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Finbold 2025-03-03 16:43:29

2 cryptocurrencies to reach a $10 billion market cap in March

2 cryptocurrencies to reach a $10 billion market cap in March

The global cryptocurrency market cap has climbed to $3.07 trillion, gaining 0.4% in the past 24 hours, as optimism sweeps across digital assets. The rally comes after U.S. President Donald Trump directed the Presidential Working Group to advance a Crypto Strategic Reserve , a move that sent Bitcoin ( BTC ) soaring and injected fresh momentum into the broader market. As bullish sentiment builds, several altcoins are gaining traction, with some approaching key valuation milestones. Among them, Litecoin ( LTC ) and Sui ( SUI ) stand out, both on track to reach a $10 billion market cap by March, driven by growing institutional interest and an expanding ecosystem. Litecoin (LTC) Currently trading at $114.24 with a market cap of $8.63 billion, Litecoin shows the potential to reach a $10 billion market cap in the near term. LTC price and market cap. Source: CoinMarketCap The growing anticipation of a Litecoin ETF approval is a major catalyst, as Nasdaq has already filed a 19b-4 application with the SEC for the CoinShares Litecoin ETF. Litecoin benefits from a clear regulatory status, with the CFTC classifying it as a commodity, reducing the risk of SEC intervention. This clarity makes LTC more appealing to institutional investors, especially if an ETF gets the green light. Further supporting this outlook, Litecoin’s derivatives market has surged, with trading volume spiking by 225.80% to $3.10 billion, indicating heightened investor interest. While open interest dropped 6.13% to $561.06 million, long/short ratios remain bullish across major exchanges, with a strong bias toward long positions. With these factors in play, a rally toward $132 could soon materialize, pushing its market cap past $10 billion. Sui (SUI) Sui is well-positioned to reach a $10 billion market cap, driven by strong institutional adoption and ecosystem expansion. Despite last week’s record $2.9 billion in crypto market outflows, Sui defied the trend, attracting $15.5 million in inflows , making it the best-performing asset during the downturn, even surpassing XRP . Sui price and market cap. Source: CoinMarketCap Sui’s derivatives market activity further supports its bullish outlook, with trading volume surging 98.04% to $2.17 billion, signaling heightened investor engagement. While open interest dipped 2.63% to $583.44 million, the long/short ratios remain firmly bullish, with OKX at 3.07 and Binance SUI/USDT at 2.8052, showing a strong preference for long positions. Technical projections also highlight the optimism, with analysts forecasting SUI could reach $6, indicating its potential for further gains. If momentum continues, a modest 8.5% increase to $3.15 would be enough to push Sui’s market cap past the $10 billion threshold. If the broader market conditions remain favorable, especially with a potential return of Bitcoin above $100,000, both assets could plausibly surge toward a $10 billion market cap in March. Featured image via Shutterstock The post 2 cryptocurrencies to reach a $10 billion market cap in March appeared first on Finbold .

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