Ripple's Chief Legal Officer Stuart Alderoty has been invited to a high-level White House meeting focused on stablecoin yields, placing the company alongside executives from Coinbase and venture firm a16z. The meeting, the third of its kind convened by the administration, centers on the contentious debate over whether stablecoin issuers should be allowed to pass interest earned on reserves directly to users. This issue has been a major sticking point, stalling key crypto legislation in the U.S. Senate.
Traditional banks are fiercely opposing yield-bearing stablecoins, arguing they could drain deposits from the banking system and weaken lending power. Crypto industry representatives counter that allowing yields is a consumer benefit and crucial for keeping financial innovation within the United States. Ripple's inclusion at the table is seen as a significant signal that policymakers are actively engaging major crypto players as regulatory frameworks take shape.
Concurrently, technical and fundamental analyses suggest potential rallies for XRP, Solana (SOL), and Dogecoin (DOGE) by the end of the second quarter. For XRP, catalysts include its dominance in the crypto remittance space, recent U.S. regulatory approval for spot XRP ETFs, and endorsements from entities like the United Nations Capital Development Fund. A bullish flag pattern on its chart suggests a potential drive toward $5.
Solana, with a market cap of $46 billion and $6.4 billion in Total Value Locked (TVL), is trading at $81, below its 30-day moving average. Despite a bearish head-and-shoulders pattern, its Relative Strength Index (RSI) near 33 indicates it may be at a discount. Major asset managers like BlackRock and Franklin Templeton are choosing Solana for tokenized investment products, providing a first-mover advantage. A sustained breakout above key resistance levels could see it challenge its previous all-time high of $293.31.
Dogecoin, the original meme coin with a $16.4 billion market cap, continues to trade around $0.10. Its "to $1" narrative persists, and improved overall market conditions could propel it toward $0.50 by mid-year. The coin's size grants it relative stability compared to smaller meme tokens, often keeping it pegged to movements in major cryptocurrencies like Bitcoin and Ethereum.
