XRP, SOL, and ADA Set to Soar? Grayscale ETF Approval Could Be the Game-Changer!

Jakarta, Pintu News – The month of July opened with a bullish sentiment in the crypto market, after the United States SEC officially approved the long-awaited ETF proposal from Grayscale.

Although recent price movements have been sideways, the July 2 decision is an important milestone in terms of regulation.

This approval gives the green light for Grayscale to convert their Digital Large Cap Fund product – which includes Bitcoin , Ethereum , XRP, Solana , and Cardano – into a fully legal exchange-traded fund (ETF).

As a result, XRP, SOL, and ADA have emerged as strong candidates with the potential to perform well throughout this month. However, such potential remains dependent on market sentiment and the state of various technical indicators.

In this July 2025 edition of crypto predictions, here is a look at the possible price movements of these altcoins, based on the CCN website.

XRP (XRP)

Throughout June, the price of XRP tends to move sideways, but still stays above the $2 level. For July 2025 crypto predictions, this altcoin is expected to experience significant changes, especially after the SEC gave the green light for the conversion of the Grayscale Large-Cap Fund into an ETF.

Read also: Ripple Price Prediction: Can XRP Reach $3 in July 2025?

This development also seems to increase the chances of a dedicated spot ETF launch for XRP in the third quarter (Q3).

In its statement, the SEC stated: “The Commission finds that the Proposal, like other previously approved ETP products, is reasonably designed to promote the disclosure of information necessary for stock pricing, discourage trading when the level of transparency is inadequate, protect material non-public information regarding the fund’s portfolio, and maintain a fair and orderly stock market.”

Technically, the 4-hour chart (2/7) shows that XRP is trying to break out of a falling wedge pattern. Although the move above the upper trendline is still premature, several other indicators support the potential for a longer rally.

For example, the Chaikin Money Flow (CMF) has broken above the zero signal line. This rise indicates that XRP accumulation is outperforming its distribution.

If this trend holds, the price of XRP could potentially break the resistance at $2.71. In addition, the Awesome Oscillator (AO) has also moved into the positive zone, indicating increasing bullish momentum.

If these conditions continue to improve throughout July, XRP could break through to the $3.40 level.

However, if demand for the token declines despite the ETF’s recognition, then the XRP price could be depressed to $1.60 – close to the 0.618 gold ratio in that scenario.

Solana (SOL)

On the daily chart (2/7), Solana’s price movement is seen forming a symmetrical triangle pattern. However, a closer look shows that SOL is trying to break the upper trendline of the pattern.

This formation indicates that the altcoin is trying to break out of its consolidation phase and is preparing to go higher. Solana’s price has also managed to surpass some important Exponential Moving Averages (EMAs).

Read also: Solana Wallet Activity Surges: Can SOL Reach $184?

As can be seen, SOL is now trading above the EMA line, having previously dropped below the 20 EMA (blue) and 50 EMA (yellow). This change indicates that SOL has the potential to ward off a short-term correction.

With the support of the 20 EMA and 50 EMA, SOL has a chance to break the upper trendline and reach $171.41. If this scenario is successful, the next target could be at $218.63 before July 2025 ends.

Conversely, if SOL drops below the EMA line again, then the price could drop through the lower trendline of the symmetrical triangle pattern. If that happens, this bullish prediction may be invalidated, and SOL’s price could drop to around $137.80.

Cardano (ADA)

Technically, Cardano’s price formation on the daily chart shows a similar pattern to XRP. It can be seen that the price of ADA is forming a falling wedge pattern.

However, the Chaikin Money Flow (CMF) indicator started to move up and almost broke the zero signal line. For this to actually happen, ADA’s trading volume must increase.

If the volume increases, Cardano prices have the opportunity to retest the resistance area at $0.68. If buying pressure strengthens at this level, ADA could rally to reach $0.77 during July.

Conversely, this prediction could fall if the CMF fails to break above the zero line. In that scenario, ADA is likely to drop towards the $0.45 level.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CCN. XRP, SOL, ADA on Track To Be July’s Hottest Picks After SEC Approves Grayscale ETF Proposal. Accessed on July 3, 2025