Subscribe to our Telegram channel
Standard Chartered predicts XRP growth to $ 10
Analysts at Standard Chartered Bank expect a significant increase in the value of the XRP cryptocurrency XRP $2.14 XRP -0.29% Market capitalization $124.82 billion VOL. 24 hours $0.27 billion . According to their forecast, the price of the asset may exceed $ 5.5 by the end of 2025, and reaching $ 10.4 is possible as early as 2027. Experts explain such dynamics by the unique role of XRP in the global digital currency system, in particular in the field of cross-border payments.
One of the key growth factors, according to analysts, is the change in the policy of the US Securities and Exchange Commission (SEC) in relation to the crypto industry. It is expected that the new administration formed after Donald Trump’s victory will contribute to the development of the cryptocurrency sector, in particular, the likely approval of exchange-traded investment funds (ETFs) based on XRP.
According to experts, an additional driver will be the expansion of Ripple, the issuer of XRP, its presence in the real-world asset (RWA) tokenization market. This opens up new opportunities for the practical use of the coin beyond the traditional cryptocurrency circulation.
Political factors also play a role in the bank’s forecasts. For example, in 2024, Ripple became one of the largest sponsors of Donald Trump’s election campaign and his inauguration celebrations. Market sentiment improved significantly after Ripple CEO Brad Garlinghouse met in person with the newly elected US president.
At the same time, some market participants remain skeptical. For example, venture capitalist Jason Calacanis previously called XRP a centralized financial instrument, which, in his opinion, contradicts the basic principles of cryptocurrencies, including decentralization. Despite such warnings, Standard Chartered’s forecasts indicate that XRP could significantly strengthen its position in the coming years.