In early October 2025, XRP, Solana, and Cardano are capturing significant attention from institutional desks, with their near-term trajectories heavily influenced by a combination of key technical levels and pending regulatory decisions on spot ETFs.
XRP: Balancing at a Technical and Regulatory Inflection Point
XRP is trading at a critical juncture, with its price demonstrating resilience above the $2.88-$2.94 support zone. The market is closely watching for a daily close above $2.99, which technical analysts suggest could trigger a move toward $4.40. The primary catalyst for such a breakout is seen as a potential approval of a spot XRP ETF, with the SEC facing deadlines on several applications between October 18 and October 25. Some market models indicate that an approval could even propel the price toward $5.00, highlighting the asset’s high sensitivity to regulatory news.
Solana: Riding Institutional Momentum Toward Higher Targets
Solana is positioned for potential growth, with its price recently testing the $225 level. The institutional outlook for SOL is optimistic, with Standard Chartered setting a $275 price target for 2025. This confidence is partly rooted in the growing institutional interest in a Solana ETF. Following a recent rule change by the SEC that streamlines the approval process, Bloomberg analysts now place the odds of a Solana ETF approval at 100%. The market is anticipating that such a product could launch within days, fast-tracking institutional adoption and providing a solid foundation for the asset to reach new all-time highs.
Cardano: A Path to $1 Hinged on Ecosystem Growth and ETF Prospects
While Cardano continues to trade below the $1 mark, its path to this psychological barrier is tied to fundamental progress and regulatory clarity. Analysts see a potential to reach $1.50-$2.00, contingent on the successful rollout of its on-chain governance upgrades and continued scaling of its ecosystem. Like its peers, Cardano’s prospects are closely linked to the ETF landscape. Grayscale has a Cardano ETF application in process, and under the SEC’s new generic listing standards, its approval is also considered highly likely, with analysts and prediction markets assigning a 95-100% probability. For ADA to achieve its price targets, it will need to demonstrate stronger ecosystem growth and secure more substantial institutional partnerships to bridge the gap with leading competitors.
The convergence of technical setups and regulatory catalysts makes October a pivotal month for these assets. The SEC’s upcoming rulings will be the ultimate test, determining whether the anticipated institutional capital flows materialize and validate the current technical forecasts for the remainder of 2025.
