XRP Price Prediction: Standard Chartered Sees $12.50 Target by 2028 Amid Legal Wins and ETF Buzz

Ripple’s XRP is gaining renewed attention after legal victories and technological advancements that have strengthened investor confidence. Standard Chartered, a major British multinational bank, now forecasts XRP reaching $12.50 by the end of 2028—marking a potential 500% surge from current levels.

Geoffrey Kendrick, the bank’s Global Head of Digital Assets Research, outlined a bullish trajectory: $5.50 in 2024, $8 in 2026, $10.40 in 2027, and $12.50 by 2028. Standard Chartered even suggests XRP could surpass Ethereum in market capitalization by late 2028, potentially becoming the second-largest cryptocurrency behind Bitcoin.

The prediction follows the launch of the first-ever XRP ETF in the U.S., a product based on swaps that track XRP’s performance rather than offering direct exposure. Despite this milestone, XRP’s price dropped 4% in 24 hours, reflecting ongoing market volatility. Still, long-term sentiment remains positive.

One of the key drivers of this optimism is XRP’s increasing adoption in global financial institutions for fast, low-cost cross-border transactions. The coin’s real-world utility is helping to solidify its value proposition in the blockchain-based payments sector.

Legal clarity has also played a significant role. The U.S. SEC recently dropped its appeal in the high-profile case against Ripple Labs, removing a major overhang that had dampened market sentiment for years. This resolution, coupled with growing utility and innovative financial products, positions XRP for significant growth.

With its unique use case, strong institutional backing, and improving regulatory landscape, XRP may be on track to meet—or even exceed—Standard Chartered’s ambitious forecast, making it a digital asset to watch in the years ahead.