Bitcoin ( BTC ) and the broader cryptocurrency market have been rattled by heightened volatility following hotter-than-expected economic data, reigniting inflation concerns. The renewed pressure led to a 2.9% decline in the global crypto market cap, now standing at $3.28 trillion over the past 24 hours. Despite the uncertainty, several altcoins are displaying strong fundamentals, with some nearing the $200 billion market cap milestone—potentially setting the stage for significant breakouts in the weeks ahead. Finbold has identified XRP and Solana ( SOL ) as two cryptocurrencies on track to surpass the $200 billion market cap milestone by March, driven by ETF speculation, institutional adoption, and expanding DeFi ecosystems. XRP Currently trading at $2.42, XRP holds a $140.07 billion market cap, with growing momentum fueled by expectations of regulatory clarity and institutional adoption. XRP price and market cap. Source: CoinMarketCap As legal uncertainty eases and with the growing ecosystem, XRP appears on track to potentially reach a $200 billion market cap by 2025, a milestone that would push its price to approximately $3.46. A key factor driving speculation remains the ongoing SEC lawsuit, which has long weighed on XRP’s valuation. However, with a new U.S. administration in office, optimism is rising that a pro-crypto stance could lead to a favorable resolution, strengthening investor confidence and driving renewed demand. Beyond legal battles, broader market catalysts could propel XRP higher. One of the most anticipated developments is the potential approval of an XRP-based exchange-traded fund. Grayscale Trust and Purpose Investments have already submitted applications, and with shifting regulatory sentiment, speculation is mounting that approval could arrive within the next year. Such a move could unlock substantial institutional capital, further driving market interest. According to JPMorgan analysts, an XRP ETF could bring $3 billion to $6 billion in net inflows in its first year. Coupled with Ripple’s expanding financial partnerships and its growing role in cross-border transactions, XRP is strengthening its institutional appeal. Solana(SOL) Currently trading at $192.23 with a $93.23 billion market cap, Solana remains a dominant player in the crypto market, ranking as the sixth-largest cryptocurrency. Solana price and market cap. Source: CoinMarketCap A key catalyst driving speculation is the potential approval of a Solana exchange-traded fund, with the SEC actively reviewing filings from 21Shares, Bitwise, Grayscale, and VanEck. According to Bloomberg analysts Eric Balchunas and James Seyffart, there is a 70% probability of a Solana ETF approval in 2025, a move that could unlock significant institutional capital and further solidify SOL’s position as a mainstream investment asset. Institutional interest is already on the rise, with Franklin Templeton filing for the Franklin Solana Trust, a precursor that often signals an upcoming ETF application. For Solana to hit a $200 billion market cap, its price would need to increase by 113% to approximately $410 per SOL. With growing ETF speculation, rising institutional adoption, and Solana’s expanding dominance in the smart contract sector , this milestone appears increasingly within reach. With rising market confidence, XRP and Solana are poised to surpass $200 billion market caps, driven by ETF speculation, DeFi expansion, and increasing adoption. Investors should watch their ecosystem growth, utility, and institutional interest as they navigate volatility and capitalize on emerging opportunities. Featured image via Shutterstock The post 2 cryptocurrencies to reach a $200 billion market cap in March appeared first on Finbold .
