Can SOL Surpass XRP? $SOL $XRP

Solana’s native token – SOL – has captured much attention lately due to its considerable price increase. It spiked to almost $70 on November 16, a figure last observed in May 2022. Its market dynamics have become a trendy topic among cryptocurrency participants, with some wondering whether an additional rally could be on the cards before the year’s end.

According to the AI-powered language model ChatGPT, SOL could continue its uptrend in the remaining months of 2023 and even surpass the market capitalization of Ripple’s native token – XRP – should several critical factors be in place.

One such element is the regulatory environment. ChatGPT estimated that a favorable update surrounding the lawsuit between Ripple and the US SEC could benefit XRP, meaning it would be tough for SOL to catch up with the pace.

The overall sentiment across the community is also worth observing. The general feeling of investors toward a certain crypto asset could play a role in its price swings, while positive news and partnerships might also propel a bull run. q