Popular Exchange Adds Ripple (XRP) and Solana (SOL) EUR Trading Pairs
TL;DR
New Listings on Crypto.com: Crypto.com introduced XRP/EUR and SOL/EUR trading pairs, enhancing the visibility of Ripple (XRP) and Solana (SOL), both currently stable in price.
Ongoing Support for XRP: Following Ripple’s legal successes against the SEC, Crypto.com re-listed XRP earlier this year.
Bullish Price Predictions: Analysts predict substantial price increases for XRP and SOL, with XRP potentially hitting $50 by November 2024 and SOL possibly reaching $1,000.
XRP and SOL in the Spotlight
Two of the top-trending crypto assets as of late – Ripple (XRP) and Solana (SOL) – have once again made the headlines. They received additional support from the leading cryptocurrency exchange – Crypto.com – which announced that the trading pairs XRP/EUR and SOL/EUR are now available on its platform.
New $EUR trading pairs have been added to the https://t.co/A7lhUEyoao Exchange:$XRP/EUR$SOL/EUR
Start trading these pairs now https://t.co/GBTPzwV3F0 pic.twitter.com/3WMjh84HcG
— Crypto.com Institutional (@Cryptocom_Insto) November 30, 2023
The company’s newest listing comes at the time when XRP and SOL have consolidated at approximately $0.60 and $60 (respectively). Despite the disclosure, the coins’ valuation did not experience severe swings, remaining relatively flat.
This is not the first time Crypto.com has shown support for Ripple’s native token in 2023. Earlier this year, the marketplace re-listed the asset on its platform after the blockchain enterprise secured its first partial court victory against the US Securities and Exchange Commission (SEC).
XRP and SOL Ready for a Surge?
Both assets have performed quite well this year, giving analysts the opportunity to lay out optimistic bets on their future tags.
The X (Twitter) user EGRAG CRYPTO recently assumed that XRP could skyrocket to $50 by November 2024 based on the assumption that it could close 12 subsequent green monthly candles.
For his part, the crypto trader Jacob Canfield envisioned that SOL could explode to $1,000 and advised investors to focus on both Solana and Ethereum.
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Filed under: Bitcoin - @ December 1, 2023 11:20 am