Ripple's XRP has seen a significant price increase of 3% in the past 48 hours, bouncing off a key support level of $0.4645. This upward trend suggests that bulls are gaining control, and a more substantial move may be on the horizon. The XRP price has been influenced by Solana's market trends, with a moderate positive correlation of 0.44 over the past three months.

Whale activity on Solana has also been notable, with a whale-to-retail ratio of 47.80, indicating significant interest from top investors. This activity may impact XRP's price action due to their correlation. Additionally, liquidation heatmap data suggests a bullish bias towards the $0.5 level, anticipating further price increases.

The potential approval of Solana ETFs has also fueled market sentiments, with a report from GSR projecting an impressive 8.9x appreciation. This development could have a significant impact on the altcoin market, potentially benefiting correlated assets like XRP. Traders are closely monitoring how developments in the Solana ecosystem may influence XRP's price trajectory.

The strong support at $0.4645 and accumulating bullish momentum lay the foundation for further potential price hikes to the descending trendline resistance level. However, price declines cannot be ruled out, as liquidity shows a bearish bias. The relationship between XRP and Solana adds complexity to the market, making it essential to monitor developments in both ecosystems.

In conclusion, XRP's bullish surge is influenced by Solana's market trends and whale activity. The potential approval of Solana ETFs adds another layer of complexity to the XRP-SOL relationship, making it essential for traders to monitor developments in both ecosystems. As the market continues to evolve, it will be interesting to see how XRP's price trajectory is impacted by these factors.