XRP Dev Predicts Market Cap To Hit $300 Billion Soon, What Would The Price Be?
A brand new technical projection is circulating within the crypto market after pseudonymous analyst and XRP Ledger (XRPL) developer Bird forecast a pointy rise within the cryptocurrency’s market capitalization. The analyst predicts that the altcoin might quickly attain a valuation of $300 billion, accompanied by a major value enhance from present ranges.
XRP Market Cap Forecasted To Surge To $300 Billion
In a submit on X, Bird boldly declared {that a} “$300 billion XRP market cap is coming very quickly.” The assertive forecast clearly exhibits his sturdy confidence in the token’s near-term growth potential, suggesting a serious enhance from present ranges and reflecting rising optimism across the token regardless of latest value swings and a broader market downtrend.
Bird’s forecasts had been accompanied by an in depth TradingView chart illustrating a possible breakout situation for XRP’s market capitalization. At the time of the evaluation, its valuation stood at $88.38 billion. Technical ranges on the chart spotlight a chronic downturn stretching from early 2025 into early 2026. Additionally, a descending white trendline will be seen connecting a number of decrease lows, indicating sustained selling pressure over a number of months.
The most up-to-date value motion exhibits the market cap revisiting a long-term help zone between $100 billion and $80 billion, an space circled on the chart to emphasise its significance. Fibonacci retracement and extension ranges are plotted from a value swing high to a serious now, marking key ranges at 0.236, 0.382, 0.5, 0.618, 0.702, 0.786, 1, and 1.618.
The 1 degree aligns close to the $225 billion area, whereas the 1.618 extension factors above towards Bird’s projected $300 billion market cap. The chart illustrates a big upward inexperienced arrow extending from $88.38 billion valuation on the time of the evaluation towards $300 billion, representing a rise of greater than $211 billion. This means that Bird expects its valuation to skyrocket by greater than 239%.
Price At A $300 Billion Market Cap
Analysts calculate XRP’s value by dividing its market capitalization by its circulating supply. Based on its present circulating provide of roughly 60.91 billion tokens and a projected market cap of $300 billion, this might indicate a value enhance to roughly $5 per token. At the time of writing, the cryptocurrency is buying and selling close to $1.47, that means a surge to this degree would symbolize a rally of roughly 271%.
Although $5.45 is a giant soar from current lows, many within the crypto group have expressed dissatisfaction with the bullish projection. Some say it’s too low, voicing out frustration and criticizing XRP’s slow price growth over the previous decade.
Others imagine the altcoin continues to be undervalued at a $300 billion market cap, with some members projecting that the cryptocurrency’s valuation might ultimately reach trillions of dollars.