XRP and Solana prices stabilized on Friday ahead of the U.S. Securities and Exchange Commission roundtable meeting on the transparency law scheduled for April 16. Solana’s price hovered above the $80 support level, with further upside expected. The U.S. Securities and Exchange Commission will lead the discussion on April 16. XRP’s price rose by 0.66% to trade near $1.34, maintaining support above the $1.30 threshold.

The overall cryptocurrency market rose by 0.75%, with its total market capitalization reaching $2.43 trillion during the same session. Bitcoin and XRP prices are expected to see further recovery despite Iran reopening the Strait of Hormuz again under a ceasefire agreement.

Bitcoin’s price held above $71,000 after a sharp rise during the day, boosting overall market sentiment. Ethereum’s price rose to $2,100 as buyers returned. Solana, Cardano, and Dogecoin also recorded notable improvements amid a rebound in risk appetite.

This trend was reinforced by the confirmation of a two-week ceasefire between the United States and Iran, easing geopolitical pressures.🚀📈❤️❤️❤️❤️❤️❤️❤️