British Bank Standard Chartered predicted that the current price of XRP could increase by 200 percent by the end of the year and even gained 500 percent by 2028 to 12.50 dollars.
The Crypto currency of the decentralized blocking created by Ripple Labs is the fourth largest crypto currency compared to the market value. Ripple, between 2020-2024, the Joe Biden administration faced the harsh regulatory pressure, Gary Gensler’ın US Securities and Stock Exchange Commission (SEC) during the presidency of a legal dilemma had entered. The Commission, which claimed that XRP was a securities, filed a lawsuit against Ripple Labs for the sale of unregistered securities in 2020.
However, the Ripple team is now in close relations with the newly arrived Trump administration and seeking to open a clean page with SEC’s crypto -friendly new management. While the Spot XRP’s possibility of trading in stock market investment funds (ETF) is increasing, according to Standard Chartered, the Trump administration has more ways to go with the crypto -friendly approach of the XRP.
Geoff Kendrick, Head of Standard Chartered Digital Asset Studies, claimed that XRP could reach $ 5.50 at the end of the year.
Does XRP really rise to $ 12.5?
According to the bank’s report, XRP Spot ETF is expected to be approved in the third quarter of 2025. According to the Bank, the Money Entry of up to 8 billion dollars in the first year with XRP’s Spot Stock Exchange Investment Fund product can be taken.
Crypto analyst Moon Lambo said he was excited that a large global bank, such as Standard Chartered, can now reach the XRP’s $ 12.50. According to him, the world is at the end of what XRP supporters always see.
https://twitter.com/moonlambboio/status/1909656004888769013
The XRP lost 1.7 percent in the last 24 hours and was traded for $ 1.82 as of the news spelling.
$ 1.25 billion purchased from Ripple
Ripple behind the XRP crypto currency, Ripple announced that it will buy Multi -Asset Prime Broker Hidden Road for $ 1.25 billion. This strategic move is one of the biggest steps that Ripple has taken in line with its institutional expansion targets. With the agreement, Ripple will be the only crypto company that has a global very wealthy Prime Broker.
On the other hand, Ripple plans to expand the usage of the US dollar to the US dollar. Ripple launched Rlusd last year to disrupt the market dominated by Tether and USD Coin. Rlusd will be used as a guarantee in corporate services offered by Hidden Road. This step can allow Ripple to compete more directly with large players such as USDT and USDC in the Stablecoin market.
