The arguments for the XRP being able to reach $10+ or not have ranged from how high the market cap would have to go, as well as there being too much supply of the token. However, crypto analyst XForceGlobal has debunked it and said that the market cap argument is not valid. In their view, the XRP price is definitely primed for the $10 mark and is only a matter of time before the digital asset reaches this level.

Don’t Be Fooled By The Market Cap Argument

In a post on the X (formerly Twitter) platform, the crypto analyst warned XRP investors not to be fooled by those who say that the price cannot rise to $10+. Most especially, the argument that the market cap would be too high at this price would be irrelevant.

Related Reading

According to the post, the XRP price is expected to actually cross the double-digit mark in the next year. This is because with the triangle breakout that began back in 2024, the XRP price remains quite bullish. Hence, there is still a small window of opportunity where the altcoin could continue its run.

Going by the analyst’s chart, in the event of a breakout, the XRP price could quickly rally toward $4 to set a new all-time high. Then through the year 2026, the bullish wave is expected to persist, triggering an over 200% increase to break $10, and eventually rally toward $14.

XRP Price Still Bullish Despite Decline

Another crypto analyst, TradingShot, has also pointed out why the XRP price is still bullish, alluding to a technical setup on the 1-day chart. The analyst points to the fact that the price had bottomed back in April after months of onslaught due to Donald Trump’s tariff wars. Then, with the recent recovery, the price has been testing and holding the 1-Day MA50 as support above $2.7.

Related Reading

The significance of this is that the XRP price is holding this support after bottoming from its bearish leg on the 1-Day MA100 chart. Thus, this means that is the 1-Day MA50 is confirmed, then it would be the push needed for the altcoin to continue to rally.

The target for the rally here is an over 60% increase in price to reach the $5 mark. “That Bullish Leg peaked on the 2.0 Fibonacci extension level. If this sequence is repeated, expect the next high to be around $5.00,” the crypto analyst explained.

Featured image from Dall.E, chart from TradingView.com

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum Foundation researcher Dankrad Feist has cautioned that ETH’s base layer could slip into irrelevance within a decade unless the community embraces a far more aggressive roadmap for on-chain scaling and protocol overhaul. Writing in a post on the Ethereum Magicians forum, Feist introduces a draft EIP that would pre-commit the network to a multi-year schedule of sharp gas-limit increases and complementary architectural changes.

“I do think it is time for being unconventional, because the current way of doing things is likely to make Ethereum irrelevant over the next 5-10 years,” Feist argues at the outset of his proposal.

Feist’s primary concern is strategic. He insists that the main chain must remain “the economic center of Ethereum,” warning that splintering liquidity across an expanding constellation of Layer 2 networks threatens the platform’s competitive position. “If L1 is unimportant and loses its attraction of liquidity and DeFi, there will also be less of a reason for L2s to even remain attached to Ethereum,” he writes, adding that rival ecosystems are “eager to get its market share” precisely by offering high-throughput, single-layer user experiences.

What Needs To Change For Ethereum?

On the technical front, the researcher points to rapid progress in zero-knowledge validity proofs: “Proving Ethereum L1 blocks became first possible, and is now cheap,” he notes, citing a current per-block proof cost of only a few cents via publicly available dashboards. According to Feist, the ecosystem is on track to achieve single-slot proof latency later this year, while data-availability sampling (DAS) through the PeerDAS initiative “will also become reality.” Together, these breakthroughs open the door to “100x to 1000x the current scale while keeping the most important properties: verifiability and censorship resistance.”

Feist highlights that Ethereum’s node architecture still mirrors Bitcoin’s 2009 design, asserting that it must evolve into differentiated roles—some lighter than today’s full nodes, others “beefy” builders or provers operating under a one-out-of-n honesty assumption. “The key to maintaining security and keeping Ethereum unstoppable [is] that all node types can still be run from home in some places,” he writes, referencing research calls led by Ethereum Foundation colleague Barnabé Monnot.

Historically, Ethereum governance has preferred incrementalism, but Feist contends that timidity now courts obsolescence. “Working backwards from a goal tends to have better outcomes than making incremental changes as they become possible,” he says, calling for hard-coded targets rather than open-ended deliberation. Under his outline, the forthcoming Glamsterdam upgrade would prioritise delayed execution, shorter slot times, and “aggressive history expiry.” Subsequent forks over the next two years would add parallel transaction execution, erasure-coded blocks, an enshrined zkEVM, execution payloads inside blobs, and the FOCIL mechanism to shore up censorship resistance.

