Bitcoin and Ethereum continue to rise, Solana surges rapidly, and XRP's prospects for adoption in Japanese payments look promising.

Source: TokenPost Original Title: Bitcoin and Ethereum Continue to Rise, Solana Surges Notably, XRP Anticipated to Adopt Japanese Payments Original Link:

Mainstream Coins Show Different Performances Amid Market Mix

The virtual asset market is showing a mixed trend, with major virtual assets displaying different movements. Bitcoin (BTC) and Ethereum (ETH) maintain upward momentum, while Solana (SOL) experiences a strong surge attracting market attention. Meanwhile, Ripple (XRP) is gradually rising amid expectations of adoption within Japan’s payment systems.

Bitcoin: Institutional Investment Continues to Drive Growth

Bitcoin is currently trading near 1.277 billion KRW, with a 24-hour increase of 1.63% under continuous attention from institutional investors. The derivatives market expansion trend is evident, with an expected scale of approximately $85.7 trillion this year. This indicates increasing institutional participation. Relevant regulations in the US and the European MiCA framework have played a role in boosting market confidence.

Ethereum: Following Bitcoin’s Uptrend

Ethereum is trading around 4.27 million KRW, with a 1.18% increase. Its independent upward momentum is relatively modest, but it is showing an upward trend following Bitcoin. Currently, there are no obvious ETF or regulatory issues in the market, mainly driven by institutional investors’ portfolio allocations.

XRP: Prospects for Integration into Japan’s Payment System

XRP is trading near 2,720 KRW, with a 1.05% increase. Expectations of XRP being integrated into Japan’s foreign exchange and payment systems are emerging, continuously boosting long-term value growth expectations. Experts believe XRP could transcend being a mere speculative asset and become a core component of cross-border payment networks.

Solana: Notable Surge Draws Attention

Solana is trading around 178,000 KRW, showing a rapid upward trend. Although some abnormal percentage data has been reported, the strong upward trend itself has been confirmed. In an environment of rising risk appetite, Solana, as a high-beta asset, particularly reflects a strong market, demonstrating resilient price volatility.

Overall Market Trend

Overall, the virtual asset market is restructuring around themes such as institutionalization, expansion of derivatives, and regulatory clarity. Each major coin has reinforced its unique role in this process.