Finbold has identified XRP and Solana (SOL) as two cryptocurrencies that have a strong chance of surpassing the $200 billion mark in March. The primary drivers of their growth include speculation surrounding exchange-traded funds (ETFs), institutional adoption, and the expansion of the DeFi ecosystem.
XRP
XRP is currently trading at $2.42 with a total market capitalization of $140.07 billion. Its growth is fueled by expectations regarding regulatory clarity and institutional acceptance.
Under favorable conditions, XRP could reach a market capitalization of $200 billion as early as 2025, which would elevate its price to approximately $3.46.
A key factor influencing market expectations remains the lawsuit with the SEC, which has long pressured the asset's price. At the same time, with the arrival of a new administration in the U.S., optimism is growing regarding a potential pro-crypto stance, which could lead to a favorable resolution of the case. This, in turn, would bolster investor confidence and stimulate demand for XRP.
In addition to legal aspects, the approval of an ETF for XRP could also serve as a significant growth catalyst.
Grayscale Trust and Purpose Investments have already submitted applications to create such funds, and given the changes in the regulatory environment, more analysts believe that the SEC may approve them as early as next year. This would attract substantial institutional capital and enhance market interest.
According to analysts at JPMorgan, an XRP-based ETF could attract between $3 to $6 billion in net investments in its first year. Coupled with Ripple's expanding financial partnerships and its growing role in international payments, this makes XRP even more appealing to institutional investors.