XRP Struggles to Attract Institutions While Solana Soars
• XRP price dipped below $0.600 on Monday despite Bitcoin's rally, likely due to lack of institutional interest compared to coins like Solana
• Institutions invested $143 million in Solana in 2022 vs only $13 million in XRP, showing greater preference
• XRP price fell 6% Monday, causing some liquidations, but shows signs of rebounding towards $0.644 resistance
• If XRP fails to attract more institutional investment, further declines are possible
• Short term XRP looks bullish, but losing $0.600 support could invalidate this and cause a drop towards $0.551