Which Will Hit An All-Time High First?

On Oct 15, 2024

Ripple’s XRP token and Solana (SOL) are among the most popular cryptocurrencies in the market. While both projects have a loyal fanbase, SOL’s $72 billion market cap is more than twice that of XRP’s $30 billion.

SOL is currently down by about 40.4% from its all-time high of $259.96, which it attained in November 2021. XRP, on the other hand, is down by 84% from its peak of $3.40, reached in January 2018, more than six years ago.

Also Read: Neiro Coin’s 5540% Surge: Will the Rally Continue?

What Is Keeping Both Assets Down?

SOL took a massive hit after FTX collapsed in November 2022. The asset’s price fell below $10 in late 2022 but has since made an incredible comeback.

XRP’s price has struggled to gain momentum over the last few years due to Ripple’s lawsuit with the SEC. The fintech company settled the lawsuit with a $125 million fine, and XRP does not seem to have any legal issues.

Let’s find out which asset will hit a new all-time high first.

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XRP Vs. Solana: Which Will Hit An All-Time High First?

solana sol ripple xrp — Source: coinmarketcap

According to Changelly, Ripple’s XRP token may hit a new all-time high in 2028, about four years from now. The platform anticipates the asset to trade at a maximum price of $3.57 in 2028, a rise of about 561.11% from current levels.

Also Read: Ethereum Gains 6.9%: Can ETH Hit $2800 This Week

On the other hand, Changelly predicts SOL will hit a new all-time high of $267.19 in October 2025, about a year from now. Hitting $267.19 from current levels will translate to a rally of about 73% from current levels.