Ripple, Stellar, Solana Gather Institutional Attention: Incoming Price Rally?

Adekunle Joshua

XRP's price surged in less than a few hours following a partial court victory against the US Securities and Exchange Commission.

XRP's success on both social and price-based metrics was so significant, that it even surpassed BNB to become the fourth-largest cryptocurrency by market capitalization, according to CoinMarketCap

The altcoin market has been closely following XRP's lead, with Solana and XLM also seeing significant gains.

July has been spectacular for Stellar, Ripple and Solana-Based Investment Funds.

The average daily volumes of these investment products increased by 1.81% to $309 million (as of July 18th), right after Ripple’s partial victory against the SEC.

The court's declaration that XRP was not a security gave Solana and Stellar the boosts they needed.

Solana, XRP and XLM have all performed wonderfully, in terms of price.

XRP appears to be cooling off from its gains after Ripple's victory against the SEC in court.