Crypto Price Prediction Today 5 August – XRP, Solana, Cardano

Last month, crypto progenitor Bitcoin set a fresh all-time high (ATH) price of $122,838, reigniting optimism across the crypto space. Although it has since slipped by nearly 6.4%, investor sentiment remains largely upbeat. Investors are bracing for another upward move.

This upward trend has also breathed life into a number of leading altcoins and the very best meme coins. Over the past year, assets such as XRP, TRON, Solana, Sui Network, Pepe, Trump, SPX6900, and FartCoin have hit new record highs, showing a wave of strong confidence among crypto investors.

Adding to the momentum, the U.S. government appears closer than ever to fulfilling its promise to regulate the crypto industry. Just last week, the SEC introduced “Project Crypto,” a new initiative designed to modernize securities legislation and offer long-awaited regulatory clarity to the digital asset sector.

With a bullish market environment unfolding, traders are now watching closely for digital currencies that could be on the verge of reaching or exceeding their previous peaks.

Ripple (XRP): Cross-Border Crypto Payments Leader Sees Strong Price Moves in 2025

On July 18, Ripple’s XRP hit a fresh all-time high of $3.65, overtaking its previous 2018 peak of $3.40. Despite pulling back to around $3.08, a drop of roughly 15.7%, XRP has gained 3% in the last 24 hours, showing signs of renewed strength.

Renowned for lightning-fast transaction speeds, near-zero fees, and global remittance functionality without intermediaries, XRP has earned favor among institutional users. Its credibility has even attracted support from organizations like the United Nations.

A defining moment came in 2023, when a U.S. court clarified that XRP’s retail sales do not constitute securities, helping to eliminate regulatory ambiguity and restore investor trust.

XRP has gained over 561% in the past year, outshining Bitcoin’s 6.5% return during the same period.

Technical indicators suggest that momentum is strengthening. The relative strength index (RSI) currently sits at 54 and is uptrending, suggesting buying could continue. Over the past month, XRP has climbed 36%, easily outpacing BTC’s modest 6.5% rise.

During July, XRP’s price diverged from its 30-day moving average due to heavy bullish pressure. With the two lines now converging, downside risk appears minimal, with strong support just below the prior resistance level of $3.

A bullish flag pattern, formed between late 2024 and early 2025, may point toward a possible price surge to the $4 range in the near future.

Solana ($SOL): Ethereum Competitor Eyes Massive Recovery

Solana ($SOL) remains a dominant force in high-speed, low-cost blockchain transactions. With a market capitalization north of $92 billion and total value locked (TVL) on chain exceeding $9.78 billion, according to DeFiLlama, Solana has solidified its place in the decentralized finance (DeFi) ecosystem.

Speculation is rising that Solana could be the next digital asset to receive a green light for a spot ETF, following the success of similar products for Bitcoin and Ethereum. Such a move would open the doors to a wave of institutional capital from more traditional investors who may be wary of crypto investing without regulatory guardrails.

Adding a twist, Donald Trump has floated the possibility of including Solana in a proposed U.S. Crypto Reserve designed to hold confiscated digital assets.

After falling back to $100 in April, SOL has rebounded to $171. It has also risen 5.1% overnight, outpacing Bitcoin and XRP as green candles light up the whole market. SOL rose 16.1% over the past thirty days

Even more explosive gains could come. The SEC’s commitment to actively regulating digital assets could prove to be a tailwind in the months ahead.

Solana’s RSI has cooled from an overbought 82 last week to a more neutral 49, and it’s climbing back up, indicating renewed optimism across the sector

Support is solid around the $150 mark, while major resistance levels remain at $200 and $250. Reclaiming its all-time high of $293.31, or even touching $300, is not out of reach before the close of 2025.

Cardano (ADA): Eco-Friendly Crypto Project Eyes Major Price Gains in 2025

Cardano ($ADA) has re-entered bullish territory, climbing 31% in the last 30 days. Its upward momentum is fueled by encouraging technical signs and renewed interest from institutional investors. Alongside XRP and Solana, Cardano has also been floated by President Trump as a potential candidate for a U.S. crypto reserve.

Founded by Ethereum co-creator Charles Hoskinson in 2014, Cardano stands out for its energy-efficient Proof-of-Stake (PoS) consensus and dedication to peer-reviewed research and development, a philosophy that helped inspire Ethereum’s own transition from Proof-of-Work and the blockchain’s subsequent development.

With a market cap surpassing $27.3 billion, ADA would need to triple in value to match Solana’s valuation and potentially secure the number-two spot behind Ethereum.

ADA is currently priced around $0.7554, having risen 2.2% in the last day, in line with general gains across the market. It looks like Cardano could hit a price target of $1.50 by fall, with some forecasts hinting at a potential return to the $3.09 high from 2021 by the end of the year, a gain of 310% from current levels.

The chart reveals a bullish flag formation that could indicate further upside. The RSI has dropped from 85 to 51, but is now rising again as investors are buying back into major altcoins. Altogether we can see similar to trends in XRP and Solana, hinting at an explosive next leg up for the market.

There will likely be resistance at $1.15, while ADA has strong support in the $0.85–$0.90 range.

Snorter ($SNORT): Meme Coin With Trading Bot Utility Shines in Presale

For those chasing high upside, early stage tokens continue to offer potentially explosive gains.

Snorter ($SNORT) is an emerging meme coin project with real-world utility, combining viral branding with advanced trading tools. Built on the Solana blockchain and engineered for cross-chain use, Snorter integrates directly with Telegram to deliver live market data within group chats.

With a minimal trading fee of just 0.85%, Snorter competes directly with popular platforms like BonkBot, Maestro, and Trojan. Its key features include front-running-resistant swaps, copy trading, automated order placements, and smart tools for identifying potential scams, making it a comprehensive suite for active traders.

Investor demand is heating up fast, with over $2.7 million already raised in the presale phase. Early adopters can earn staking rewards as high as 156% APY, although this figure diminishes as the staking pool grows. The token is currently priced $0.1003, but future rounds will see modest price increases, rewarding those who get in early.

Whether you’re a seasoned meme coin enthusiast or a newcomer looking for functionality and fun, Snorter seeks to bridge both worlds by offering accessible tools for fast-paced crypto trading.

Keep up with Snorter on X or Instagram.

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