XRP and Bitcoin Price Projections, Coinbase Joins S&P 500, Ethereum and NFT Updates

13.05.2025 29 times read 0 Comments

XRP Price Projections Tied to Bitcoin’s Potential $200 Trillion Market Cap

According to The Crypto Basic, Blockstream CEO Adam Back has projected that Bitcoin could reach a $200 trillion market cap, a scenario that would have significant implications for altcoins such as XRP. Back’s prediction is based on the ongoing accumulation of Bitcoin by public and private companies, which have collectively acquired 1.119 million BTC, representing 5.33% of Bitcoin’s total supply and valued at $105 billion at the time of reporting. Strategy, led by Michael Saylor, holds the largest share with 553,555 BTC worth $52.26 billion.

If Bitcoin achieves a $200 trillion market cap, representing a 10,595% increase from its current $1.87 trillion, and maintains its market dominance of 64.73%, the overall crypto market cap would reach $309.02 trillion. Should XRP sustain its current market dominance of 4.35%, its market cap would soar to $13.44 trillion. With a circulating supply of 58.5 billion XRP, this would result in an XRP price of $229 per token, a 10,534% increase from its current price of $2.45. Analysts at Telegaon predict XRP could cross the $200 mark by 2050, with a maximum price of $285.5, while Changelly forecasts XRP will reach $229.65 to $272.51 in January 2040. However, reaching $300 or $500 per XRP is considered highly unrealistic in the near future, as it would rival gold’s value.

Scenario XRP Market Cap XRP Price Timeline
Bitcoin at $200T, XRP dominance 4.35% $13.44T $229 Speculative/Future
Telegaon Prediction - $285.5 (max) By 2050
Changelly Prediction - $229.65–$272.51 Jan 2040

Summary: If Bitcoin’s market cap reaches $200 trillion, XRP could theoretically hit $229 per token, but such projections are considered highly ambitious and long-term by market analysts. (Source: The Crypto Basic)

Mother’s Day Crypto Investments: A Look Back at Returns

A Yahoo Finance analysis examined the returns of a $100 investment in Bitcoin, Dogecoin, and Ethereum made on Mother’s Day 2024. At that time, $100 would have bought 0.0016 BTC, 699.67 DOGE, or 0.0343 ETH. As of the latest data, these investments would now be worth $167.00 (Bitcoin), $170.43 (Dogecoin), and $87.45 (Ethereum). A combined $300 investment would be valued at $424.88, a gain of 41.6%. In comparison, $300 invested in the SPDR S&P 500 ETF Trust would now be worth $329.12, up 9.7%.

Looking further back, a $100 investment in each of the three cryptocurrencies on Mother’s Day 2020 would have purchased 0.0104 BTC, 38,270.19 DOGE, and 0.4727 ETH. Today, these holdings would be worth $1,085.48 (Bitcoin), $9,321.89 (Dogecoin), and $1,205.18 (Ethereum), totaling $11,612.55—a 3,771% increase. However, the article notes that returns have varied significantly year to year, with negative returns observed from Mother’s Day 2021 to 2022 (-51.0%) and from 2022 to 2023 (-33.4%).

Year Investment Current Value Return
2024 $300 (BTC, DOGE, ETH) $424.88 +41.6%
2020 $300 (BTC, DOGE, ETH) $11,612.55 +3,771%
2021–2022 $300 (BTC, DOGE, ETH) - -51.0%
2022–2023 $300 (BTC, DOGE, ETH) - -33.4%

Summary: Crypto investments for Mother’s Day have yielded significant gains over the long term, but returns have been highly volatile year to year. (Source: Yahoo Finance)

Coinbase Joins S&P 500, Marking a Milestone for Crypto

Reuters reports that Coinbase has become the first crypto firm to be included in the S&P 500 index, a significant milestone for the industry. The announcement led to a jump in Coinbase shares, adding $8 billion in market value. Coinbase is set to replace Discover Financial in the index.

This inclusion is seen as a watershed moment for the crypto market, signaling growing acceptance of digital asset companies in mainstream financial indices.

