Standard Chartered Bank has made a price change forecast$XRP

According to banking experts, the asset has an exclusive position in the global ecosystem of digital currencies, particularly in the area of cross-border payments.

"The altcoin rose six times after Donald Trump's victory. The market expects that exchange-traded funds, $ETH based on XRP, will be approved in the USA," analysts stated.

The growth of the altcoin will be driven by changes in the policy of the U.S. Securities and Exchange Commission (SEC) regarding the crypto industry and plans by Ripple, the issuer of XRP, to expand the use of the coin in the asset tokenization market (RWA), said Standard Chartered analysts.

In 2024, Ripple became one of the largest cryptocurrency sponsors of Trump's election campaign and inauguration ceremony. The surge in XRP quotes at the beginning of January was spurred by a meeting between Ripple CEO Brad Garlinghouse and Trump.

Previously, venture capitalist Jason Calacanis questioned the legitimacy of XRP, calling it a centralized security and the complete opposite of Bitcoin.