Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Altcoins are rising again. Thanks to growing excitement around ETFs, bullish price trends, and increasing activity on the blockchain, the market is turning green. Big names like Ethereum, Solana, XRP, and Cardano are flashing buy signals.
In a recent update, the SEC recently acknowledged Grayscale’s new filing to turn its GDLC fund into a spot ETF. This fund holds a mix of cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Cardano. It’s a sign that Grayscale wants to offer more than just Bitcoin and Ethereum investment products.
Nate Geraci, President of ETF Store, said this shows real progress with the SEC and said that the chances of approval look good. If approved, it could also clear the path for separate spot ETFs for XRP, Solana, and Cardano in the near future.
Ethereum is currently trading at $2,459, down 1.6% in the last 24 hours. It recently broke above 50-day EMA at $2,429. If it holds the support at $2,461, then the next target could be at $2,724. Analyst Michaël van de Poppe says that Ethereum is holding strong and could start moving up in the coming weeks, with a target of $3,400. He also predicts that Ethereum utility coins are set to shine in the months ahead.
Furthermore, analyst Mikybull highlights that whale buying is at its highest this cycle and it is giving off strong 2017 bull run vibes.
Solana recently broke its downtrend and is set for a strong week ahead. The ecosystem is also showing fresh signs of strength. It has been in a steady uptrend for nearly two years and hit a new all-time high in 2025. Analysts now expect another rally, with a 20-25% price pump likely.
XRP is also approaching a possible breakout. With a 70% chance of a lawsuit settlement by August, regulatory clarity may trigger a wave of institutional investment. Analysts predict that XRP could hit $5.81 in 2025, while Vincent Van Code sees a longer-term target of $30-$50.
Cardano is also making headlines with a $100 million ADA treasury conversion into BTC and stablecoins to boost DeFi liquidity. Its stablecoin market cap has grown 30%, showing strong activity. ETF approval odds are now at 55%, adding to investor optimism.
ADA could surge between $1.20 and $5.66, driven by DeFi expansion and growing Layer-2 adoption.
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