XRP now finds itself trading around the $1.90 region due to an extensive pullback in the past 30 days. The question is now whether this pullback is a structural weakness or a necessary reset within a larger bullish structure. 

A technical analysis shared by crypto analyst Tara focuses on this exact moment, highlighting why the current level could be far more important than it looks on the surface.

XRP Tests A Macro Fib Support Zone Around $1.88

XRP’s price action in the past 24 hours saw it declining to an intraday low of $1.88, according to data from CoinGecko. However, technical analysis shows that this move has pushed the price action to a major macro support level around $1.88, which is defined by an important macro 0.5 Fib retracement on higher-timeframe charts. This zone has previously acted as a pivot, just like the bounce on November 21, which pushed the XRP price back to $2.26 within 48 hours. 

The chart included in the analysis, which is shown below, illustrates multiple Fibonacci confluences clustered between roughly $1.88 and $1.86, and this further adds to the idea that this region is structurally significant rather than arbitrary. From a price-action perspective, XRP’s current pullback has been orderly, with no sharp breakdowns below this support as of now, and sellers may be losing momentum as price compresses into this level.

What A Bounce Or Breakdown Could Mean From Here

Tara noted that moments like this tend to feel the scariest for traders, precisely because the price is sitting on support rather than moving away from it. These are the points where sentiment is weakest, and fear is most visible, even though risk-reward technically improves. 

Therefore, retesting support is not inherently bearish. Instead, repeated support tests can absorb selling pressure and create the conditions for a stronger bounce.

The most important takeaway from the analysis is not that XRP must rally immediately, but that the reaction at this level matters more than the level itself. If XRP holds above the $1.88 price level and avoids printing a decisive new low, the structure would favor a bullish continuation. 

In this case, the upside targets will be between $2.18 and $2.20. From here, any bullish follow-through could carry XRP to $2.31. These are all midterm price targets that can be achieved before the end of the year.

Momentum indicators, including the RSI, are already in oversold territory on the 4-hour candlestick chart. This indicator adds to the possibility of a clean bounce for XRP from the strong support around $1.88. At the time of writing, XRP is trading at $1.90 and is already showing signs of holding above $1.88.

On the other hand, a breakdown below $1.90 to $1.80 would invalidate the current bullish setup and redirect attention to lower retracement areas.

Solana’s price may be slowly regaining upward momentum once again following weeks of bearish action due to the volatile condition of the broader cryptocurrency market. While the price may have displayed weakness during the period, the SOL network appears to be holding strong even with waning on-chain activity.

Interest In Solana Bolstering The Network’s Dominance

In the blockchain sector, many analysts consider the Solana network as the apex of all blockchains due to its robust and fast performance. According to recent data, the blockchain continues to stand out from the rest of the cryptocurrency market, even as the hysteria over meme coins slowly fades away.

CryptoRank, a leading crypto industry researcher and data analytics platform, shared the data in a recent post on the social media platform X. Short-term traders may be moving away from viral tokens, and speculative activity may have decreased, but Solana’s core indicators reveal a very different picture.

Interestingly, on-chain gambling and meme mania are frequently linked to SOL, but the network continues to outpace other chains in a fading meme market. This discrepancy indicates that Solana is well-positioned as market conditions change since its strength is increasingly based on fundamentals rather than speculation.

As seen in the data shared by the platform, Solana remains at the number 1 spot across most major blockchain metrics. This position highlights SOL’s resilience even as the meme narrative cools off and traders reduce their risk in the face of bad market circumstances. 

Given the fading meme narrative, the total daily Decentralized Exchange (DEX) traders have now dropped from their peak of almost 5 million to approximately 514,000. Despite this drop, the blockchain is still maintaining strong results, which shows that it does not rely only on memes.

Currently, CryptoRank states that institutions are demonstrating more attention and interest in SOL for tokenization. These large firms are including the blockchain in their platforms, which proves its increasing dominance.

SOL Leads In 2025 With The Most Traffic Market Share

After robust network usage, developer traction, and capital flows, Solana has secured the top spot in the Mindshare War in 2025. A report from CryptoRus reveals that SOL is the most talked-about blockchain in the world. 

According to CoinGecko’s data, it marks the second year in a row that the blockchain has come on top. The study examined interest in blockchain ecosystems using data from CoinGecko’s global web traffic between January 1 and December 14, 2025. Solana now controls about 26.79% of global crypto mindshare, which is more than that of Ethereum and Base networks put together.

