The post Top Cryptos to Watch This Week: Ethereum, XRP, and Solana Signal Strong Rebound appeared on BitcoinEthereumNews.com.

Top cryptos to watch this week: Ethereum, XRP, and Solana, which are showing early signs of recovery after recent dips. ETH trades near $1,640; Vitalik Buterin proposes replacing EVM with RISC-V to improve speed and reduce costs. After three rough weeks of downward pressure, the crypto market is finally showing signs of recovery. Bitcoin, which had dropped below $74.5K earlier this month, is now trading above $87K — bringing a wave of positivity across major altcoins as well. The overall sentiment has shifted from panic to cautious optimism as investor confidence returns. Still the fear and greed index stands at 34, indicating “Fear.” This week, all eyes are on Ethereum (ETH), XRP, and Solana (SOL) — three of the top performing coins from the past, as they are expected to recover in this market rebound. Ethereum (ETH) Ethereum has bounced back strongly, currently hovering near the $1,640 zone. Last week, ETH dipped close to $1,415 due to profit-booking and macroeconomic uncertainty. But now with broader market strength and optimism around the upcoming changes could have a profound impact on ETH’s price.  Ethereum’s co-founder Vitalik Buterin recently proposed a significant update to Ethereum’s infrastructure, replacing the current Ethereum Virtual Machine (EVM) with RISC-V, an open-source instruction set architecture. This change is expected to boost Ethereum’s speed and reduce transaction costs, making it more scalable and user-friendly for developers. This move is in line with Ethereum’s broader strategy to enhance its network’s efficiency and lay the groundwork for future upgrades. Ethereum is trading at $1,639.54 with immediate resistance near $1,650. A breakthrough above this could push the price towards the next resistance at $1,700. On the downside, the immediate support lies at $1,570, followed by a stronger support around $1,500 if the price faces further pressure. Ripple’s XRP XRP has also made…

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Filed under: News - @ April 21, 2025 12:22 pm