  • First crypto company in S&P 500
  • Share price surge adds $8 billion in value
  • Replaces Discover Financial in the index

Summary: Coinbase’s addition to the S&P 500 marks a new level of mainstream recognition for the crypto sector. (Source: Reuters)

Bitcoin Price Forecast: Potential for $140,000 Amid Overbought Signals

According to FXEmpire, Bitcoin’s open interest (OI) for futures has reached its highest level since January 21, a period that previously marked an all-time high before a significant pullback. The daily Relative Strength Index (RSI) has now reached overbought levels at 71, which historically has preceded strong upward momentum.

The report highlights that previous “golden cross” events—bullish crossovers between the 21-day and 200-day EMAs—have led to substantial gains, such as a rise from $27,000 to $72,000 and from $60,000 to $106,000. If the current pattern holds, Bitcoin could reach a long-term target of $140,000 per token, provided the price remains above the 200-day EMA.

Indicator Current Value Implication
Open Interest (OI) Highest since Jan 21 Potential for pullback or rally
RSI 71 (Overbought) Strong momentum
Price Target $140,000 If bullish pattern continues

Summary: Technical indicators suggest Bitcoin could reach $140,000 if current bullish patterns persist, but a pullback is possible if leverage is flushed from the market. (Source: FXEmpire)

Ethereum’s Rally Driven by Fundamentals and Upgrades

Decrypt reports that Ethereum surged nearly 40% last week, rising from around $1,800 to $2,500, following a successful network upgrade (Pectra) and easing global trade tensions. The upgrade improved staking limits and wallet usability, increasing confidence in Ethereum’s scalability and institutional adoption.

Despite the rally, analysts note that Ethereum spot funds saw $55 million in outflows, suggesting that crypto-native investors, rather than institutional inflows, drove the surge. Volatility models now assign a 20% probability that Ethereum will surpass $4,000 by Christmas, up from 9% the previous week. However, analysts caution that without sustained institutional momentum and regulatory clarity, Ethereum may consolidate before testing new all-time highs.

  • Ethereum price up nearly 40% in a week
  • Pectra upgrade boosts network confidence
  • 20% chance of ETH hitting $4,000 by year-end
  • $55 million outflow from Ethereum ETFs

Summary: Ethereum’s recent gains are attributed to network upgrades and market sentiment, but further growth may depend on institutional participation and regulatory developments. (Source: Decrypt)

Ethereum’s Correction Complete, $6,000+ Target in Sight

According to FXStreet, Ethereum has completed its recent correction and is now positioned for a multi-month rally targeting at least $6,100. The analysis, based on Elliott Wave principles, suggests that the fourth wave correction has ended, and Ethereum is now above key technical levels, including the 20-day and 50-day simple moving averages and the Ichimoku Cloud.

The only remaining obstacle is the 200-day simple moving average, which is expected to be a temporary roadblock. The report emphasizes that the risk/reward setup is increasingly favorable for Ethereum, provided it holds above its 2019 high at $356.

  1. Correction phase is over, uptrend confirmed
  2. Technical indicators support a move to $6,100+
  3. Key support level: $356

Summary: Technical analysis points to a bullish outlook for Ethereum, with a potential rally to over $6,000 in the coming months. (Source: FXStreet)

CryptoPunks NFT Collection Acquired by Nonprofit Infinite Node Foundation

Decrypt reports that the influential CryptoPunks Ethereum NFT collection has been acquired by the newly established Infinite Node Foundation, a nonprofit endowment. The Foundation, which previously announced a $25 million grant to support digital art, will focus on preservation, community, and expansion of the 10,000-piece collection originally created by Larva Labs in 2017.

The CryptoPunks price floor has surged 74% in the last week to $123,086, coinciding with a nearly 45% rise in Ethereum’s price. The collection has generated over $3 billion in lifetime trading volume. The Foundation’s first initiative will be a major exhibition in Palo Alto, California, with original creators Matt Hall and John Watkinson joining the advisory board.

  • CryptoPunks IP acquired by Infinite Node Foundation
  • Price floor up 74% to $123,086
  • Lifetime trading volume exceeds $3 billion
  • Major exhibition planned in Palo Alto

Summary: The CryptoPunks NFT collection has found a permanent home with a nonprofit focused on digital art preservation, driving renewed interest and price appreciation. (Source: Decrypt)

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