Wall Street analysts forecast that new XRP and Solana exchange-traded funds will drive up the assets’ prices by attracting institutional investment. Ray Youssef, CEO of NoOnes, said that regulated products create a steady inflow channel.
The XRP and Solana ETFs have attracted just over $955 million in inflows over the past month, according to SoSoValue. This marks a sharp contrast to Bitcoin and Ethereum ETFs, which saw combined net outflows exceeding $5 billion during the same period.
Youssef predicts XRP will rise 33% and SOL 10%. Other analysts previously said they expect XRP to hit $2.50 and SOL to reach $160. The optimism comes as the broader crypto market climbed roughly 2%.
Source: DL News
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