As XRP’s price continues to move sideways following a series of positive developments, traders and long-term investors are wondering where the coin might head next.
The US Securities and Exchange Commission (SEC)’s lawsuit against Ripple recently concluded in Ripple’s favor, creating a bullish and history-making moment for the XRP community to celebrate. Speculation about XRP ETFs is also heating up, as Wall Street institutions are now more likely to feel comfortable offering XRP-based products to their clients.
While the broader crypto market is still adjusting to the Trump administration’s latest policies, some analysts are wondering if XRP can deliver the explosive gains that many have anticipated.
In the meantime, a new player riding its own wave of excitement is Solaxy ($SOLX). With its highly successful presale raising nearly $29 million, Solaxy is shaping up to be one of 2025’s most talked-about crypto projects.
Early buyers can still secure SOLX tokens for $0.001682 and stake them for high passive rewards during the presale.
XRP’s Q2 Outlook: Can it Finally Break Out?
For investors who’ve been following Ripple’s developments over the last few years, it’s been a nonstop cycle of lawsuits, price dips, and partial recoveries.
XRP has shown impressive stability since it pumped in response to Donald Trump’s re-election in November 2024—a political shift that initially fueled a broader market rally. Thanks to the new administration’s constructive stance on the Web3 industry, investors believe the worst regulatory and political hurdles for XRP are finally behind it.
Despite the SEC lawsuit’s favorable settlement, XRP’s price hasn’t yet exploded a second time, as some had hoped. Instead, XRP is currently consolidating above $2.
The famous trader Peter Brandt has highlighted what he calls a “classic complex head and shoulders top” in XRP’s daily price chart.
Brandt also claimed that XRP could drop toward $1.07 if this formation plays out—unless it first breaks above $3.0, which would invalidate the bearish scenario.
A few days ago, Ripple made headlines by filing a trademark for “Ripple Custody.” Some have interpreted the news as a bullish sign that Ripple might move into the crypto custody space, adding a new way to support XRP’s existing utility.
However, analysts like Britto have also pointed out that Ripple might be spreading itself too thin.
These mixed views have left XRP holders and traders uncertain about Q2’s outlook.
For bullish XRP enthusiasts, the current situation represents both a challenge and an opportunity. If the market declines, investors willing to play the waiting game could buy XRP at bargain prices before the coin attempts a stronger recovery.
Many investors are unwilling to rely on established cryptos for quicker and more significant gains, and have begun searching for potential growth elsewhere. Solaxy is quickly emerging as a favored option—especially given its bold mission to fix Solana’s congestion issues.
Analysts Believe Solaxy Could 10x While XRP Struggles
Being the first Layer 2 (L2) solution for Solana, Solaxy ($SOLX) has won the support of the Solana developer and user communities as it approaches the $30 million presale milestone. This is an especially notable achievement, considering how cautious the overall crypto market has been so far this year.
Solana has a long and storied history that sets up the perfect backdrop for Solaxy’s success. It debuted in 2020 to provide high throughput and low fees, and its native cryptocurrency ($SOL) eventually climbed to a peak $123 billion market cap. Unfortunately, Solana’s momentum has often been impacted by network congestion and transaction failures, especially during major NFT mints and meme coin launches— and this has created large amounts of fear, uncertainty, and doubt around the project.
This is where Solaxy’s L2 solution comes into play. It will batch and execute transactions off-chain, and then settle them on Solana’s mainnet—dramatically reducing congestion and increasing transaction speeds.
Investors and influencers have been vocally supportive of Solaxy, drawing parallels between its scalability-focused approach and Ethereum L2 solutions like Arbitrum ($ARB) and Optimism ($OP).
Both the ARB and OP tokens have already surged to multi-billion dollar valuations, especially after gaining attention from top crypto analysts and landing on major exchanges.
Analysts now believe the same could happen to Solaxy, given the urgent need for Solana to address its congestion problems.
The popular YouTube channel 99Bitcoins, known for its deep-dive analyses and market predictions, recently compared Solaxy to the success stories of Ethereum L2s.
The channel’s host argued that if Solaxy fulfills its mission, it could do for Solana what Arbitrum did for Ethereum—potentially igniting a surge in new applications, NFT projects, and DeFi protocols.
While XRP has a massive market cap and brand recognition, it’s harder for a large-cap crypto to see a 10x jump than it would be for a smaller, emerging project.
With SOLX tokens still available for $0.001682 in their latest presale stage, a 10x jump would bring the price to just above one cent.
How to Participate in the Solaxy Presale
Solaxy’s team has been proactive, and shared frequent updates regarding their L2 test environment. With institutional interest rumored to be circling around scaling solutions again, many speculate that venture capital funds will further support L2 projects.
If Solaxy can effectively handle Solana’s excess transaction loads, it could become the next big success story in the L2 space. There’s still time to grab SOLX at $0.001682 before its presale price increases again.
Looking at the pace of Solaxy’s presale funding so far, there’s a strong chance that SOLX tokens could sell out ahead of schedule.
To buy SOLX tokens, visit the official Solaxy website. You can connect a compatible crypto wallet (for example Best Wallet), and make a purchase using USDT, USDC, ETH, BNB, or SOL. You also have the option to invest using a normal bank card.
Presale buyers can create a new passive income stream (and ride out the current market volatility while accumulating more tokens) by staking their SOLX for a dynamic APY of up to 141% pa.
