XRP Targets $4 and Solana Eyes $250 as ETF Buzz Lifts The Crypto Market

Cryptocurrency analysts are raising price targets for XRP and Solana (SOL) amid renewed speculation that crypto-based exchange-traded funds (ETFs) could gain regulatory traction in the United States.

According to a report published by CoinDesk, analysts from multiple firms are projecting XRP to hit $4 and Solana to reach $250 over the next several months, driven by institutional interest and broader macro trends.

With its bullish view, however, the cryptocurrency asset market is slowly righting itself from declines still seen in 2022/2023, with many of the top coins showing strength in 2025. This is possible given the wider market rally and regulatory clarity, as well as changing narratives around ETFs.

XRP Price Forecast Rises to $4

As of 26 July 2025, XRP is trading around $3.15, up from an estimated start-of-year price of approximately $1.90. This represents a price increase of about 66% so far this year.

The CoinDesk article includes a note from K33 Research, which has a mid-term target of $4 for XRP. The forecast is partly because of increasing speculation that an ETF based on Ripple could come after the Ethereum and Solana ETF filings.

Although as of July 26, there has been no formal filing of an XRP-specific ETF, discussions about it have resurfaced in light of Ripple CEO Brad Garlinghouse’s recent comments about the company being “open to looking at structured investment products” if the regulatory environment continues to improve.

Solana Eyes $250 on Strengthening Fundamentals

Meanwhile, Solana (SOL) has continued its strong 2025 performance, trading around $186 at the time of writing. Analysts project the token could climb to $250 in the coming months, citing continued adoption of Solana-based decentralized applications and speculation over a potential Solana ETF.

Earlier this month, VanEck filed for a Solana spot ETF, and 21Shares followed with a similar filing shortly after. These developments have ignited investor sentiment, with SOL up nearly 30% in the last 30 days.

Analysts at TD Cowen noted in a research memo that Solana’s high-throughput blockchain architecture and growing developer ecosystem position it favorably for institutional investment exposure through ETFs. They also cited real-world applications, including DePIN projects and Solana’s use in consumer-facing apps, as strong tailwinds.

ETF Optimism Boosts Broader Market Confidence

The uptick in price targets is not isolated to XRP and Solana. Across the digital asset landscape, ETF discussions are breathing new life into altcoin trading volumes and investor interest.

The U.S. Securities and Exchange Commission (SEC) approved several spot Bitcoin ETFs earlier this year, and Ethereum ETF applications are expected to see a ruling by August 2025. Analysts believe that if those Ethereum funds are approved, it could open the door for further spot crypto ETFs.

“Approval of Ethereum ETFs will likely become a catalyst for alternative Layer 1 tokens like Solana,” said Eric Balchunas, ETF analyst at Bloomberg, in a recent interview with CoinDesk. “It changes the way institutional investors think about portfolio allocation in crypto.”

Regulatory Context Remains Key

While optimism is increasing, the area of regulatory uncertainty remains an issue. The SEC has not yet determined if assets – essentially cryptocurrency assets – like XRP and Solana fit within the necessary definition of an asset to be accepted in an ETF.

However, the markets seem to want to position with respect to the direction of policy. Moreover, analysts have argued that using similar concepts as a basis, the evolving political environment post-2024 U.S. election cycle is much more conducive to supporting crypto innovation, with bipartisan bills addressing and advancing digital asset frameworks in both the House and Senate.

Institutional Flow and Technical Setup Align

Beyond ETF speculation, institutional inflows into crypto markets have been steadily rising. According to CoinShares’ Digital Asset Fund Flows Weekly, funds tracking Solana saw over $23 million in inflows in July alone, second only to Bitcoin.

From a technical perspective, both XRP and Solana have broken above key resistance levels, with volume surging alongside. Traders see the $1.00 level as short-term support for XRP and the $170 range acting as a base for SOL.

If momentum holds, chart analysts expect continued upward movement. Fibonacci extensions and moving average crossovers suggest a potential path toward the cited price targets, barring any major macro disruptions.