Crypto Bull Run: Time to Buy Solana, XRP, or Pepe Coin?

The crypto market is in a state of transformation and altcoins are taking a big chunk of the $1.2 trillion market cap. In 2024, altcoins made up over 45% of the top performing assets, some of which gained over 700%. As blockchain adoption continues to grow, the industry is projected to have 2 billion users by 2030.

Crypto market cap. Source: CoinMarketCap

With the re-election of Donald Trump as President of the United States, the crypto space has become even more energized. Trump’s pro-crypto stance and appointments like Paul Atkins as SEC chairman have boosted investor sentiment.

This environment led to the explosive launch of TRUMP, a Solana based meme coin endorsed by Trump. Launched just days before his second term, TRUMP’s market cap reached $9 billion shortly after its release, outperforming other meme coins like Pepe (PEPE) and Bonk (BONK).

Bitcoin has had a love-hate relationship with $100,000 in the broader market, bouncing around this number during corrections and rallies. Despite recent economic data showing lower than expected inflation which usually boosts Bitcoin’s price, the response has been surprisingly muted with only a small bump.

As the market adjusts, investors are also looking at other candidates like Ripple’s XRP and Pepe coin which could deliver big gains

Solana: Can Solana cross $500 amid rising volume?

Solana is on fire and everyone is taking notice. CoinMarketCap shows Solana (SOL) up 11% in the last 24 hours and hit a high of $294.33. In a week SOL went from $175.18 to $294.33 and it is trading near its all-time high of $294.33 set on Jan 19, 2025.

Solana monthly price action. Source. Bravenewcoin

The price and volume surge of Solana is mainly due to the massive demand for the $TRUMP token which has caused unprecedented trading volumes on the Solana blockchain. The coin hit a new all time high of $294.33,but has retraced towards $270.0. The speculation after the presidential inauguration on January 20 has further amplified the gains as investors are buying SOL to swap for $TRUMP and is boosting Solana’s market dynamics.

Several things are working in Solana’s favor. A Solana ETF is expected to be approved soon like the ones for Bitcoin which will bring in institutional interest and demand. Solana’s 24H DEX trading volume hit $15B,just hitting a new high with Solana having 60% of DEX market share, leaving Ethereum and its layer-2 solutions in the dust.

Market analyst Trader Tardigrade (@TATrader_Alan) has identified a bullish double bottom on Solana’s ($SOL) daily chart. This technical pattern which is a reversal pattern to the upside has been confirmed with a breakout above the neckline resistance at around $225. The breakout means more buying momentum and a change in market sentiment to the upside.

Source: X

Solana’s predicted price target is $280 which is a big upside from current levels. This is assuming the momentum continues with no major reversals or external events. According to Martini Guy on X (formerly Twitter), Solana ($SOL) will hit new all-time highs and go to $500. Ripple(XRP): XRP is Poised to hit $2.30 Million Market Cap and Eventually Target $3.5 Ripple (XRP) is back in the top 3 by market cap and is the top-performing cryptocurrency this year. This is after a series of bullish events including the presidential inauguration of Donald Trump and his pro-crypto administration which is expected to ease the regulatory pressure on US based digital assets.

XRP recently broke the $3 level for the first time in seven years, reaching $3.27 after a 47% surge fueled by a breakout from a bullish pennant formation. With a market valuation exceeding $187 billion, XRP’s value surpasses global giants like Coca-Cola and Disney.

XRP monthly price chart.Source:Bravenewcoin

The legal battle between Ripple Labs and the SEC has also favored XRP, with market sentiment buoyed by expectations of a favorable resolution under the Trump administration. This legal clarity could further cement XRP’s dominance in the crypto market.

Further supporting XRP’s rally is the news of XRP’s integration into a proposed U.S.-based crypto reserve, aligning with Trump’s “America-first” economic strategy. This strategic move could position Ripple’s XRP as a cornerstone asset in the evolving digital financial ecosystem.

XRP is gaining significant traction as a global payment solution, with notable developments highlighting its utility. Recently, India became the first country to use XRP for oil payments, signaling growing adoption in international trade. This milestone reflects XRP’s efficiency in cross-border transactions, offering faster speeds and lower costs than traditional systems.

Additionally, a massive whale purchase of 30 million XRP ($90 million) in just 30 minutes demonstrates strong institutional confidence and robust market demand, reinforcing optimism for its price trajectory.

Such high-value transactions indicate strong confidence from institutional players or high-net-worth individuals, signaling robust market demand and potential upward price momentum.

As highlighted by (@XrpGodCandle589), there is a bullish sentiment around XRP, with expectations of reaching a $2.30 million market cap and eventually targeting $3.5 million. This aligns with the optimism surrounding XRP’s expanding utility and increasing adoption.

Pepe Coin: A Potential Gem in the Meme Coin Market Projected to Reach $0.0000375

Inspired by the vibrant internet meme “Pepe the Frog,” Pepe Coin” has become a digital asset worth watching. With a current trading value of just $0.00001838, this meme coin is affordable and packed with growth potential, drawing in a crowd of enthusiastic retail investors.

PEPE monthly price chart. Source: Bravenewcoin

Pepe Coin has made headlines with a trading volume that reached 3.89 billion units, signaling a robust interest among traders. Moreover, recent listings on prestigious exchanges like OKX and Binance have broadened its market reach, allowing millions of new investors to tap into its potential.

Technical indicators further illuminate the bullish outlook for Pepe Coin. The coin is trading above its 100-day moving average—a strong sign of ongoing bullish momentum. The appearance of a Bull Flag on the charts suggests a potential rise to $0.0000375, nearly doubling its current value.

PEPE/USD technical chart. Source: TradingView

With a market cap surpassing $7.2 billion, Pepe Coin is approaching the market valuation of established players like Shiba Inu. Analysts are optimistic, projecting a 75% gain. According to Crypto Michael (@MichaelXBT), the cryptocurrency $PEPE has been consolidating for two months and shows signs of readiness for a significant upward movement.

He believes many people are underestimating the coin’s potential for a substantial rally, comparing its possible trajectory to the explosive performance of DOGE in 2021.

Investors looking to capitalize on Pepe Coin’s potential should monitor support levels, notably at $0.00001716, which has consistently provided a strong base during price dips. A strategic approach would involve buying at or near this support level and considering sales around resistance levels, currently pegged at $0.00002826.