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Jakarta, Pintu News – According to a recent report from WisdomTree, Ripple XRP10.70%->Current XRP PriceRp 31.93110.70%Market Cap-Trading Volume-Circulating Supply- and Solana SOL12.11%->Current SOL PriceRp 1.760.02512.11%Market Cap-Trading Volume-Circulating Supply- are expected to be the pioneers in the rise of altcoins by 2025.
The report highlights the impressive use cases and impending mass institutional adoption for both assets, promising a new era for investors seeking alternatives beyond Bitcoin BTC5.20%->Current BTC PriceRp 1.317.987.2025.20%Market CapRp 33.034 TriliunTrading VolumeRp 1.590 TriliunCirculating SupplyRp 19.797.675.
WisdomTree projects that 2025 will be a turning point for altcoins after Bitcoin (BTC) and Ethereum ETH12.50%->Current ETH PriceRp 26.379.82212.50%Market Cap-Trading Volume-Circulating Supply- reached important regulatory milestones in 2024.
WisdomTree’s Market Outlook report indicates that key jurisdictions will start accepting exchange-traded funds (ETFs) for leading altcoins. The report specifically highlights Ripple (XRP) and Solana (SOL) as altcoins that are expected to gain approval for ETP products in the global market.
Read also: Ripple (XRP) Crashing to $1? Should Investors Sell Now?
WisdomTree analysts stated that both assets have shown their potential as “institutional-grade investment vehicles.”
The approval of ETPs is expected to open up access to nearly $300 trillion in wealth under management.
Solana (SOL) continues to strengthen its position in the NFT ecosystem, decentralized applications (DApps), and decentralized finance DEFI4.25%->Current DEFI PriceRp 58,734.25%Market Cap-Trading Volume-Circulating Supply-, making it one of the leading blockchains in the crypto world.
On the other hand, Ripple (XRP) is further strengthening its position in cross-border transactions and global settlements. The stablecoin functionality of Solana and the near-instant transactions of the Ripple (XRP) Ledger are some of the reasons why these two assets received ETP approval.
Furthermore, WisdomTree analysts argue that the approval will open the door to wider crypto investment, allowing access to larger financial markets.
The presence of Ripple (XRP) and Solana (SOL) in the US Crypto Strategic Reserve confirms their growing institutional influence. The announcement has pushed the asset’s price to new highs, with speculation about the possibility of Ethereum (ETH) being replaced.
Read also: This Mexican Billionaire Invested 70% of His Wealth in Bitcoin – Here’s Why!
Ripple’s (XRP) case with the SEC is nearing resolution, with analysts predicting the end of the lawsuit in May. Meanwhile, Frank Templeton has filed an S-1 with the SEC to launch a Solana spot ETF, which adds to speculation about new price hikes.
Experts expect approval for Solana ETFs to occur in 2025, referring to the change in attitude by the SEC.
Overall, with various positive developments taking place, Ripple (XRP) and Solana (SOL) are set to lead the altcoin market by 2025.
Investors and market watchers should take note of these two assets as potential investment opportunities and as indicators of future broader crypto market trends.
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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.
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See Assets in This Article
5.2%
12.5%
10.7%
12.1%
4.3%
Bitcoin Price (24 Hours)
Market Capitalization
Rp 33.034 Triliun
Global Volume (24 Hours)
Rp 1.590 Triliun
Circulating Supply
Rp 19.797.675