Feist stresses that performance engineering must accompany consensus-layer work: “Having a concrete goal in mind will let us prioritise this work as well as the concrete upgrades as needed.” Databases and mempools optimised for a five-fold throughput increase, he reasons, could look “very different” from those designed for a hundredfold jump.

Anticipating criticism that a high-throughput roadmap would turn Ethereum into a “datacenter chain,” Feist dismisses the label as superficial. “The core value proposition of Ethereum is not the home staker, it is verifiability and censorship resistance,” he contends. While acknowledging that most users already rely on custodial RPC endpoints rather than self-run nodes, he argues that zero-knowledge proof verification will make trust-minimised usage easier, not harder. Moreover, mechanisms such as FOCIL or Minimum Censorship Proposers (MCP) could deliver “better censorship resistance than we have today.”

Feist closes by underscoring Ethereum’s “huge moat in DeFi liquidity” and insists that colocated applications still derive network effects from Layer 1 proximity. “At 100x the current scale, Ethereum L1 can support a very large range of value-transaction[s] such that competing with it simply on scaling terms is not an interesting game to play anymore,” he writes. The “endgame,” in his vision, is a base layer capable of processing orders of magnitude more activity without sacrificing the protocol’s defining guarantees.

“We need to commit to it as soon as possible, both because builders and applications need predictability, and because we need to prioritise properly so that it can actually get executed.”

At press time, ETH traded at $1,812.

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

German law enforcement authorities recently concluded what they term an “emergency sale” of nearly 50,000 Bitcoin (BTC). Today, the authorities revealed that they netted an unprecedented €2.639 billion ($2.88 billion) from the Bitcoin selloff. In addition, they regulators deemed the BTC price action “irrelevant” to their selloff decision.

German Officials Reveal Actual Reason Of Bitcoin Selloff

The German Bitcoin sale took place between June 19 and July 12, concluding efforts that began in January. During that time, a Bitcoin stash worth about $2.1 billion at seizure was confiscated. The confiscation was part of an investigation targeting piracy websites and money laundering, which involved individuals from Germany and Poland.

Despite the substantial windfall, the proceeds remain under custody pending the outcome of ongoing criminal proceedings. “The proceeds do not initially represent any additional income for the Free State of Saxony, but are held in custody until the criminal proceedings have finally concluded,” stated the prosecutor’s office, according to a report by Decrypt.

The sale was orchestrated through a collaborative effort involving the Saxon Police’s Central Office for the Safeguarding, Custody and Utilization of Cryptocurrencies, and the Dresden Public Prosecutor’s Office. In addition, Bankhaus Scheich, a trading firm in Germany, played a pivotal role. It was entrusted with the task of executing the sale in a fair manner and minimally disruptive to the market.

“The bank was commissioned to sell the Bitcoins in a way that was fair and gentle on the market,” emphasized the prosecutor’s office. In addition, they highlighted the delicate balance struck between liquidating the assets swiftly and ensuring market stability.

Also Read: Is Ethereum ETF Approval “Sell The News” Event Like Bitcoin ETF?

BTC Price Deemed “Irrelevant” Amid Sell Spree

Bitcoin’s price remained extreme volatile during the sale period, with prices fluctuating from around $65,000 to a low of $55,000. However, authorities maintained that market conditions were deemed “irrelevant” in their decision-making process. “The Bitcoin price and market conditions were ‘irrelevant’ in its decision to sell the BTC and that it was prohibited from waiting for prices to rise,” the prosecutor’s office clarified.

They cited legal requirements that necessitate an “emergency sale” when there is a perceived risk of significant value loss, typically defined as 10% or more. Data compiled by blockchain analytics firm Arkham Intelligence revealed that the seized Bitcoin was liquidated through centralized exchanges such as Kraken, Coinbase, and Bitstamp.

In addition, the German government depended on over-the-counter firms including Flow Traders and Cumberland DRW for the Bitcoin selloff. The specific institutions involved in the sale were detailed, with one participant remaining unidentified.

The decision to proceed with the sale despite market volatility conforms to the asset management regulations in Germany. The prosecutor’s office justified their actions based on the “enormous and extreme speed of price fluctuations” characteristic of Bitcoin. This makes it necessary to adhere to statutory provisions aimed at mitigating financial risk.

Also Read: Mt Gox News: 13K Creditors Repaid In Bitcoin & BCH, Major Selloff Imminent?

✓ Share:

Kritika boasts over 2 years of experience in the financial news sector. Currently working as a crypto journalist at Coingape, she has consistently shown a knack for blockchain technology and cryptocurrencies. Kritika combines insightful analysis with a deep understanding of market trends. With a keen interest in technical analysis, she brings a nuanced perspective to her reporting, exploring the intersection of finance, technology, and emerging trends in the crypto space.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.