ETF Optimism Fuels Analyst Calls: $4 for XRP, $250 for Solana

ETF Optimism and Legal Clarity Revive Bullish Outlook for XRP and Solana

XRP and Solana are attracting renewed market attention as institutional sentiment improves and ETF speculation gains traction — despite recent volatility across the broader crypto landscape.

XRP, in particular, has been buoyed by growing anticipation around a potential spot ETF. While current exposure remains limited to futures-based products like ProShares’ UXRP, analysts say a shift in regulatory posture could open the door to further institutional inflows.

“XRP is regaining momentum as ETF optimism combines with greater legal clarity,” said Jamie Elkaleh, CMO of Bitget Wallet. “This is contributing to deeper liquidity and strengthening XRP’s structural case in U.S. markets.”

The token briefly surged past $3.60 earlier this week before falling back to around $3.09, following more than $100 million in leveraged long liquidations and a $175 million transfer from a wallet linked to Ripple co-founder Chris Larsen. Despite these headwinds, sentiment remains constructive.

“The convergence of regulatory clarity and ETF speculation is driving renewed upside for XRP,” said Ryan Lee, Chief Analyst at Bitget Research. “If the momentum holds, a push toward $3.50 to $4.00 is likely in the coming weeks.”

Solana is also benefiting from the wave of ETF-related enthusiasm. Currently trading near $197, SOL is supported by sustained ecosystem growth and growing institutional interest. Analysts suggest that if current adoption trends continue, a move into the $200–$250 range is within reach.

“ETF discussions around Solana are drawing investor attention,” Elkaleh noted. “Combined with a more favorable regulatory environment in the U.S., both XRP and SOL are poised for further upside.”

While macroeconomic uncertainty and regulatory risk remain on the radar, improving liquidity and rising institutional engagement are strengthening market structure. Futures-based ETF products are already proving to be effective entry points for investors — and a spot product could amplify the effect.

Analysts believe the next leg higher will depend on more than just speculation — sustained capital inflows will be key to validating the bullish case.