Standard Chartered Predicts 500% Surge in XRP by 2028

Standard Chartered has officially begun covering XRP, predicting that the cryptocurrency will play a significant role in global payments and tokenization, driving its sharp rise. In a report released on Tuesday, the bank’s global head of digital asset research, Geoffrey Kendrick, predicted that XRP could surge by approximately 500%, reaching $12.50 by the end of 2028. This prediction is based on the expectation that XRP’s market capitalization will surpass Ethereum in the same time frame, making XRP the second-largest non-stablecoin digital asset by that time.

According to Kendrick, the surge in XRP's value is expected to be driven by its increasing adoption in global payments and tokenization. This growth is anticipated to make XRP a highly profitable investment, with the potential for significant returns. The bank's prediction highlights the growing importance of XRP in the cryptocurrency market and its potential to challenge other major digital assets.

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