Prominent commodities trader Peter Brandt recently caused a stir within the investment community by announcing that he was intending to buy $100,000 worth of either Solana (SOL) or XRP as soon as this week.
He has asked the community to help him pick the right coin while clarifying that he would not consider any other options.
Brandt’s XRP chart seemingly shows a large symmetrical triangle formed by converging trendlines. In late 2024, the price of the token experienced an enormous rally, with the price breaking out above the upper trendline.
The chartist has also attached the so-called “Cup and Handle” pattern for Solana. The chart shows that the “cup” formed roughly between late 2021 and mid-2024. Meanwhile, the “handle” has started emerging in late 2021 and early 2025. Brandt has identified a potential price target for the SOL token between $518 and $707.
The trader’s comments are filled with multiple suggestions and charts, with the XRP and Solana communities trying to promote their tokens.
According to the CoinGecko data, XRP and Solana (SOL) are in fourth and sixth places, respectively.