Such new hurdles could slow down Solana (SOL) and XRP on their pathway to growth. Celebrating its five-year anniversary with some institutional traction, such as CME Group listing Solana futures, Solana sustained technica difficulties like network downtimes and loss of core developers, thereby hamtering its scalability and performance. Network congestion problems have also haunted Solana and have more importantly held it back in its race to nearly overtake competitors like Ethereum.
XRP, on the contrary, has been involved in legal controversies, particularly with the U.S. Securities and Exchange Commission (SEC), subjecting it to uncertainty and impacting investor confidence. In spite of all these, XRP has been resilient, with its value increasing from $1.89 to approximately $2.40 in recent months, showing possible bullish pressure. Nevertheless, the lingering legal tussle and regulatory uncertainty still threaten its long-term growth.
