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.