Crypto Majors Stuck Amid Market Gains

The cryptocurrency market has seen a 2% gain in the past 24 hours, bringing total market capitalization back into sight of $3 trillion.

Solana's price has rallied to touch $120 for the first time in eight months, while XRP's price has risen by as much as 5.4% in the last 24 hours to around $1.50.

Retail sentiment around XRP has shifted from 'bullish' to 'extremely bullish', with Solana trending in the 'bullish' zone on Stocktwits.

Bitcoin, however, remains below $85,000 and is facing a key test. Analyst Ted Pillows believes Bitcoin needs to reclaim this level to establish a stronger uptrend.