XRP vs Solana: Which Could Get Back to Its All-Time High by 2028?

Both XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) trade more than 70% below their all-time highs, fueling an ongoing XRP vs. Solana debate over which coin is more likely to recover by 2028.

XRP trades at $1.01, while Solana trades just under $80. In the last month, XRP has dropped 23.3%, and Solana has lost 23.7%. XRP is 72.3% below its all-time high, and Solana is 72.8% below its own, yet many holders are hopeful for a comeback, as both coins have reached such highs before.

Grok weighed a similar question in a look at whether XRP or Solana reaches a new all-time high first.

XRP Needs a 261% Gain, and Solana Needs a 268% Gain

XRP reached its all-time high of $3.65 on July 17, 2025, so it needs a 261% increase from its price to hit that level again. On the other hand, Solana peaked at $293 on January 19, 2025, and needs a 268% rally to return to that level.

Solana also trades below its lowest close of the past 30 days, $82 on November 12. Both coins set their 90-day lows on August 16, with XRP at $0.99, 2% below its price, and Solana at $75, 5.7% below.

Market capitalization is a coin’s price multiplied by its circulating supply. XRP’s market cap stands at $64.4 billion, making it the sixth-largest cryptocurrency; at $3.65, with the current supply, it would be about $233 billion. Solana, with a market cap of $47.1 billion, would grow to about $173 billion at its $293 peak.

However, supply dilution complicates these recoveries. Ripple gradually releases XRP from escrow, while Solana issues new coins to stakers who lock up SOL to secure the network. As more coins enter circulation, the same price requires more money than before, a problem an earlier look at whether XRP will ever hit a new all-time high also ran into.

XRP ETF Buyers Have Stopped Adding While Holders Stay Underwater

Spot XRP ETFs, which hold the coin directly, had cumulative net inflows of $1.81 billion on October 29. However, that figure decreased to $1.79 billion by November 12, after outflows of $10.4 million on November 9 and $7.6 million the next day. The funds’ total net assets also fell from $1.57 billion on October 21 to $1.16 billion on November 12.

XRP’s price also needs to start reflecting Ripple’s business activity and use of the XRP Ledger. So far, XRP has dropped 56% over the past year. Santiment’s 365-day MVRV, which compares a coin’s market value with the average price holders paid, shows XRP holders about 10% underwater, raising the chance they sell once prices rise enough to break even.

DTCC Gives Solana a Scheduled Catalyst in 2027

The Depository Trust & Clearing Corporation (DTCC), which settles most U.S. stock trades, plans to bring tokenized securities, stocks or bonds recorded as blockchain tokens, to Solana in 2027. Solana becomes the fifth network on its tokenization roadmap.

Despite this, investors withdrew $1.9 million from U.S. Solana funds on November 12, showing some hesitation about the coin’s near-term future. A look at whether Solana could hit $500 by 2028 also weighed the DTCC launch.

Past Recoveries From Drops This Big Took Years

Solana traded at $240 on November 14, 2021, but it took more than three years to reach a new peak on January 19, 2025. Once the rally started, Solana climbed from $57 in November 2023 to $293, a gain of about 414%.

Similarly, XRP rose from $0.63 in November 2023 to its July 2025 peak, a gain of about 480%. Both coins have made bigger runs before, but those rallies came during broad crypto bull markets. Three scenarios for what XRP could be worth in 2028 show how different starting points change the outcome.

Which Coin Has a Better Chance of Returning to Its All-Time High?

So in the XRP vs Solana comparison, which coin is more likely to return to its peak by 2028? Solana looks more likely, though both coins have a low chance of doing it by then. Solana’s DTCC launch in 2027 gives it a scheduled catalyst, but it first needs to recover its 50-day average of $105, 32% above its price, and then surpass its one-year closing high of $147, 85% above.

XRP needs to climb back above its 50-day average of $1.34, 32.7% above its price, with ETF cumulative inflows above $1.81 billion. Without those, XRP risks retesting its August low of $0.99, and if Solana’s DTCC launch fails to draw much trading volume, SOL could slide back to its $75 August low. A guide on whether Solana is a good investment covers the risks in more detail.

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