Ripple, Bitcoin, Solana and blockchain stocks face mixed market pressures

Ripple's XRP received a MiCA licence covering 30 European Economic Area countries and holds more than 75 licences worldwide, but the token remains under technical pressure near $1.13‑$1.14. Spot‑XRP ETFs saw net inflows of about $1.47 billion before recent outflows, and Standard Chartered cut its year‑end price target from $8.00 to $2.80. The US Senate’s CLARITY Act, which could reclassify XRP as a commodity, has been delayed until at least late July.

Bitcoin reclaimed the $65,000 level on 15 July after US producer‑price data fell, easing short‑term inflation worries and reducing expectations of further aggressive Fed hikes. The broader crypto market rose more than 2 %, with Ethereum breaking $1,900 and other assets such as Solana and XRP also gaining.

Solana recorded record on‑chain activity – nearly 7 million active addresses, about 1,100 transactions per second, $4.15 billion DEX volume and over $13 billion in stable‑coin liquidity – yet its price stayed near $76‑$77, struggling against a resistance around $80. Institutional interest includes a partnership with Japan’s SBI Holdings, custodial services from Clearstream, and a product being developed by Morgan Stanley, while recent ETF outflows have dampened demand.

Advanced Blockchain AG’s share price dropped 10.5 % to €1.19, well below its 200‑day average, as the firm pursues a balance‑sheet clean‑up and strategic reorientation. At the same time, the DTCC piloted live tokenised trades of stocks, ETFs and US Treasuries involving major banks, underscoring the growing role of tokenisation in traditional finance. South Korea also announced a 2027 pilot for tokenised sovereign bonds.