{"id":106048,"date":"2025-08-30T05:50:07","date_gmt":"2025-08-30T05:50:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/106048\/"},"modified":"2025-08-30T05:50:07","modified_gmt":"2025-08-30T05:50:07","slug":"sol-crypto-treasury-gains-momentum-but-is-it-enough-to-outpace-xrp-in-q4","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/106048\/","title":{"rendered":"SOL crypto treasury gains momentum, but is it enough to outpace XRP in Q4?"},"content":{"rendered":"

\t\t\t\t\t\t\t\tKey Takeaways\u00a0<\/p>\n

Crypto treasuries have scooped up over 4 million SOL, while XRP interest has remained relatively low. Is this enough for SOL to outperform XRP in the next few months?<\/p>\n

Since last November, XRP<\/a> has outperformed Solana by over 400%, making it a top-three crypto asset by market cap. On the contrary though, SOL has attracted more interest from public firms running corporate treasuries than XRP.<\/p>\n

With both assets expecting a Spot ETF approval soon, will the crypto treasury demand give SOL an edge over the next few months?\u00a0<\/p>\n

SOL outpaces XRP<\/p>\n

Since May, SOL has seen record-high interest<\/a> from crypto treasury companies. In July alone, trading volumes from SOL-focused firms hit $4 billion while XRP attracted \u201cjust\u201d $460 million.\u00a0<\/p>\n

\"SOL<\/a><\/p>\n

Source: Blockworks<\/p>\n

Overall, corporate treasuries have accumulated 4.3 million SOL, worth about $905 million as per the press time market price.\u00a0<\/p>\n

Some of the top SOL treasury firms include SOL Strategies, DeFi Development Corp (DFDV), Upexi (UPXI), Sharps Technologies (STSS) and others.\u00a0In fact, Sharps Technologies recently secured<\/a> $400M capital and plans to expand to $1 billion for SOL acquisition.\u00a0<\/p>\n

\"SOL<\/a><\/p>\n

Source: Blockworks<\/p>\n

The trend could bolster SOL\u2019s value, similar to the lift-off Ethereum [ETH]<\/a> recorded after BitMine and other public firms began aggressively bidding for it.\u00a0<\/p>\n

On the other hand, XRP has so far seen only marginal demand from public firms for treasury reserves. As it stands, only SBI Holdings Japan and Worksport Ltd have shown any interest in XRP treasury.\u00a0<\/p>\n

Simply put, if this disparity remains consistent in the coming weeks post-ETF approvals, SOL could be in a better position to surpass XRP on the price charts.\u00a0<\/p>\n

Here, it\u2019s also worth noting that the XRP\/SOL ratio, which tracks the price difference between the two altcoins, suggested that SOL could outperform XRP if the indicator drops lower.\u00a0<\/p>\n

\"SOL<\/a><\/p>\n

Source: XRP\/SOL ratio, TradingView<\/p>\n

On the price charts, SOL has surpassed XRP by 27% over the past few weeks. Additionally, the altcoin has outperformed ETH and BTC too amid analysts\u2019 projections of a major rally in Q4.\u00a0<\/p>\n

For its part, XRP has seen massive profit-taking<\/a> by whales, dragging it lower down. Must be noted though that XRP recently recorded<\/a> the\u00a0highest CME Futures interest \u2013 A sign of institutional appetite. Hence, it may be too early to discard it.\u00a0
Overall, XRP and SOL will enjoy new demand avenues from Spot ETFs if the SEC greenlights them. However, SOL may have an edge due to increasing crypto treasury demand. Especially if it follows ETH\u2019s playbook.\u00a0<\/p>\n

\t\t\t\t\t\t\t\t\t\t\tNext: Solana\u2019s 100x speed upgrade nears vote; Will \u2018Alpenglow\u2019 trigger a SOL price breakout?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Key Takeaways\u00a0 Crypto treasuries have scooped up over 4 million SOL, while XRP interest has remained relatively low.…\n","protected":false},"author":2,"featured_media":106049,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[1095,64,63,99],"class_list":{"0":"post-106048","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-au","10":"tag-australia","11":"tag-business"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/106048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=106048"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/106048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/106049"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=106048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=106048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=106048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}