Geoffrey Kendrick, Standard Chartered Analyst, Predicts XRP Price to $12.50 by 2028

Key Takeaways

Regulatory clarity, institutional adoption, SEC lawsuit resolution, and XRP ETFs approval could build momentum for price.

Strong institutional demand with over 300 financial institutions willing to explore the use of RLUSD for global payment.

Expert forecasts suggest significant upside potential as Standard Chartered analyst projects XRP reaching $12.50 by 2028.

XRP Price Preview

Current Marketcap	$118.1B
24HR Volume	$4B
Market Price	$1.94
Market Sentiment	Neutral
Market Prediction	$12

The cryptocurrency market in the last few months has been trading sideways leading to many altcoins and Bitcoin crashing to key yearly low of $80k as speculations suggested the price of Bitcoin breaking below this region that has served as key area of interest for buyers could further see altcoins including the likes of Solana, Ethereum, and XRP crashed by over 30% following huge market loss.

Following a short-term price rebound across the crypto market, XRP has seen a 2% price gain but still falls short of the overall market price action, trading at a yearly loss of 40% from its all-time highs of $3.4, where speculations suggested the price could be heading to $10.

While the price of the Ripple token has failed to reach potential all-time highs, reports suggest the price action for the most talked-about altcoin in 2025 remains on track for institutional adoption and a potential target of $12.5 in 2028.

Standard Chartered analyst Geoffrey Kendrick says XRP’s price could increase 500% over the next three years, reaching a region of $12.5, which has sparked strong bullish sentiment for the crypto asset. Here is all you need to know about why his theory could be true.

The Bullish Theories Behind XRP’s Potential to $50

The year 2025 was one of the best years for XRP following its strong breakout from its low of $0.3 that was hampered by US SEC lawsuit crippling the crypto asset with real-world use case and potential to become adopted by traditional finance around the world for settlement of services as its provides all the infrastructures, cheap, and above all regarded highly for its low gas fees.

The convergences of institutional partnerships over the last few months looking to explore Ripple’s infrastructure, improved regulatory clarity, a clear pathway for US SEC lawsuit resolution, global payment opportunities for users, and a rally of 300% in 2024 to 2025 has given many investors and traders some reasons to believe the price of XRP has not scratched the roof and has more potential.

Experts in the financial space, such as Standard Chartered Bank’s Geoffrey Kendrick, believe XRP could reach $12.50 by 2028, suggesting a 500% gain. Ripple’s plan to tap into 14% of SWIFT’s global transaction volume backs this growth outlook. The company aims to process about $21 trillion through RippleNet each year by 2030, which is all the reason for such strong convictions

Another strong reason for predicting the Ripple token’s price is its use case and its differentiation from other crypto tokens.

XRP Ledger, RLUSD, and Potential to Unlock Retailers and Institutional Investors

Ripple token, a digital asset, came to life in 2012, built on XRP Ledger, an open-source platform for permissionless and decentralised blockchain payment, with the goal set to make payment of services faster, cheaper, and friendlier for all users, both retailers and institutions, allowing cross-border payment without the need for third parties such as traditional banks.

Cross-border payment in the past has become a bottleneck due to delays such as holidays, transaction periods taking 2-5 working days, excessive fees, and the routing process sometimes becoming complicated, leaving many people and businesses shying away from making use of traditional finance; however, Ripple’s blockchain technology eliminates the challenges in cross-border payment.

Recently, the Ripple team launched its own XRP stablecoin ecosystem (RLUSD), enabling cross-border payments, and traditional finance facilities are available to explore using RLUSD to facilitate cross-border payments with ease.

Ripple’s partnership with SWIFT, a payment system that facilitates $150 trillion in annual transactions, could help boost its adoption, as Ripple’s CEO Brad Garlinghouse says XRP could handle 14% of that volume within a few years, implying the blockchain could move over $20 trillion annually. The subsequent demand for XRP would significantly boost its price, but I find that prediction implausible.

Nevertheless, Geoffrey Kendrick of Standard Chartered sees greater adoption in the future as a likely catalyst for the XRP price to reach $12.5.

Partnerships with Mastercard, SWIFT, and the Institutional Adoption Act as Catalyst

XRP has won the hearts of many institutional capital in 2026 following how its team weathered tough challenges its faces in the last few years as a result of SEC lawsuit opening opportunities for the likes of SWIFT, Mastercard, and other traditional fintechs willing to explore the use of Ripple infrastructure for cross-border payment allowing users, retailers, and institutional investors to make seamless payment within seconds highlighting its use case over Bitcoin and Ethereum.

The numbers tell an impressive story: over 300 institutions now use XRP for real-time transactions, from testing to implementation, creating a strong economy for the blockchain space and the XRP ecosystem.

Other reasons for such speculation that haven’t gone unnoticed are:

Regulatory clarity in the crypto space and resolution of the long-standing US SEC lawsuit

XRP ETFs’ approval across institutions is allowing for more adoption

Price action of the crypto token in the last few months has outperformed many altcoins

XRP Price Outlook in the Coming Months

Screenshot 2026 01 22 at 14.04.04 — *XRP Price Action from CoinMarketCap*

XRP has demonstrated bearish price action in the last few months, as the crypto asset crashed from a region of $3.4 to a low of $1.5, and the price remains in a range ahead of the 2026 market price action.

This has led to varying market price action and predictions from crypto experts, as the price of XRP must break above the $2.5 region to $3 for a strong bullish trend to resume in the coming months.

However, speculation remains high of XRP ahead of 2028, with predictions suggesting a $8 to $12 target.

FAQs

What is Ripple stablecoin called?

Ripple’s stablecoin, RLUSD, is built on the XRP Ledger and allows businesses and institutions to carry out cross-border payments due to its low gas fees, fast transactions, and no intermediaries.