XRP has surpassed Solana in perpetual futures trading volume on Kraken, recording $3.48 billion versus Solana's $3.23 billion according to CoinDesk data. This shift accompanies a 40% XRP price surge to $3.66, driven by favorable U.S. crypto policy under President Trump and resolution of Ripple's SEC lawsuit.
Despite XRP's market cap dominance ($184B vs. Solana's $97B), Solana maintains higher open interest with $10.69B in futures contracts compared to XRP's $8.53B. On Kraken specifically, SOL leads with $55M in open interest versus XRP's $34M, signaling stronger speculative positioning.
Concurrently, MAGACOIN FINANCE is gaining unprecedented whale attention during its presale phase, with analysts noting parallels to early SHIB and DOGE trajectories. The project's political relevance and community coordination have accelerated presale closures, positioning it as a potential breakout candidate.
Market analysts project XRP could target $4.20 upon clearing the $3.50 resistance, bolstered by ETF anticipation, while Solana's $186 price point shows institutional inflow strength despite retreating from July's $204 high. Both assets face pivotal technical breakouts amid growing focus on emerging opportunities like MAGACOIN.