Daily Solana Comments Daily Ripple Comments

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Solana reached around $138 with a price movement that started at $130 in the last 24 hours. The fact that it failed to exceed the $140 level during the day shows that it still faces strong resistance in technical analysis. The opening of the beta version of the decentralized exchange aggregator called Titan and liquidity optimization with the Talos algorithm contribute to the strengthening of the Solana network in terms of technology and scalability. However, the negative MVRV rate and the decrease in transaction volumes may increase the pressure on the price. Macro factors such as the US interest rate decisions and the stagnation in memecoins in particular create a weakness on Solana. While rising above the $140 level in the short term may trigger a stronger rally, otherwise the possibility of the price falling back to the support in the $120-125 range should not be ignored. Although the diversification of DeFi applications on the Solana network and whatsapp number list the total wallet addresses exceeding 11 million maintain the robustness of the ecosystem, price dynamics seem to be highly dependent on macroeconomic factors.

Ripple price has risen from $2.3854 to $2.4649 in the last 24 hours and has followed a horizontal trend in the process. The ongoing legal battle with the SEC turned in favor of Ripple with Garlinghouse's positive statements, which increased the price by 11.32% last week. However, this upward effect seems to be limited and the $2.56 level stands out as a significant resistance. If it exceeds this level, scenarios where the price can make a stronger upward movement can be expected. On the other hand, the decrease in the number of new addresses on the XRP network and the weakness in transaction activities are among the factors limiting the price increase. The fact that the Elliott Wave Theory is in the consolidation phase can carry the price to wave movements in a possible increase. It is important to pay attention to the $2.27 support level in the short term. Macroeconomic developments, especially the general performance of altcoins, are another critical factor that can directly affect XRP's price movements.