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Crypto Price Prediction Today 23 May – XRP, Pi Coin, Solana

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May 23, 2025
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Crypto Price Prediction Today 23 May – XRP, Pi Coin, Solana
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The world’s leading crypto Bitcoin ($BTC) set an all-time price high (ATH) of $111,814 just yesterday as signs appear that a bull market is now in gear.

Momentum is building behind many top digital assets. Historically, the most promising projects are the ones that rebound quickly from downturns—setting the stage for exponential growth during bull cycles.

Here’s a breakdown of three established altcoins and a rising newcomer that could well become one of the best meme coins, each with strong fundamentals and the potential to deliver 10X returns as the next rally unfolds.

XRP: Gaining Ground as a Global Payments Solution

Ripple’s XRP, the flagship token behind the company’s blockchain-based payment system, remains at the forefront of the digital finance revolution. It recently secured a vote of confidence from the United Nations, which acknowledged its potential role in facilitating a global digital cash network with regulatory oversight.

Adding to its momentum, former U.S. President Donald Trump hinted that XRP could be incorporated into a proposed Strategic Crypto Reserve as a “hold-only” asset (ie, the US government can hold confiscated $XRP but cannot buy it)—a development that’s placing the coin squarely on the geopolitical radar.

These updates give XRP three major value propositions: ultra-fast cross-border payments, increasing support from U.S. political figures, and international institutional recognition.

Despite following Bitcoin’s recent price corrections, XRP has shown resilience, holding firm around the $2 support level and eyeing a possible breakout past the $3 resistance by mid-year.

With favorable market trends and growing legitimacy, XRP may be on the verge of a major upswing.

Pi Network ($PI): A Novel Take on Crypto Mining with Explosive Price Potential

Pi Network is turning heads as a user-friendly blockchain project that introduces a simple tap-to-earn model. Launched in February 2025, the $PI token has surged 40% in the first two weeks of May, in a clear sign that whales are piling in.

Although currently undergoing a minor correction—its RSI sails at a neutral 53—suggesting the market is pricing this one fairly. Many believe it could surpass the $3 milestone as adoption spreads.

Unlike traditional mining, Pi requires no advanced hardware. Users simply open the app and tap a button once per day to mine tokens, making it highly accessible and appealing to casual users.

This innovative model, combined with Pi Network’s Layer 1 architecture, could make it a standout performer in the months ahead.

Solana ($SOL): Speed, Scalability, and Strategic Potential Keeps the Price of this Stalwart Crypto High

Solana continues to build momentum as a leading smart contract platform, currently boasting a $93.8 billion market cap. With ultra-fast processing speeds and low transaction fees, it has become Ethereum’s most serious competitor in the DeFi space.

Anticipation is growing around the potential approval of spot Solana ETFs in the U.S., which could significantly boost institutional interest—just as Bitcoin and Ethereum ETFs have done for their respective markets. SOL is also being considered for the U.S. Strategic Crypto Reserve as a long-term holding asset.

SOL is right now breaking out of a bullish descending channel that dropped prices from over $250 in January down to bottoms of around $100 in February.

It gained over 2% in the last 24 hours alone, outperforming Ethereum’s 3.2% dip. The industry appears to be entering a bull market again.

Solaxy ($SOLX): Solana’s First Layer 2 Brings Ethereum Interoperability.

Solaxy ($SOLX) is emerging as a critical infrastructure project within the Solana ecosystem. As the network’s first Layer 2 protocol, it’s engineered to increase scalability by processing transactions off-chain while finalizing them on the Solana base layer.

One of Solaxy’s key advantages is its Ethereum compatibility. This makes it easier for DeFi projects to bridge between blockchains, opening new avenues for liquidity and cross-chain integrations.

Currently priced at $0.001724 in presale, Solaxy has already raised around $39.7 million. Its 101% APY staking option has drawn significant investor interest.

The presale ends in just over 23 days, when Solaxy will then hit the exchanges. After that, say good bye to the concept of a fixed rock-bottom price, as this is one crypto that could go to the moon.

Analysts believe Solaxy ($SOLX) could gain further traction if Solana ETFs are approved, as institutional exposure may also highlight Layer 2 innovations within the network.

Find updates, follow Solaxy’s X and Telegram channels.

The post Crypto Price Prediction Today 23 May – XRP, Pi Coin, Solana appeared first on Cryptonews.

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