- XRP’s price consolidation near $3.17, paired with increased volume and optimistic long-term targets, signals rising expectations for a major breakout.
- Despite a 12% weekly dip, SOLO’s 80% monthly gain and consistent liquidity underscore its resilience and growing mid-cap appeal within XRPL.
- PHNIX’s 12% rebound and rising whale activity point to renewed micro-cap interest as traders rotate into undervalued XRPL tokens.
XRP continues to attract investor attention as it approaches key technical thresholds. Currently priced at $3.16, XRP has risen 2.6% over the past 24 hours. Technical analysis shows a short-term support at $3.02, with immediate resistance at $3.17.
On-chain metrics and market sentiment as a whole suggest that volatility may significantly pick up in what seems like the near future as price remains tight in its current range. D.I.Y. Investing reports that the magnitude of the XRP breakout is large, and many participants underestimate it.
He argued that the recent surge may be just the beginning, describing the current setup as the moment long-term holders have been anticipating. Some traders are now citing long-term targets as high as $30, particularly those who accumulated near $0.15, suggesting a pivotal juncture may be approaching. Although such projections are still speculative, they indicate the increase in optimism and growing community anticipation as the volume of trades gradually builds.
Sologenic (SOLO) Shows Resilience With 80% Monthly Gain Despite Weekly Pullback
Sologenic (SOLO) is one of the most liquid assets on the XRPL network. It is currently selling at 0.444, which is a decrease of 12 percent compared to last week, but has still a 30-day increase of 80 percent. Its market capitalization is currently at 177M dollars, ranking the token as no. 3 on the XRPL chain, just under XRP.
The recent downbeat does not indicate that trading data is not experiencing good levels of activity and liquidity, which indicates underlying strength. Volume has remained consistent as more traders seek mid-cap opportunities within the XRPL framework.
SOLO’s sustained performance highlights continued interest in its ecosystem positioning. As the broader market consolidates, SOLO has maintained higher-than-average participation, suggesting that market watchers continue to view it as a significant XRPL asset.
Phoenix (PHNIX) Rebounds 12% With Increased Whale Engagement
Phoenix (PHNIX) has posted a 12% recovery in the last 24 hours, lifting its market capitalization to $15.7 million. It recorded 1,488 daily transactions and a trading volume of $273,000, backed by $1.3 million in liquidity. This renewed price movement coincides with an uptick in whale participation, with 248 maker addresses identified on-chain.
PHNIX’s bounce comes as several smaller XRPL tokens regain attention during the current market rotation. The increase in unique wallet activity suggests that accumulation is underway, particularly among larger holders seeking early entries. The token’s recent momentum places it among the more actively watched micro-cap assets within the XRPL ecosystem.
XRPL Tokens Trade Below Highs as Network Activity Expands
Other XRPL tokens such as PONGO and Lucretius (LUC) are also trading at discounts compared to their weekly highs. This pattern indicates potential accumulation ranges as short-term corrections sweep across the network. These tokens have shown bursts of volume and participation, even while lagging behind their previous peaks.
Collectively, XRPL-based tokens are experiencing renewed momentum, supported by growing transaction volumes and a rise in unique wallet holders. As XRP consolidates near $3.17 resistance, sentiment around the ecosystem remains elevated. The mention of a possible $30 XRP target by some long-term traders reflects a broader optimism, though the path ahead depends heavily on market structure and sustained demand.
