XRP and Solana are regaining upward momentum after recent sell-offs, with traders eyeing renewed institutional interest and improving technical structures as drivers of the rally.

XRP has reclaimed the $3 mark, bouncing back from a midweek dip below its 50-day moving average that saw prices drop to $2.72 amid profit-taking by large holders. The recovery has shifted focus to a potential breakout above $3.10 — a level that, if cleared, could open the door to $4 and beyond.

“With growing institutional participation, expanding on-demand liquidity (ODL) use, and optimism around a possible ETF, XRP’s path to $3–$5 by year-end remains well within reach,” said Ryan Lee, chief analyst at Bitget, in a note to CoinDesk on Saturday.

The optimism follows a series of regulatory victories for XRP and increasing speculation that exchange-traded products could serve as a new avenue for mainstream exposure. Despite recent whale-driven selling, some analysts argue that long-term capital flows still favor further upside if key resistance levels are breached.

Solana (SOL) is showing comparable strength, rallying 10% in the past 24 hours to trade near $206. The token found strong buying support in the $175–$180 zone, fueled by surging demand from ETF-linked staking and a growing decentralized finance (DeFi) ecosystem. Rising open interest and total value locked (TVL) in Solana protocols further reinforce the bullish narrative.

Market watchers say that a firm break above the $205–$210 range could set the stage for a run toward $250–$260, with some high-conviction models even projecting targets as high as $300 if momentum continues and ETF clarity emerges.

“If both XRP and Solana maintain their technical strength, they could lead the next wave of altcoin outperformance heading into late 2025,” Lee concluded.