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Goldman Sachs Dumps XRP and SOL: Altcoins Market Could Crash

May 18, 2026
in Crypto News
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Goldman Sachs Dumps XRP and SOL: Altcoins Market Could Crash
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Ahmed Barakat

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Ahmed BarakatVerified

Part of the Team Since

Aug 2025

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Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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CryptoNews Editorial TeamVerified

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The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

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May 18, 2026

Goldman Sachs Dumps XRP and SOL: Altcoins Market Could Crash

Goldman Sachs has reduced exposure to XRP and Solana, according to recent portfolio disclosures. The timing raises an obvious question: is this institutional profit-taking, or something more structural?

Both assets have catalysts on the horizon, but the exit signal from one of Wall Street’s most-watched desks is hard to ignore.

The bank’s exit reflects an institutional shift away from higher-beta altcoins and toward large-cap anchors like BTC and ETH. While XRP’s regulatory overhang has been resolved, SOL’s sharp one-week drawdown of nearly 11% has reignited questions about its dependence on speculative memecoin cycles, even with the Foundation President’s statement on memecoins.

Neither asset delivered a clear breakout in recent sessions despite windows of opportunity. The data points to a market in transition, with altcoin liquidity thinning and institutional appetite shifting to infrastructure plays closer to Bitcoin’s base layer.

Discover: The best pre-launch token sales

Can XRP and SOL Survive Goldman Sachs Exit?

XRP is holding a narrow range between $1.38 and $1.42, with bulls defending the $1.35 support floor established during recent consolidation. Resistance sits at $1.50, a zone where XRP has stalled repeatedly across the past several weeks.

XRP’s moves remain tightly correlated with altcoin flows rather than any idiosyncratic driver, meaning upside depends heavily on macro risk sentiment flipping positive.

SOL’s picture is sharper and more painful. Down almost 12% on the week, the current $85 level is its last support. A hold there opens a potential rebound toward $95. However, a clean break below $80 would expose prior consolidation zones with limited technical support.

Solana’s roadmap developments, including Alpenglow and MEV design changes, remain longer-term positives, but they do not resolve near-term selling pressure.

Discover: The best crypto to diversify your portfolio with

Bitcoin Hyper Targets Early Mover Upside as XRP and SOL Test Key Levels

When established altcoins face institutional exits and technical stress simultaneously, capital doesn’t disappear; it rotates. SOL’s 12% weekly drawdown and XRP’s range-bound stagnation are exactly the conditions that push active traders to look earlier in the cycle.

Bitcoin’s own price action has been consolidating, but the infrastructure being built on top of it is accelerating.

Bitcoin Hyper is positioning itself at that intersection. The project is the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration. It smart contract that executes at Solana-level speeds, secured by Bitcoin’s network.

The pitch is direct: break Bitcoin’s core constraints like slow transactions, high fees, and no programmability, without sacrificing its trust model. The presale has raised more than $32.7 million to date, with $HYPER currently priced at $0.01368. Staking is live alongside the presale buy option at the current rate of 35% APY.

Bitcoin Hyper presale details are available here.


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