Crypto Not Yet Overheated, How High Will Bitcoin, Solana, XRP Prices Soar?

Key Insights:

• Bitcoin’s peak is accompanied by low overheating signals, suggesting the rally may continue without a sharp correction.
• Solana’s new U.S. staking ETF, along with bullish chart patterns, supports further price gains.
• The launch of XRP and Solana futures ETFs is boosting institutional interest and market visibility.

Bitcoin, Solana, and XRP price have continued to gain ground this month, but analysts noted that despite the bullish rally, the market is not yet overheated.

On-chain data and recent ETF activity suggested more growth could be ahead as investor confidence remained steady.

Bitcoin Price Rally Not Showing Signs of Overheating

The largest digital asset, Bitcoin, reached a new all-time high in July 2025, yet analysts said the market remained stable.

According to on-chain data shared by CryptoQuant, indicators that typically signal overheating remain low.

This meant the rally could continue without the usual short-term correction.

CryptoQuant analyst Crypto Dan stated that, compared to previous peaks in March and December 2024, the current cycle is showing less market stress.

He added that there was no sign of overheating despite Bitcoin setting new records. The update drew attention from traders, who were closely watching for signs of a reversal.

This analysis aligns with trends from early 2024, where rapid corrections followed strong price moves.

However, this time, the data showed fewer short-term holders cashing out. Meanwhile, there is less unrealized profit-taking, which often causes sharp pullbacks.

It is essential to note that these signs indicate the rally might last longer. It also depends on market activity over the next few weeks.

As of the time of writing, Bitcoin’s price was trading at $118,787.28, representing an 8.37% increase over the past seven days. It pulled back from its recent high following the release of US CPI data.

If momentum continues, a potential cycle top around $150,000 cannot be ruled out.

Solana ETF Boost and Breakout Pattern Support Price Growth

The sixth-largest cryptocurrency, Solana, also moved higher this week. It climbed more than 7% after news broke of the launch of the first U.S. ETF tied to the asset.

The REX-Osprey SOL + Staking ETF (SSK) has gained momentum quickly and now holds nearly $100 million in assets.

The ETF allows investors to gain exposure to Solana and its staking yield without holding the token directly.

According to trading platform LuxAlgo, Solana has formed a symmetrical triangle pattern on the charts.

A breakout from the pattern confirmed the bullish trend. The coin traded above key resistance levels, with analysts watching the $185 mark as the next target.

Solana’s 9-day and 21-day exponential moving averages crossed upwards, a Golden Cross showing signs of strength.

Some analysts said that if the 200-day moving average crosses soon, it could push prices even higher.

While predictions varied, most technical signals continued to favor further growth for Solana.

ETF Developments Highlight Growing Interest in Altcoins

Institutional interest in altcoins has picked up momentum in recent months with ProShares launching two leveraged futures ETFs for Solana and XRP.

These ETFs, listed on the New York Stock Exchange, aim to deliver twice the daily performance of their underlying assets.

Though the funds do not hold the actual tokens, their arrival shows increasing demand from investors for regulated crypto products.

These launches followed earlier approvals of Bitcoin and Ethereum spot ETFs in 2024, which marked a shift in the regulatory environment.

Market analysts said the rollout of Solana and XRP futures ETFs could lay the groundwork for future spot ETF approvals.

For now, they help drive visibility and open up access for a wider group of investors. In the past 24 hours, Solana was up 2.9% and XRP rose 3.1%, based on data from CoinGecko.

Both assets have stayed among the top ten cryptocurrencies by market capitalization.

This is accompanied by steady interest from both retail and institutional buyers. These signs collectively indicate that Bitcoin, Solana, and XRP are trending higher.

In the long term, a $250 price target for Solana and $5 top for XRP remains the target issued by analysts.