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- Standard Chartered has set a $12.5 target for XRP by 2028, based on a 3-year projection.
- Key drivers to the XRP bullish outlook include regulatory clarity, a possible ETF approval, and Ripple’s expanding role in payments.
Banking giant Standard Chartered recently released a 3-year projection for the Ripple-backed coin, XRP. The bank predicted that XRP would climb steadily over the next three years, potentially crossing into double digits.
Standard Chartered Raise XRP Price Outlook
According to Standard Chartered’s crypto researcher, Geoffrey Kendrick, the XRP price could reach around $12.5 by 2028. This would imply gains of more than 300% from current levels.
Kendrick outlined a roadmap that projects XRP at $5.50 by the end of 2025, $8 in 2026, and $10.40 by 2027. He further noted that XRP could overthrow Ethereum (ETH) to become the second-largest crypto by market value within four years.
According to data from MarketCap, XRP is currently traded at $3.03, up 6.6% over the past 24 hours. XRP now has a market capitalization of $180.4 billion, while its trading volume has surged to $10.6 billion.
On the other hand, ETH is traded at $4,717 with a market cap of $570 billion, over three times that of XRP.
For XRP to reach $12.5 in 2028, based on the projection from Standard Chartered, its market cap would need to rise to about $743 billion, surpassing Ethereum’s current valuation.
However, Ethereum would likely not sit dormant as XRP skyrockets 300% over the next three years. Thus, the market cap of ETH would remain above that of XRP if the former trades above $6,500 by 2028.
Moreover, Standard Chartered forecasted in a recent update we covered that Ethereum could reach $7,500 by the end of 2025. This prediction is based on stronger activity in the sector and growing holdings of Ethereum treasury firms in recent months.
Meanwhile, other analysts have also set a realistic bullish target for XRP. As we mentioned in our latest report, analysts are optimistic that XRP could hit $5.50 by 2026.
Factors Driving XRP Growth
The bold XRP prediction by Standard Chartered over the next three years hinges on several key factors.
The first factor spotlighted by Kendrick is the conclusion of the long-standing XRP lawsuit between Ripple and the US Securities and Exchange Commission (SEC). This development has reduced regulatory pressure and uncertainty surrounding the XRP coin.
As legal uncertainty fades, the Ripple payments network is also expected to see broader adoption, a bullish outlook for XRP.
Kendrick believes the legal shift will also pave the way for the approval of an XRP exchange-traded fund (ETF). A possible XRP ETF approval by September would make the asset more accessible to large financial institutions.
Standard Chartered estimates XRP ETFs could attract inflows between $4 and $8 billion within their first year.
Beyond regulation, Kendrick also pointed out some challenges for Ethereum’s scalability. While the network is the backbone for many DeFi applications, it faces intense competition from Solana and Cardano.
However, XRP’s payments-focused blockchain remains central to its value proposition. The XRP Ledger (XRPL) moves money across borders quickly and cheaply. Thus, it serves as a natural alternative to SWIFT’s slower, fee-heavy infrastructure.
The expansion of Ripple into stablecoins (RLUSD) and tokenization could further boost the utility of XRP. In a previous article, we discussed that Ripple is set to introduce RLUSD into Japan in 2026 through its partner SBI Holdings.
