Standard Chartered Bank Predicts XRP Could Surge to $12.50 Post-Trump Departure

On April 8th, COINOTAG reported insights from Standard Chartered Bank concerning Ripple and its blockchain token XRP. The institution has provided a forecast that projects a potential increase in XRP’s value over the next several years. Notably, the bank anticipates that by the close of 2023, XRP could see a valuation of approximately $5.50. Looking further ahead, their analysis suggests that by 2026, XRP might reach $8, with projections indicating a possible threshold of $10.40 by 2027. By the end of 2028, their bullish outlook predicts an optimistic figure of $12.50 for XRP, contingent on market dynamics and regulatory developments. Investors should remain aware of the ongoing volatility in the cryptocurrency sector and consider these benchmarks when evaluating XRP as part of their investment strategy.