Cryptocurrency

Solana Price Prediction: SOL To Resume Path To New Highs As XRP, Dogecoin ETF Decision Delayed

Written By : Market Trends

Solana continues to dominate in the layer-1 market, with on-chain stats driving calls for new highs this year. Meanwhile, XRP and Dogecoin ETF progress has stalled. Here’s what to know about why Solana price predictions remain firmly bullish and the latest on XRP and DOGE ETFs. 

Solana’s strength persists

Solana is leading the way in the layer-1 space right now. It regularly processes over 100 million transactions a day, with 4.5 million active wallets and 15 million new accounts created each week, as per SolScan. It’s busy, it’s fast and it’s only getting better.

The Firedancer validator, set to launch this year, will overhaul performance by making Solana faster and more resilient. A new consensus algorithm known as Alpenglow is set to boost speeds by 100 times. And with confidential transfers now live, privacy is finally part of the picture.

These factors have helped Solana to pull ahead in the DeFi space, settling comfortably behind Ethereum with $9.5 billion locked on-chain. It also ranks as one of the most stacked coins around; 65% of SOL is staked, a strong sign that investors see a bright future.

Source: CoinGecko

Bullish Solana price predictions reflect this picture. SOL is already up over 27% in the past 30 days, now at $179 after hitting a new all-time high of $293 in January. InvestingHaven places its Solana price prediction at a maximum of $655 in a best-case scenario, citing that many experts expect it to hit somewhere between $400 and $500 in 2025. 

XRP and Dogecoin remain stuck in limbo

The SEC just hit pause on the next round of spot ETF applications for XRP and Dogecoin. Giants like 21 Shares, Grayscale and Franklin Templeton were hoping for a green light by May 21–22. Instead, the next review date has been pushed to June 17, but most analysts expect final answers won’t come until October.

The delay comes down to standard procedure. The SEC’s going through its checklist: market integrity, public comment periods and whether these products meet the rules under Section 6(b)(5) of the Exchange Act. They want to be sure fraud risk is low and investor protection is solid. 

Source: Polymarket

There’s still strong interest, and betting markets remain optimistic. They give an XRP ETF and Dogecoin ETF an 83% and 63% chance, respectively. After all, Bitcoin and Ethereum ETFs went through the same thing.  

However, many investors are betting on approval as the catalyst for the next big pump in XRP and DOGE. With months to potentially wait, Solana’s fundamentals will likely attract attention in the meantime. 

Remittix continues to build with a $15.3 million raise

One project that may also be a strong alternative for DOGE and XRP investors is Remittix.

Remittix is building something with real-world utility: a platform that converts crypto and sends it directly into any bank account worldwide, all at a flat fee with smooth transfer. The sender can choose one of 40 cryptocurrencies to cash out in and the recipient doesn’t even need to know it started with crypto. 

The Remittix Pay API also makes it easy for businesses to accept crypto and settle in fiat. Merchants can cash out however they like, with 30+ fiat currencies and over 50 crypto pairs available.

This crypto-to-fiat off-ramp is gaining considerable traction right now, with over $15.3 million raised in the RTX token presale backing its plans. It’s recently moved up to $0.0781, with time running out to be a presale backer.

Solana and Remittix might be the most attractive options

Solana is pushing forward as XRP and Dogecoin investors are forced to wait on the sidelines, all while Remittix is building the rails for a frictionless cross-border future. With XRP and DOGE ETF decisions possibly coming as late as October, keep an eye on SOL and RTX they might just be some of the strongest near-term performers. 

Discover the future of PayFi with Remittix by checking out their presale here:

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