The news of President Trump’s proposed crypto strategic reserve that includes Bitcoin (BTC) and leading altcoins, and Ripple’s legal victory against the SEC created a shockwave in the market this month. However, despite these positive catalysts, XRP and Ethereum (ETH) continue to face challenges.
As leading tokens struggle to make gains, the broader crypto market cap dipped from $2.82 trillion to $2.75 trillion over the past 24 hours. Now, investors are searching for the next low-cap gems that could explode on launch.
Crypto presales are known for their breakout potential and exclusive early access to tokens that are yet to realize their potential. The upcoming Layer 2 blockchain developed by Solaxy (SOLX) and MIND of Pepe’s (MIND) fusion of AI and memetic appeal currently dominate the space, so it’s no surprise they’re thriving despite the negative sentiment around established coins.
Experts Believe XRP and ETH Will Need Months of Consolidation Before Their Next Rally
XRP has seen an impressive price pump following President Trump’s announcement that included XRP as a potential US reserve asset, which brought it to $2.97 in early March.
Although XRP’s value dropped to $1.9 just a week later, the settlement of the SEC vs Ripple case saw it climb to $2.56, where it met resistance and declined again. Despite the bullish sentiment surrounding XRP, it is currently priced at $2.39, which represents an 8.59% drop in value over the past 30 days.
Ito Shimotsuma, a crypto expert, believes the ending of the XRP investigation conducted by the SEC isn’t enough to help XRP reach its previous ATH level of $3.84. Instead, the expert believes XRP needs a spot ETF approval to soar to new highs.
XRP/BTC got rejected from its resistance level again.
The SEC has now ended the $XRP investigation and could soon classify it as a commodity similar to ETH.
But I think this isn’t enough to break above this level.
The only thing I’m paying attention to is XRP spot ETF as the… pic.twitter.com/WDEIOxD2Tr
— Ito Shimotsuma (@ItoShimotsuma) March 21, 2025
However, an XRP spot ETF could be months away from surfacing, and as bearish sentiment now plagues the token, trader SalsaTekila believes the market won’t start moving up until XRP declines below the $1 mark.
While XRP benefitted from positive developments that mitigated some of its monthly losses, ETH performed much worse, losing 27.86% of its value over the past 30 days.
Its current price of $1,961 is well below its 50-day and 200-day SMAs of $2,465 and $3,031, a strong bearish signal that suggests the token could face a further decline before it rallies.
Charts analyst Lala expects ETH to soar further if it manages to break through the resistance at the $2,050 level but has warned his audience of a downward trajectory potential if ETH loses the support at the $1,871 mark.
make it or break it Vitalik pic.twitter.com/IPNLeEORdu
— Lala 🧪 (@cryptolalaaaa) March 20, 2025
Meanwhile, crypto analyst TedPillows believes ETH won’t reverse the negative trend until Ethereum staking is integrated into ETFs, which could take months to approve and implement.
Solaxy and MIND of Pepe Gain Momentum Ahead of Launch
In contrast to the poor performance of leading altcoins, Solaxy and MIND of Pepe aren’t losing momentum during their presale phases as their unique project goals turn heads among meme coin investors.
Solaxy is developing a Layer 2 blockchain for Solana that’s designed to help Solana’s mainnet process transactions faster, even during high-traffic hours that have previously caused congestion issues, often resulting in failed transactions for traders.
With $27.3 million already raised, the Solaxy presale is nearing its final stage, and meme coin expert Austin Hilton is urging his audience to enter the presale before SOLX reaches its listing price.
Currently, SOLX costs $0.00167 each, with the final stage expected to bring that price to $0.00169, according to the presale’s whitepaper. Additionally, Austin Hilton highlighted the project’s 149% staking APY as an excellent opportunity to earn more SOLX passively.
While Solaxy focuses on improving Solana’s scalability, MIND of Pepe strives to empower its community with AI-powered market insights and alpha access to new tokens.
The project is working on the MIND AI agent, which will autonomously operate its own social media pages to attract an organic audience.
Presale analyst Crypto Boy sees a 140x potential in MIND, pointing out that only those holding the token will have access to the MIND AI agent’s dashboard, where the AI agent will provide its users with actionable market insights.
Additionally, those holding MIND will receive exclusive alpha once the MIND AI agent starts deploying its own tokens, which could result in additional gains for MIND holders. Currently, MIND costs $0.003566 each, with the next price increase scheduled in just two days, making this the best time to join the $7 million+ presale for those seeking exposure before listings begin.
