XRP Dev Predicts Market Cap To Hit $300 Billion Soon, What Would The Price Be? | Bitcoinist.com

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A new technical projection is circulating in the crypto market after pseudonymous analyst and XRP Ledger (XRPL) developer Bird forecast a sharp rise in the cryptocurrency’s market capitalization. The analyst predicts that the altcoin could soon reach a valuation of $300 billion, accompanied by a significant price increase from current levels.

XRP Market Cap Forecasted To Surge To $300 Billion

In a post on X, Bird boldly declared that a “$300 billion XRP market cap is coming very soon.” The assertive forecast clearly shows his strong confidence in the token’s near-term growth potential, suggesting a major increase from current levels and reflecting growing optimism around the token despite recent price swings and a broader market downtrend

Related Reading: Historic Trend That Led XRP To A Sharp 40% Trend Has Just ReappearedBird’s forecasts were accompanied by a detailed TradingView chart illustrating a potential breakout scenario for XRP’s market capitalization. At the time of the analysis, its valuation stood at $88.38 billion. Technical levels on the chart highlight a prolonged downturn stretching from early 2025 into early 2026. Additionally, a descending white trendline can be seen connecting multiple lower lows, indicating sustained selling pressure over several months.

Source: Chart from Bird on XThe most recent price action shows the market cap revisiting a long-term support zone between $100 billion and $80 billion, an area circled on the chart to emphasize its significance. Fibonacci retracement and extension levels are plotted from a price swing high to a major now, marking key levels at 0.236, 0.382, 0.5, 0.618, 0.702, 0.786, 1, and 1.618

The 1 level aligns near the $225 billion region, while the 1.618 extension points above toward Bird’s projected $300 billion market cap. The chart illustrates a large upward green arrow extending from $88.38 billion valuation at the time of the analysis toward $300 billion, representing an increase of more than $211 billion. This suggests that Bird expects its valuation to skyrocket by more than 239%

Price At A $300 Billion Market Cap

Analysts calculate XRP’s price by dividing its market capitalization by its circulating supply. Based on its current circulating supply of approximately 60.91 billion tokens and a projected market cap of $300 billion, this would imply a price increase to approximately $5 per token. At the time of writing, the cryptocurrency is trading near $1.47, meaning a surge to this level would represent a rally of approximately 271%

Related Reading: Ripple CEO Says XRP Will ‘Always Be Top of Mind’ Ahead of XRP Community DayAlthough $5.45 is a big jump from present lows, many in the crypto community 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 past decade

Others believe the altcoin is still undervalued at a $300 billion market cap, with some members projecting that the cryptocurrency’s valuation could eventually reach trillions of dollars.

XRP trading at $1.47 on the 1D chart | Source: XRPUSDT on Tradingview.comFeatured Image from Adobe Stock, chart from Tradingview.com Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.