Headquartered in London, the UK multinational bank is a standard charter flight and is a firm believer of XRP.

Standard Chartered Bank is optimistic about XRP's future and predicts that its price will rise sharply. Geoff Kendrick, head of global digital assets research at the bank, recently expressed his opinion and expressed optimism about the future trend of XRP.

Kendrick predicts in the report that XRP will rise by 500% by 2028 and may surpass Ethereum to become the second largest cryptocurrency in market capitalization. He believes that XRP's strong technical performance is a key factor in its price increase.

Kendrick predicts that XRP may reach $5.50 by the end of this year, meaning current holders will receive a 223% increase in eight months. He even boldly predicts that by 2028, the XRP price may reach $12.50.

Additionally, Kendrick predicts that the Securities and Exchange Commission (SEC) will approve the XRP ETF in the third quarter of 2025. This will attract a large number of traditional investors into the XRP market, which is expected to bring in $4 billion to $8 billion inflows.

Kendrick believes that Ripple will further expand its influence in the financial field after getting rid of the SEC lawsuit and actively develop its tokenized business, such as launching projects such as the U.S. Treasury Department's bond funds and stablecoin RLUSD. These initiatives will enhance XRP Ledger (XRPL)’s competitiveness in the rapidly growing tokenized market. He believes XRPL may even compete with Stellar.

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