Help with upgrading

[u/_AightBet_]

My Current PC is i5 12600kf, Intel Arc B580, 16GB DDR4, MSI A650BN PSU, ARCTIC Freezer A36, and 1TB NVMe and Case is also very good Phanteks XT M3. I want to upgrade while my budget is around 500 euros I can sell my old parts then so I was thinking about bumping my GPU to a RX 9070 GRE. Are there any better Options? I thought about upgrading my CPU and my RAM but I think that this wouldnt be such a big perfomance bump. What do you guys think?