The XRP price is trading sideways for weeks now, in the $2.15 – $2.30 range. Since XRP has one of the biggest communities in crypto, many are wondering – why is the XRP price flat when other altcoins are recovering nicely?
Let’s try to understand why as one alternative Solaxy is going through one of the most successful crypto presales this year.
Why XRP Price Remains Stagnant
The positive outcome of Ripple’s legal battle with the SEC initially sparked excitement and a price surge for XRP. However, this news seems to have been fully absorbed by the market now. What was once a catalyst for growth has become old news, with the initial enthusiasm fading and prices stabilizing as a result.
A more intriguing factor behind XRP’s flat price movement involves institutional accumulation through dark pools. These private trading venues allow large players to execute substantial transactions away from public view, preventing significant price movements that would normally occur on open exchanges.
Jake Claver, Managing Director at Digital Ascension Group, describes dark pools as “an invisible force holding prices stable” despite growing institutional interest. Big buyers using these private channels don’t move the needle on public exchanges. Their orders stay hidden from regular traders.
Top exchanges like Coinbase and Kraken now offer more ways for institutions to trade quietly. New decentralized platforms are joining in too. This lets big money players – hedge funds, wealthy families, and even governments – buy XRP without anyone noticing.
🚨⚠️“DARK POOLS DON’T EXIST FOR XRP.”
— All Things XRP (@XRP_investing) May 1, 2025
Wrong.
The truth? They likely do—and they’re quietly shaping XRP’s future.
Dark pools are real, let me explain. 🧵👇 pic.twitter.com/i4fDeftrRJ
This creates a strange situation in the market. Regular traders look at the flat price and think nobody cares about XRP anymore. But behind the scenes, the available supply keeps shrinking. Claver thinks this could lead to a sudden price jump when public demand finally outstrips what’s left for sale – like a pot boiling over after simmering too long.
Read also: Ripple Locks $1.5 Billion XRP in Minutes – What Are They Planning?
Solaxy Smashes Past $32.5 Million Raised in Presale
Solaxy has now surpassed $32.5 million raised in its presale, consistently bringing in between $200,000 and $400,000 daily. The SOLX token is currently priced at just $0.001712, though this price increases every 48 hours throughout the presale period.
Solaxy operates as a Layer-2 solution built on top of Solana, handling most transactions off-chain to reduce load and minimize congestion on the main network. The platform uses rollup technology to batch multiple transactions into a single one, which significantly increases throughput while lowering fees and speeding up confirmation times.
One of Solaxy’s key features is its multi-chain connectivity, designed to bridge Solana with Ethereum. This allows users and developers to move assets and data between these networks more seamlessly than before. By offloading transactions from the Solana main chain, Solaxy reduces congestion and minimizes failed transactions, resulting in faster processing and lower fees, even during high network activity periods.
Investors who buy SOLX tokens during the presale can also stake them immediately and begin earning rewards before the official launch.
The popular 99Bitcoins YouTube channel highlighted SOLX as the “Best Crypto Presale to Buy Now” in their latest video, bringing additional attention to the project.
Solaxy is eyeing a major launch later this year, which could potentially position SOLX as one of the next cryptocurrencies to see significant growth once it hits exchanges. Currently, investors can access tokens at discounted presale prices before the anticipated public launch.
Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
