Standard Chartered Predicts $XRP to Reach $12.50 by 2028

Standard Chartered has made a bold prediction regarding XRP, forecasting its value to soar to $12.50 by the end of 2028. This projection, detailed in a report by Geoffrey Kendrick, the bank’s global head of digital assets research, suggests a remarkable 500% increase from current levels.

The forecast is driven by expectations of regulatory advancements, particularly the anticipated approval of a spot #XRP exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) in the third quarter of 2025. This approval could potentially inject between $4 billion and $8 billion into XRP within the first year, significantly boosting institutional adoption.

Kendrick's analysis indicates that XRP's market capitalization could surpass that of Ethereum by the end of 2028, positioning it as the second-largest non-stablecoin cryptocurrency. This optimistic outlook is attributed to XRP's growing utility, regulatory clarity, and Ripple's efforts to integrate XRP into traditional finance.

Additionally, the report highlights the potential of the XRP Ledger (XRPL) as a leading tokenization platform, drawing comparisons to Stellar’s infrastructure. Recent developments, such as the launch of a 2x leveraged #ETF tied to XRP futures and Coinbase's filing for nano XRP futures, signal increasing institutional interest.

As regulatory conditions improve, with the #SEC potentially settling its case against XRP, the path for XRP's acceptance in the US financial system appears to be clearing. Standard Chartered's projections suggest that XRP could become a significant player in both the cryptocurrency and traditional financial landscapes, driven by its unique position at the intersection of tokenization, regulation, and institutional growth.