As the Cryptocurrency Market Shows Renewed Bullish Momentum in May

As the cryptocurrency market shows renewed bullish momentum in May, analysts have begun to issue bold forecasts for leading digital assets.

Crypto analyst Capt Toblerone has issued a bold prediction for XRP, stating that the token’s price could soar to $22 during the next bull cycle.

This projection is contingent on a major expansion of the global crypto market, a scenario that several analysts have begun to consider as May shows renewed bullish momentum.

In a recent tweet, Toblerone unveiled his optimistic outlook for 2026, highlighting a $35 trillion total market cap.

According to his calculations, Bitcoin’s dominance would decrease to 16%, aligning with a price target of $300,000. Moreover, he predicts that Ethereum (ETH) would reach $30,000, resulting in a market cap of $3.609 trillion.

As for XRP, Toblerone estimates that it could capture a portion of the capital inflow, potentially reaching a valuation of $1.2 trillion. Given the current XRP price of around $2.5, this scenario would require a tenfold increase in its total valuation.

However, Toblerone’s projections suggest that this outcome is plausible within a broader market surge, where XRP claims a substantial share of the capital flowing into digital assets.

As we discussed in our previous article, macroeconomic trends, regulatory developments, and investor sentiment will ultimately determine whether this optimistic prediction comes to fruition.

For those interested in following Capt. Toblerone’s market analysis, his X account provides further insights and updates.