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XRP Fights for Survival Right Now, Shiba Inu (SHIB) Lost It, Will Solana (SOL) Finally Bounce?
As the cryptocurrency market continues to experience extreme volatility, XRP is struggling to stay afloat. Meanwhile, Shiba Inu has lost its footing and Solana is waiting in the wings, poised to potentially bounce back.
In recent news, Ripple executive said that the sky-high price of XRP is not only due to hype but also because it will play a crucial role in the future of finance. He believes that the financial world is rapidly evolving towards blockchain-based systems.
As a result, the potential applications of XRP in these areas are enormous and could drive its value even higher, according to Ripple’s executive.
On the other hand, Shiba Inu has been under intense pressure due to the recent market downturn. Despite being one of the most popular cryptos, SHIB lost significant ground and will need to regain traction if it hopes to recover from this slide.
Solana, on the other hand, is a highly scalable blockchain that has gained popularity in recent months. As we continue to move forward and the value of cryptocurrencies continues to shift, SOL might finally get the bounce it needs.
RLUSD is expected to reach $1,200 despite some uncertainties in the market.
The tweet by Naval Ravikant highlights his analysis of the Twitter takeover, which he describes as a single most consequential act of the last decade. He emphasizes Musk’s role in restoring free speech and reshaping the conversation.
Source: u.today
