Crypto Price Prediction Today 23 February – Xrp, Solana, Shiba Inu

What Happened

A recent official announcement highlights XRPL as a base layer for stablecoin issuance and real-world asset tokenization, while emphasizing XRP’s role as the network’s primary utility and liquidity asset.

Institutional interest accelerated after U.S. regulators approved spot XRP exchange-traded funds (ETFs), enabling compliant access for more traditional investors.

Adding to the bullish narrative, major asset managers such as BlackRock and Franklin Templeton are selecting Solana as the foundation for tokenized investment products, giving the network an early lead in a rapidly emerging sector.

Launched in August 2020, Shiba Inu ($SHIB) has grown into the second-largest meme-based cryptocurrency, boasting a market cap of approximately $3.6 billion.

Ongoing upgrades and added privacy features further support SHIB’s transition into a utility blockchain.

Bitcoin Hyper Introduces Solana-Level Speed to the Bitcoin Network

Market Context

Bitcoin’s failure to achieve a price breakthrough has kept the crypto market in a state of suspense.

With a market capitalization of $85 billion, XRP ($XRP) is the leading digital asset for international blockchain payments.

Beyond the crypto sector, XRP has gained recognition from the United Nations Capital Development Fund and the White House: both have highlighted its potential to improve international payment infrastructure.

When paired with a bullish flag formation developing on price charts, these drivers suggest XRP could move toward $5 before Q3.

Solana ($SOL) remains the largest smart contract platform outside of Ethereum. The network currently holds around $6.3 billion in total value locked (TVL), while SOL’s market capitalization sits near $46 billion.

Trading at approximately $80, SOL remains well below its 30-day moving average after forming a bearish head-and-shoulders pattern earlier this year.

Currently trading near $0.0000061, SHIB’s RSI sits at 41 and is likely to rise in step with its 30-day moving average, suggesting traders may be viewing now as an attractive price to accumulate.

Beyond price action, Shiba Inu continues to build real infrastructure. Shibarium, its Ethereum-based Layer-2 network, dramatically lowers transaction costs while boosting scalability.

While XRP, Solana, and Shiba Inu may still have significant headroom, history shows the largest bull market returns often come from early-stage projects that redefine what’s possible.

Why It Matters

Below is an overview of the dominant media narratives and chart signals that hint the smart money could be rotating into XRP, Solana, and Shiba Inu, ahead of the next bull run.

Solana (SOL): Could Ethereum’s Main Rival Be Setting Up a Recovery?

Meanwhile, the relative strength index (RSI) is hovering around 34, signaling extended selling pressure that may have pushed SOL into undervalued territory.

A decisive breakout above key resistance levels at $200 and $275 could pave the way for a retest of Solana’s previous ATH of $293.31, with the potential for a new ATH before Q2 closes.

A clean break above resistance at $0.00001 and $0.00003 could provide the momentum needed to breach $0.00005 as summer unfolds.

Details

Discover: The best meme coins in the world right now.

XRP (XRP): Ripple’s Elite Blockchain Solution Targets $5

Ripple engineered the XRP Ledger (XRPL) to deliver near-instant settlement and minimal fees as a blockchain-powered alternative to legacy systems like SWIFT. The network is designed to support banks, corporations, and individual users at scale.

Shiba Inu (SHIB): Evolving From Meme Coin to Functional Ecosystem