Cryptocurrency markets are rapidly approaching 2028, with the possibility that an impressive surge may not occur even in 2025. As several financial institutions revise their outlook on the markets, the renowned financial organization Standard Chartered has released a price target for XRP Coin.
XRP Coin 2028 Forecast
Ripple $2, primarily focused on payment services, has the potential to make significant strides in asset tokenization. However, ongoing legal battles have hindered its performance, preventing it from achieving expected results. Currently, with the case nearing its conclusion and a focus on ecosystem growth, the price of XRP Coin hovers around the $2 mark, bolstered by developments like RLUSD.
In his latest report, Geoffrey Kendrick, the global head of cryptocurrency research at Standard Chartered, suggested that the price of XRP Coin could rise from $2 to $12.50. This indicates a potential increase of over 500%.
XRP Coin’s Promising Outlook
Kendrick mentioned that by the end of 2028, XRP Coin is expected to surpass Ethereum $1,752 in market capitalization. He noted that the tariff complexities would soon be resolved, stating that Bitcoin
$92,561‘s relatively strong position is encouraging, showing signs of adaptation to this new asset class.
What underpins the anticipated rise for XRP Coin?
- The conclusion of the appeal process in the XRP case.
- XRP Coin ETF applications anticipated to be approved in Q3 of 2025.
- Initial net inflows expected to be between $4-8 billion for XRP Coin ETFs.
- A projected 50% annual increase in Ripple’s stablecoin transaction volume, with Kendrick expecting a tenfold increase in four years.
- The potential for XRPL’s payment chain structure to be strengthened with RLUSD and its alternatives.
- Expectations that the network will be highly favored for payment infrastructure and tokenization.
Reports targeting $5.50 by the end of 2025 suggest a gradual escalation to $8 by 2026. By the end of 2029, maintaining a price of $12.50 is anticipated, contingent upon BTC reaching $500,000.
AVAX is projected to reach $250 by the end of 2029, while Ether aims for a previous target of $4,000 by 2025. Among BTC, ETH, and XRP, Kendrick sees Ether falling behind.