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Ripple and Standard Chartered Collaborate: Could XRP Reach $12.50 by 2028?

In a recent report, Standard Chartered has laid out an ambitious forecast for Ripple's XRP, predicting it could soar to $12.50 by the end of 2028.

This prediction comes despite a general downturn in Bitcoin, with the bank also estimating Bitcoin could reach $200,000 by 2025.

Standard Chartered's forecast for XRP includes milestones of $5.50 by the end of 2025, $8 in 2026, and $10.40 in 2027.

The increase in XRP's value is believed to be driven by a favorable regulatory environment and the growing acceptance of XRP in traditional finance.

Notably, the report highlights a previous six-fold increase in XRP following Donald Trump's election victory, suggesting similar momentum may occur again.

Geoffrey Kendrick, head of digital assets research at Standard Chartered, has emphasized the sustainability of XRP's gains.

He notes the expected supportive stance from the SEC and increasing usage of XRP for cross-border payments as indicators of future growth.

Standard Chartered also anticipates that a spot XRP ETF will be approved in Q3 2025, potentially bringing in $8 billion in investments shortly thereafter.

As of the last update, XRP is trading at $1.94, making these projections particularly notable for investors and enthusiasts alike.

Overall, Standard Chartered's insights bring a renewed optimism to the future of XRP in the evolving crypto landscape.