets move upwards with other top coins as Bitcoin (BTC) taps $70,000. The surge is due to a flip in market sentiments with crypto enthusiasts making bulls projections. 

The total market capitalization stands at $2.61 trillion marking a 1.7% increase following upticks in intraday volumes. Ripple and Solana are popular altcoins that see surging projections in a bull market with both communities setting short and long-term milestones.

Ripple and Solana Record Gains

Ripple has seen slight 0.98% inflows in the last 24 hours to trade at $0.5261. The recent upward movement in the asset has led to shrinking weekly losses. Weekly outflows stand at 0.01% trading sideways monthly figures plunged 1.2%. Bulls have ignited around Ripple despite its recent regulatory debacle with the Securities and Exchange Commission (SEC). 

The market capitalization of the asset is at $29.1 billion with daily trading volumes soaring above 8%. Ripple’s community continues to project more inflows on social media spaces as bulls set sights on a $0.7 price.

Solana, an asset described as an institutional investor favorite is up 1.13% today with weekly outflows declining to 0.7% while monthly numbers saw gains of 14.2%. Solana is known for outpacing the market during a price rebound and has seen bullish activity in the past few days. Currently trading at $168.53, intraday trading saw the altcoin tap $170 before a slight correction. Solana’s bulls also set sights on its surging meme ecosystem to drive growth.

Wider Markets Attract Inflows

Crypto assets march upwards with Bitcoin and Ethereum bulls anticipating more inflow after a flying start to the week. Other altcoins and meme coins also show increased momentum this week. BNB spiked 7% in the last 24 hours while Toncoin and Cardano saw 5.36% and 0.5% respectively. While BNB exchanges hands at $670, Toncoin and Cardano trades at $7.08 and $0.4626. 

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