The SOL price faces a notable decline despite the Solana ETF approvals pending in August. Whales are selling huge amounts of SOL tokens from wallets to buy other high-potential cryptos such as Ripple and Unilabs Finance. The XRP price is ready to break last year’s records as Bill Morgan has voiced optimism about the dismissal of the legal battle with the SEC this month.
Unilabs Finance (UNIL) also grabs the spotlight for its revolutionary approach towards the hedge fund management sector, raising a record-setting $12.2 million in presale and $31 million in AUM before its launch. As the XRP price targets 2x-4x profits for investors this year, UNIL also aims to hit $2 by the end of the year, with increasing demand for its technology.
Solana ETF Hype Fails to Defend Bullish Setup: 162K SOL Dumped
The SOL was in a relatively strong position due to the ongoing hype surrounding the Solana ETF approval in August, surging past $182 this week. However, the bullish momentum was not enough to break the $190 resistance level as the Solana price has retreated to $174 with a 3.9% decline in the last 24 hours.
While the SEC is set to decide on the Solana ETF this month, the bearish momentum might be due to the unpredictability of the decision and broader market fluctuations. The net outflows have been 162K SOL from the wallets of whales, which is a strong bearish signal for the crypto. A decisive news about the Solana ETF is required for a leg up to $190, or more downside is possible.
Historic Rally For XRP Price: Bill Morgan Reveals Key Details
The XRP price leads the gainer list after bulls pushed it above the $3.10 range this week. Experts predict that the XRP price may hit the $3.5 level by the end of August as the network continues to expand globally with industry collaborations and developments in the XRP ledger and stablecoin.
Furthermore, the upcoming decision on the ongoing legal battle with the SEC in August also sparks hope among community members after lawyer Bill Morgan hinted at a case dismissal. If this happens, XRP price is likely to skyrocket past $3.5 with a bullish upthrust, breaking records of last year’s rally.
Unilabs Ready to Rally 220x After Launch: $12.7M Raised In Stage 6
Unilabs Finance (UNIL) is set to lead the next bull run as experts hail it as the future of the hedge fund sector, enabling smart AI-backed trading and tools to automate tasks like portfolio management, early opportunity hunting, and access to multiple financial markets. Its Flash Loan Accelerator and cross-chain trading hub are powerful tools when it comes to high-volume traders.
The multi-strategy AI platform also offers tools such as AI Market Pulse, Early Access Scoring System (EASS), and Memecoin Detection Tool, making investors’ lives easier through unbiased decision-making and precision. The platform already manages $32 million worth of assets, which confirms its credibility and reputation among investors and traders, helping it raise a massive $12.7 million in the presale stage 6.
Conclusion
While the SOL price may move sideways for a few weeks till a decision about the Solana ETF, the focus is on Ripple and Unilabs. The conclusion of the XRP vs. SEC legal battle may be a historic trigger for the XRP price, with the potential to mint new millionaires in a bullish upside.
Meanwhile, Unilabs’ potential to hit $2 by the end of 2026 marks a clear 220x growth potential from the current presale price of $0.009. Buying UNIL tokens today is possibly the best decision to make than betting on Solana ETF, as the project is now also on CMC, and more demand is expected to sell the presale stages faster.
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