Standard Chartered Forecasts XRP Surge to $12.50 Before Trump Exits Office
Finance/Markets

Standard Chartered Forecasts XRP Surge to $12.50 Before Trump Exits Office

Investment bank Standard Chartered anticipates that XRP could reach $12.50 by the end of 2028, highlighting its pivotal role in cross-border transactions.

Investment bank Standard Chartered has suggested that XRP could reach $12.50 before President Trump completes his term. The latest report states that:

  • XRP is projected to reach $5.50 by the end of this year, $8 by 2026, and $10.40 by season’s end in 2027.
  • Current trading levels show XRP up over 7% at $1.93.

The report emphasizes that XRP is strategically crucial for cross-border transactions.

“XRP is uniquely positioned at the heart of one of the fastest-growing use cases for digital assets - facilitating cross-border and cross-currency payments.”

Translation: “XRP is uniquely positioned at the core of a rapidly expanding application of digital assets - supporting international and inter-currency transactions.”

Additionally, Standard Chartered forecasts a substantial increase in stablecoin transactions, aligning with XRP’s capabilities. Ripple’s ongoing push into tokenization and its decentralized public blockchain, XRPL, further supports these expectations.

For more information, visit CoinDesk.

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