Litecoin leads today’s winners with a 13% jump, renewing interest in big ALTs. The XRP Bulls need to protect $3.0 to prevent critical dips. The two companies purchased over $23 million in Solana.
The digital token recorded a minor price action on Tuesday. Global cryptocurrency market capitalization has skyrocketed from 0.15% in the past day to $3.73 trillion.
Meanwhile, Litecoin led the winners with profits of over 12%, sparking interest in massive caps and legacy altcoins.
Ripple’s XRP will be traded at a critical time as Bulls defends support levels at $3.0, but Solana is looking at the institutional traction as it purchases the two companies over $23 million in Sol.
Let’s learn more!
Litecoin leads the winners
LTC saw significant profits in the past day, with over 12% increasing from $113 to $128.
Trading volume is $125, with more than 200% increase in trading volume and notifying you of robust trader activity.
Short-term technical indicators turn bullish.
For example, the divergence of the moving average convergence of 3H crosses the signal line, and the green histogram shows the buyer’s revival.
Additionally, the LTC is well above the 50 and 100 Exponents moving averages over the 3-hour time frame.
It shows a bullish presence and hints at an upward continuation.
However, the RSI of 71 on the daily chart suggests an imminent excess.
Therefore, AltCoin can be extended from its current peak towards its $200 target.
We predicted institutional interests from Mei Pharma, Litecoin ETF Momentum and others, as well as the AltSeason Position LTC for impressive gatherings in the coming weeks and months.
XRP is located in the main support zone
Ripple’s native coins are covered at $3.03 after a relatively calm price movement the day before.
The XRP structure suggests a short-term struggle as trading volumes remain weak.
However, general sentiment could strengthen a $3.0 scaffolding.
New speculation suggests that the Ripple vs Sec battle may soon be over.
## Formalised to ripple-sec showdown.
📅August 15th is approaching – the final verdict will be handed out.
Buckle up. pic.twitter.com/vwibgrbs4o
– Ripplexity (@ripplexity) August 5, 2025
Remittance companies also have significant recognition from US authorities.
Technical indicators support XRP’s bullish bias.
The ALT is integrated with a downward wedge setup from December to January and is stable above the 50-D EMA.
This pattern ended with an upside breakout that catalyzed an increase of over 70% in January.
XRP repeats its performance. Digital coins integrate the inside of the descending wedge following substantial price action.
This pattern sets the potential surge stage at $3.75.
Analyst Chartmonkey Trusts XRP can rise above $4 to $6 in upcoming sessions.
Long: MasterAnanda@Ripple The $XRP chart with XRP Update shows strong momentum and needs to adapt to the market situation for continued success. Traders, keep aiming higher. #bitcoin #crypto #xrpusdt $ xrp pic.twitter.com/sbkrmeat9z
– Barry | chartmonkey (@chartmonkeybtc) August 4, 2025
However, losing the $3 barrier could delay the expected profits and drive a drop to support perhaps $2.80 and $2.48.
The agency will pour $23 million into Solana
Litecoin and XRP dominated the price charts, but the institution was loaded into SOL.
First, Crypto Infrastructure Firm Bit Mining has announced its first Solana Validator node.
I bought 27,119 Sol, worth around $4.89 million, to charge my Solana Treasury.
Commenting on the initiative, Bit Mining Chief Operation Officer bo Yu said:
The launch of this validator is a fundamental step in operating your Solana strategy. We not only hold SOL, but we also support the power of our network. It demonstrates our belief in the possibilities of Solana and our commitment to building meaningful infrastructure that supports its growth, security and decentralization.
Second, Defi Development Corp has expanded its Solana Holdings with its latest purchase of 110,000 Sol Tokens worth around $18.4 million.
This brings the total investment to 129 million SOL, exceeding $225 million.
defi dev corp. $dfdv buys 110,466 $ sol for $18.4 million.
– Wolf of All Street (@scottmelker) August 5, 2025
Defi Dev Corp has been a huge balance since it launched its Crypto Treasury strategy in April 2025 and then started purchasing.
Sol will trade for $165 after losing 1% in the last 24 hours.
