Catenaa, Sunday, April 13, 2025- Standard Chartered Bank forecast a dramatic rally in XRP, predicting the digital asset could surge more than 500% to $12.50 by 2028, driven by institutional adoption, regulatory clarity and tokenization use cases.
The British multinational also expects approval for an XRP spot exchange-traded fund (ETF) in the third quarter of 2025.
Geoffrey Kendrick, the bank’s head of digital asset research, said in a note that XRP could overtake Ethereum in market capitalization within three years, becoming the second-largest cryptocurrency after bitcoin. Kendrick highlighted XRP’s role in cross-border payments and tokenization initiatives as major catalysts.
Kendrick attributed part of the bullish outlook to recent developments including the SEC’s decision to drop its appeal in the Ripple lawsuit and the favorable regulatory environment under President Donald Trump. An XRP ETF could attract $4 billion to $8 billion in its first year, the bank said.
The XRP Ledger’s design for payments may also position it to lead in the growing tokenization market, Kendrick added. Ripple has already launched products linked to tokenized U.S. Treasury bills and a USD-pegged stablecoin.
Standard Chartered expects XRP to reach $5.50 by the end of 2025, rising to $8.00 in 2026 and peaking at $12.50 by 2028, assuming bitcoin reaches $500,000. However, the bank cited challenges such as XRP’s small developer base and low transaction fees, which limit monetization potential.
Kendrick also reiterated bullish targets for bitcoin and Avalanche, while calling Ethereum an “identified loser” in the evolving digital asset landscape.
