XRP could overtake Ethereum as the top altcoin by next month, driven by the Trump effect and the launch of an XRP ETF, Messari said.

Top-performing xrp (XRP) and Ethereum’s ETH saw profit taking early Saturday as a Donald Trump-themed “official” memecoin attracted $3 billion in its first few hours after being issued on the Solana network, driving demand for SOL tokens.

Ethereum (ETH) rallied 4% on Wednesday, alongside XRP’s nearly 9% gain at the time of writing. The top three tokens from the AI category, Near Protocol (NEAR), Internet Computer Protocol (ICP) and Render (RNDR) yielded positive returns for traders on Wednesday.

Donald Trump’s official memecoin has jumpstarted fresh speculative activity in the Solana ecosystem nearly overnight.Multiple large-cap tokens

Solana's SOL token rocketed after a meme coin linked to President-elect Donald Trump launched on the popular blockchain network.

Solana, the fourth-largest cryptocurrency by market cap excluding stablecoins, experienced a significant price surge on Saturday. According to Coin Metrics, the price of SOL increased by more than 12%,