The market capitalization of XRP could strongly increase beyond the $250 billion threshold, thanks to historical fractal patterns and Fibonacci target levels identified after a significant breakthrough. XRP is approaching its first-ever market capitalization of $200 billion, as Bitcoin shows signs of stabilizing a few days after setting a new all-time high. In July, XRP has increased by over 35% compared to Bitcoin.
XRP's market capitalization has increased by 71.75% in the past 30 days, reaching $193.10 billion on Thursday, just short of about $2.18 billion from its record high set six months ago.
These gains are also accompanied by XRP's price increase against Bitcoin. In July, the XRP/BTC pair has increased by more than 35%. Meanwhile, Ethereum (ETH) – the second-largest cryptocurrency by market capitalization – has also increased by over 25% compared to Bitcoin during the same period.
These two top altcoins together account for approximately 16% of the total cryptocurrency market. Their consistently superior performance compared to Bitcoin recently is driving the "altseason" narrative – a period where traders move capital from Bitcoin to altcoins in search of higher profits.
In the past 24 hours, Bitcoin's price has fluctuated between gains and losses, while ETH and XRP both increased by more than 8%. This indicates that traders are shifting their investments towards the largest market cap altcoins. Many analysts believe XRP will continue to rise to $4 in the coming weeks, thanks to increased trading volume from "whales" and positive technical signals.
XRP's positive outlook, both against USD and Bitcoin, could help its market capitalization exceed the $200 billion mark. XRP's fractal patterns suggest a potential target of up to $250 billion. XRP's recent breakthrough has many similarities with the developments at the end of 2024, when its Relative Strength Index (RSI) entered the overbought zone and maintained a high level for several weeks. During that period, XRP's market capitalization increased by over 200%, peaking at around $195 billion in early 2025.
XRP's current price action is similar to its previous pattern. XRP has successfully broken through a descending triangle that lasted several months, supported by increased trading volume and positive momentum indicators. If this trend continues, the market capitalization could rise to around $212 billion in August, according to the triangle's target.
Once XRP surpasses the $212 billion threshold, opportunities will expand to the 1.618 Fibonacci level, equivalent to approximately $258 billion – a 33% increase from the current level, expected to be achieved by the end of this year.
Note: This article is not investment advice or recommendation. All investments and trades carry risks, and readers should conduct thorough research before making any decisions.
