Standard Chartered Predicts XRP to Soar 550% by 2028

XRP Price Forecast: A Bullish Outlook by Standard Chartered

Standard Chartered has made a bold prediction, forecasting that Ripple’s XRP token could surge to $12.50 by 2028, representing a 550% increase from its current price of around $1.90. This optimistic outlook is driven by XRP’s strategic role in cross-border payments and the growing adoption of blockchain technology.

Key Drivers Behind the Forecast

The bank highlights several factors contributing to this bullish sentiment. XRP’s potential in cross-border payments and tokenization is expected to fuel its growth. Additionally, the recent resolution of Ripple’s legal battle with the SEC has removed a significant overhang, boosting investor confidence.

Tokenization and Structural Growth

Ripple’s push into tokenization is another key driver. The XRP Ledger (XRPL) is increasingly being used to tokenize real-world assets, such as money-market funds and Treasury bills. This trend is expected to accelerate, mirroring the success seen in the Stellar network.

ETF Approvals on the Horizon

The anticipated approval of XRP exchange-traded funds (ETFs) in Q3 2025 could further propel the token’s growth. Standard Chartered estimates that these ETFs could attract between $4 billion and $8 billion in their first year, based on current market trends and the performance of other digital asset ETFs.

Price Projections and Risks

Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, projects a steady rise for XRP, reaching $5.50 by 2025, $8.00 in 2026, and $10.40 by 2027, before peaking at $12.50 in 2028. While the outlook is positive, risks such as XRP’s low developer count and limited fee revenue could pose challenges.

Overall, Standard Chartered’s forecast underscores XRP’s potential as a leading player in the digital asset space, driven by structural growth in blockchain payments and increasing institutional adoption.