#xrp

Standard Chartered Sees XRP Soaring 500%, Flipping Ethereum as Second Largest Crypto

Standard Chartered Predicts XRP Surge to $12.50 by 2028 on ETF Hopes and Tokenization Boom

Standard Chartered has officially initiated coverage on XRP, forecasting a mega rally for the crypto asset driven by its role in global payments and tokenization. In a Tuesday report, Geoffrey Kendrick, the bank’s global head of digital assets research, projected that XRP could surge around 500% to reach $12.50 by the end of 2028. As part of this new coverage, Kendrick also anticipates that XRP’s market capitalization will surpass that of ethereum within the same timeframe. He stated

The global bank’s report also addressed regulatory momentum and its impact on XRP. He expects the U.S. Securities and Exchange Commission (SEC) to approve an XRP spot exchange-traded fund (ETF) in the third quarter of 2025, which he estimates could unlock between $4 billion and $8 billion in inflows during its first year.

“The ‘tariff mess’ will be over soon,” he explained, adding that, “bitcoin’s solid performance during the noise tells us a leg higher for the asset class will follow.” Kendrick identified a combination of factors underpinning XRP’s projected rise, including “a mix of regulatory developments, institutional adoption and expanding use cases.” He pointed to a statement from Ripple CEO Brad Garlinghouse about the SEC dropping its appeal in the XRP case and linked that decision to President Donald Trump’s election.

The Standard Chartered analyst anticipates XRP to reach $5.50 by the end of 2025, then increase to $8.00 in 2026, and finally hit $12.50 by 2028, staying at that level through 2029. This projection assumes a bitcoin price of $500,000 by 2028 and implies that XRP will sustain its value growth even in a higher inflation environment: “6% for XRP vs. 0.8% for BTC.” Despite XRP’s relatively small developer base and low-fee model, Kendrick believes these hurdles will be “offset by the positive drivers mentioned above.”