XRP Dev Predicts Market Cap To Hit $300 Billion Soon, What Would The Price Be?
Alex Smith
2 hours ago
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.
Bird’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.
The 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%.
Although $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.
Related Articles
Bitcoin Boost: 95% Of Metaplanet’s Revenue Comes From Crypto
Metaplanet posted a dramatic swing in its latest results after shifting much of...
Years After NFT Clash, Logan Paul Sells Pokémon Card For Guinness Record $16.5M
YouTube star Logan Paul has turned a pop culture prop into a record. Based on re...
Zashi Becomes Zodl: Zcash Wallet Rebrands Following Internal Split
Zashi, the flagship mobile wallet built by Zcash’s original engineering team, is...
Kraken Backs Trump Accounts, Points To Shared Crypto Vision
Kraken, the crypto exchange, said it will fund “Trump Accounts” for every baby b...