Price predictions for Ethereum, Solana, and XRP in the bullish cycle
In the context of the vibrant cryptocurrency market, Myriad Markets' prediction markets are attracting significant attention regarding the next price movements of Ethereum (
$ETH ), Solana (
$SOL ), and
$XRP .
Ethereum aiming for the 5,000 USD milestone
ETH has increased by over 53% in the past month and is now just 6.6% away from its all-time high. Investors on Myriad believe that ETH will surpass the 5,000 USD mark in 2025 with a prediction rate of 82%. The main momentum comes from the continuous influx of capital into the funds
#ETFETH and the accumulation race of ETH by treasury companies.
XRP and Solana face challenges
XRP reached a new all-time high in July but then dropped by 16%. The predictors on Myriad lean towards the possibility that XRP will reach 4 USD before falling to 2 USD, with a rate of 68%. The momentum may stem from Ripple's recent legal victory and the potential approval of an XRP ETF.
Solana is experiencing a resurgence after a 33% decline from its January peak. The prediction rate that SOL will achieve a new ATH in 2025 has risen to 45%. Contributing factors include the market's revival, the potential launch of a Solana ETF, and renewed interest in
#memecoin on the network.
All three of these cryptocurrencies are expected to benefit from the Fed's interest rate cuts in September and potential ETF approval decisions.
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