XRP, XLM, and SOL Skyrocket as Trade Deal Hype Ignites Crypto Markets

Cross-border payment tokens and smart contract platforms surge on regulatory optimism—because nothing pumps valuations like politicians pretending to understand blockchain.

XRP leads the charge with 18% gains after Ripple’s latest settlement whispers, while Stellar’s XLM rides its coattails with a 12% bump. Not to be outdone, Solana’s SOL rockets 22% as traders pile into altcoins—proving once again that crypto markets move faster than a hedge fund’s moral compass.

The rally comes as US and EU trade negotiators ’accidentally’ left a crypto section in their draft agreement. Cynics note the timing aligns perfectly with mid-quarter institutional rebalancing—but when has self-serving Wall Street behavior ever stopped a good bull run?

Effect on XRP Coin Price

Stocks are rising, Gold is falling, and more impacts are anticipated due to the trade deal. Bitcoin$101,848, known for anticipating good news, indicates that more significant developments could be unfolding. Clarity on deal details during the past 24 hours has caused pre-emptive pricing to stabilize.

BTC’s failure to surpass resistance left the leading cryptocurrency pulling back, which wasn’t unexpected. SPX’s upward trajectory continues and the upcoming ETF data will be closely monitored. The S&P 500 has surged 20% from its April lows, indicating a bullish trend favorable to cryptocurrencies over medium to long term.

XRP Coin isn’t faring poorly. With a 6% increase, it has surpassed $2.5 but hasn’t closed above the $2.60 resistance, leaning on the $2.5 support with the possibility of hitting $2.38 depending on BTC’s performance. If BTC initiates fake pullbacks, current levels may present buying opportunities before further rises.

The May 13 U.S. inflation data and a likely Trump-Xi meeting could significantly impact charts. The $2.67 resistance remains, with a target set at $2.95.

XLM and Solana (SOL) Outlook

After U.S. elections, many altcoins had high expectations but underperformed, while XLM Coin surged sixfold. This evoked excitement and similar moves reminiscent of 2021. Unlike many others, it did not test the 2024 support levels during declines.

Currently holding $0.3 as support, XLM has shown resilience by staying strong even amid declines. If BTC surprises negatively, we might see new trials in the $0.353 to $0.44 range.

SOL Coin, a frequently discussed cryptocurrency, had its targeted $182 region tested. It was suggested that a close above $143 WOULD make this possible. If it exceeds $188, a rise to the $202-205 range is possible, but a fallback to $158 and $143 is also feasible.