Loud The Block expects the large British investment bank Standard Chartered that XRPthe token of Ripple will increase significantly in the coming years. In a report, the bank predicts that XRP will exceed the $ 12.50 mark at the end of 2028. With a current price of about $ 2, this corresponds to an increase of more than 500 percent.
Institutional adoption for XRP
According to Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, XRP will benefit from increasing institutional adoption. In addition, XRP will be increasingly used for international payments and tokenization.
An important prerequisite for explosive growth is the approval of an XRP spot ETF. He expects this approval in the third quarter of this year. In the first year after approval, Kendrick expects tributaries between $ 4 and $ 8 billion into the ETF.
XRP as an important actor in payment transactions and tokenization
A segment in which Kendrick has had considerable growth in the coming years is international payments. He mentions that transactions with stablecoins increase by about 50 percent annually and expects this to become tenfold over the next four years. Ripple markets XRP as the Solution for quick and inexpensive international payments, and according to Kendrick, this is exactly the right place.
In addition, Kendrick notes that the XRP Ledger (XRPL) will benefit significantly from the expansion of Ripple’s activities. He aims at the tokenization. Ripple develops tokenized funds based on American government bonds and has introduced its own stablecoin named Rlusd.
Regulation and politics: tailwind
In addition to international payment transactions and tokenization, changes in American politics play a major role. The American Supervisory Authority recently withdrawn its calling against Ripple in the XRP case. According to Kendrick, this is partially due to the re -election of the crypto -friendly President Donald Trump. This setting ensures tailwind for the further growth of XRP.
Challenges for the XRP course
Although Kendrick is very positive about XRP, challenges are also mentioned. The two challenges he mentions are the developers and the low cost model. The challenge among the developers is that XRP has relatively few developers. According to data from TOKEN Terminal XRP is in 21st place of all Layer 1 networks.
There is also the low cost model. This is interesting for users because it makes payments quickly and cheaply. But on the other hand, it generates few income, which lacks economic incentives for developers and validators.