As the crypto market eyes the next leg of the bull cycle, prominent analyst Carl Moon has outlined bold targets for major altcoins, including XRP.
With over 1.5 million followers on X, Moon’s forecast is gaining attention across the crypto community. Notably, he expects key altcoins to outperform Bitcoin in the coming months, with some potentially achieving gains of 50X or more.
XRP to Hit $30 in Moon’s Altcoin Projection
Specifically, Carl Moon places XRP among the top performers of this cycle, predicting a 10X move from current levels. With XRP currently hovering near $3, this implies a price target of $30.
This $30 outlook aligns with the views of other market watchers like EGRAG, who projects a similar target based on historical patterns. For context, following a successful retest of the 21 EMA, EGRAG expects XRP to mirror previous bull cycles, potentially rallying to $11, $20, or even $30 if history repeats.
At $30, XRP would become a trillion-dollar crypto asset like Bitcoin. Specifically, XRP would command a market cap of over $1.78 trillion, placing it close to Facebook’s $1.9 trillion and ahead of Saudi Aramco’s $1.56 trillion valuation.
While this outlook is ambitious, some analysts have suggested XRP may not reach such lofty levels anytime soon. Altcoin Daily founder Aaron Arnold believes XRP may only reach $5 by 2026. Likewise, in a previous report, asset manager Bitwise projected that XRP could take until 2030 to hit $30.
Ethereum to $25,000, Solana to $1,700
Meanwhile, according to Carl Moon’s projections, Ethereum could rise 7X, taking it to approximately $25,200. Currently, ETH is trading at $3,622, up 42% over the past 30 days.
Carl also believes Solana could perform even better, with a potential 10X surge from current levels. This implies a price target of around $1,640.
Such gains would push Ethereum’s market cap above $3 trillion, while Solana could approach the $1 trillion mark.
Essentially, Carl’s outlook highlights a highly bullish scenario for altcoin market leaders Ethereum, XRP, and Solana, suggesting valuations that could put them in the same trillion-dollar territory as Bitcoin in the coming bull phase.
Outlook for Dogecoin, ADA, and TON
Carl Moon also projects strong gains for other top-tier altcoins. He expects Dogecoin (DOGE) to deliver an 8X return and sees a 3X surge for Cardano (ADA).
Notably, with ADA currently trading at $0.727, this projection implies it may still fall short of its $3 all-time high. However, some analysts, like Ali Martinez, have suggested ADA could reach $6 this cycle. For context, this is an over 8X increase from current levels.
Meanwhile, Carl also forecasts a 6X to 9X surge for altcoins such as Toncoin (TON), Litecoin (LTC), and TRON (TRX). As for the fast-growing Layer 1 smart contract network SUI, he predicts a massive 25X move, similar to his projections for several meme coins.
In particular, Moon’s most aggressive targets are reserved for meme-based tokens. He sees PENGU gaining 15X, MEE 37X, and KASTA 56X. He also teased the possibility of a 100X “gem,” saying he plans to reveal it soon.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