CryptoRus highlighted that this is not price, nor narratives pushed by Venture Capitalists (VCs). Rather, this is where attention builders, users, and culture actually reside. “Mindshare comes before liquidity, attention comes before capital, and history shows whoever wins mindshare, eventually wins the cycle,” CryptoRus added.

Solana captured 26.79% of global interest in blockchain-specific narratives throughout 2025, securing its position as the most popular crypto ecosystem for the second consecutive year despite facing mounting competition and declining market share.

Base and Ethereum rounded out the top three positions while newer entrants like Sui and BNB Chain surged into prominence, according to CoinGecko’s latest blockchain ecosystem analysis.

The layer-1 network’s market share dropped 12.0 percentage points from 38.79% in 2024, due to struggles to expand beyond meme-coin speculation even as institutional adoption accelerated through U.S. ETF launches.

The decline pushed Solana out of the top five most popular crypto narratives ranking after being overtaken by AI agents and Made in USA themes.

Base and Ethereum Hold Ground

Coinbase’s Base ecosystem maintained second place with 13.94% of investor interest, down 2.9 percentage points from 16.81% in 2024.

The smaller decline came despite major developments, including the Coinbase Wallet rebrand into the Base app, Shopify’s USDC payment integration, and x402 facilitation rollout.

Ethereum secured third position with 13.43% mindshare, posting a 2.7 percentage point year-over-year increase that narrowed its gap with Base.

The growth occurred while investors remained critical about ETH price performance and the blockchain’s competitive positioning amid intensifying rivalry from faster networks.

However, Ethereum’s scaling layer faces severe consolidation pressure, as Base, Arbitrum, and Optimism now process nearly 90% of all L2 transactions, with Base alone accounting for over 60%.

According to 21Shares, most of the 50-plus competing L2s are unlikely to survive through 2026 as smaller rollups have seen activity plunge 61% since June, creating what analysts call ‘zombie chains’ with minimal usage and evaporating liquidity.

Sui and BNB Chain Double Their Market Presence

Sui and BNB Chain emerged as the year’s biggest gainers, after more than doubling their market share to claim fourth and fifth positions, respectively.

Sui recorded the largest growth, with a 6.9 percentage-point jump to 11.77%, positioning itself close behind Ethereum and establishing credibility as a serious competitor in chain-specific narratives.

BNB Chain captured 9.05% mindshare following a 4.9 percentage point increase, driven by Binance Alpha’s May launch that propelled the network to lead onchain trading volumes.

The ecosystem also benefited from founder CZ’s renewed involvement and resilient BNB price action throughout the year.

Solana’s momentum continued to build through major platform integrations, as Coinbase activated native DEX trading for Solana tokens in its mobile application in early December, allowing users to swap assets on-chain for the first time.

The exchange separately announced plans to acquire Vector, a Solana-native trading platform, in a deal expected to close by year-end.

New Entrants Reshape Competitive Landscape

XRP Ledger and Bittensor led new additions to the top rankings, with XRP securing sixth place at 4.68% mindshare and the AI-focused Bittensor capturing 1.91% for ninth position.

Berachain and Abstract also broke into the top 20 among new ecosystems tracked this year.

Hyperliquid delivered the most dramatic rise after increasing from 0.01% mindshare in 2024 to 1.57% this year, climbing 44 positions in the rankings.

The perpetuals-focused platform marked a key stablecoin milestone with its USDH launch while building robust DEX infrastructure and community engagement that demonstrated scalability beyond single-product offerings.

Meanwhile, the TON ecosystem saw its ranking slide following a 5.0 percentage-point year-over-year decline in mindshare, contrasting sharply with Sui’s ascent as a serious contender for a chain-specific narrative.

Notably, Jupiter reinforced Solana’s ecosystem depth by announcing seven coordinated upgrades at Breakpoint, headlined by JupUSD stablecoin developed with Ethena.

The Solana DEX, which processed $1.08 trillion in combined spot and perpetual volume year-to-date while maintaining $2.7 billion in total value locked, also exited beta for Jupiter Lend after reaching $1 billion in supply within eight days.

Bhutan further validated Solana’s institutional appeal by launching TER, a gold-backed digital token running on the network and distributed through DK Bank.

The sovereign-backed initiative positions Bhutan among nations experimenting with state-issued tokenized assets while leveraging Solana’s speed and efficiency.

The post Solana Dominates Crypto Attention for Second Straight Year: Analysis appeared first on Cryptonews.