The crypto market rally has gained steam today, with Bitcoin, Ethereum, Solana and XRP all making notable moves within the past 24 hours.
Once again, the Ethereum price has stolen the show, after the altcoin came within $100 of its $4,878 all-time high.
Yet most major tokens are all performing strongly right now, as cryptocurrency market news continues to feed bullishness.
Price Snapshot: XRP, Bitcoin, Ethereum, Solana
- Ethereum: $4,733, up by 2.5% in 24 hours.
The Ethereum price has also risen by 27% in the past week, making it the best-performing of the four major tokens within this timeframe.
- Solana: $203, up by 2.2% in 24 hours.
The Solana price has now increased by 20% in the past seven days, having recovered strongly from last week’s losses.
- XRP: $3.23, down by 1.4% in 24 hours.
While it has declined today, the XRP forecast remains positive, having gained by 7.5% in a week and by a very impressive 460% in the last 12 months.
- Bitcoin: $121,678, up by 1.5% in 24 hours.
The Bitcoin price has consolidated around the $121,678 level, giving it a 6% increase in a week and a 5% gain in a month.
Drivers of the Rally
Crypto momentum has grown this week in response to several positive new stories, mostly emanating from the United States.
President Donald Trump signed another crypto-related executive order on Sunday, this time enabling 401(k) pension providers to invest in cryptocurrencies.
Peter Thiel-backed crypto-exchange Bullish raised $1.1 billion in its initial public offering on the New York Stock Exchange, with its stock ending the day 83% above its opening price.
The SEC and Ripple finally ended their long-running legal battle, after both parties dropped appeals against a $125 million fine that Ripple will now pay.
More broadly, the Nasdaq and S&P 500 both closed at record highs on two consecutive days this week, as investors became increasingly optimistic that the Federal Reserve will soon cut interest rates.
Market Context & Outlook
Today’s gains fall within the wider context of the 2025 crypto market rally, which has been growing in momentum after a lull between February and June.
Liberalisation of the regulatory approach to crypto in the U.S. is one of the main drivers of this rally, while increasing institutional demand for Bitcoin and Ethereum ETFs has also been key more recently.
Recent gains have pushed major cryptocurrencies such as Bitcoin, Ethereum, XRP and Solana close to key resistance levels, which traders are watching for signs of new breakouts.
For example, if the Ethereum price can pass its all-time high of $4,878, then this could drive increased bullishness and further rallies.
InvestingHaven tracks the leading indicators for all major coins in its price prediction pages, which you can find below:
Bitcoin (BTC) Price Prediction 2025 2026 2027 – 2030
Ethereum (ETH) Price Prediction 2025 2026 2027 – 2030
Solana (SOL) Price Prediction 2025 2026 2027 – 2030
XRP Price Prediction 2025 2026 2027 – 2030
Key Points
- Ethereum, Bitcoin, XRP and Solana have all gained strongly this week, building on their recoveries from last week.
- Macro and regulatory factors continue to support the crypto market rally, including the expectation of interest rate cuts.
- Major tokens are testing long-term resistance levels, and could mount further gains if they break them.
“Stay ahead of major crypto price moves – follow InvestingHaven’s crypto alerts for timely market insights.”
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