Solana, Ripple, and Cardano are making a strong comeback as the cryptocurrency market shifts towards an upward trend.
With the current BTC ETF wave, the cryptocurrency market seems to be heating up with positive indicators, pushing the top cryptocurrencies to reach new all-time highs.
Among other top cryptocurrencies, Solana, XRP, and Cardano have recently gained significant momentum. This is why these three altcoins are rising to new highs.
Can Solana break the $150 threshold?
Solana has recently gained attention by partnering with leading market companies such as Filecoin. SOL kicked off the month with significant gains, starting by reclaiming lost market capitalization data.
The cryptocurrency market has been up over 14% in the past two weeks. The latest surge has analysts hopeful that cryptocurrencies will soon surpass the ambitious $150 milestone.
At the time of writing, SOL is up 0.26%, trading at $105.36.
Cardano and Ripple are regaining their past glory
With consistent price increases pushing XRP to new highs, Ripple is ready to achieve significant positive momentum. The altcoin is currently trading at $0.5401. According to our latest analysis, if the XRP bulls can break through the resistance level, the altcoin’s price could also rise to $0.59.
Similarly, ADA is also showing positive price indicators. ADA bulls have helped push its price to $0.6. However, the price has also experienced a slight dip with the current trading price at $0.58, down 1.85% in the past 24 hours.
Cardano has recently drawn attention from cryptocurrency market players like Arthur Hayes, as it is an altcoin with significant value. Despite the negative market evaluations ADA has seemingly received recently, this altcoin appears unaffected and continues to rise in price.
