In the face of geopolitical tensions in the Middle East, cryptocurrencies are experiencing market fluctuations. However, XRP demonstrates relative stability, supported by new partnerships and institutional confidence. According to CoinCodex, XRP is currently trading at $2.29.
The short-term forecast suggests a slight decrease to $2.24 by mid-July, a drop of 0.70 percent. Technical indicators generally paint a bullish picture, with a Fear & Greed Index of 61 (Greed) and a 14-day RSI of 46.65 (neutral). The 50-day SMA is $2.30, and the 200-day SMA is $1.87.
The integration of USDC into the XRP Ledger underscores its ambitions in global payments. Trident Digital's $500 million investment in XRP further signals institutional trust. A potential support level is at $2.20, with possible targets of $2.40 to $2.60 if market sentiment improves.
Meanwhile, the Solana-based Layer-2 project Solaxy ($SOLX) has concluded its presale with over $53.4 million. A final opportunity to invest at the listing price of $0.001764 is available for a few days. In the last three days alone, an additional $4 million flowed into the project.
Solaxy is preparing for its mainnet launch in July. SOLX could benefit from market upswings, similar to the roles of Polygon or Base in the Ethereum ecosystem.