XRP Price Prediction: Standard Chartered Forecasts $12.50 by 2028 Amid Market Volatility

Despite a broader cryptocurrency market downturn, Standard Chartered has issued an optimistic long-term price prediction for XRP, suggesting significant upside potential by 2028.

XRP Price Prediction: Standard Chartered Sees $12.50 by 2028 Despite Market Crash

The crypto market is facing a downturn with Bitcoin dipping to $75K and top altcoins like ETH, BNB, SOL, XRP, LINK, and LTC down over 15-20% in 24 hours. However, Standard Chartered has predicted that XRP could rise to $5.50 by the end of this year and even hit $12.50 by 2028, representing a more than 500% increase from its current price of around $1.94. The forecast was revealed by Bloomberg’s senior ETF analyst Eric Balchunas.

Ripple Acquires Hidden Road, Bringing Wall Street to XRPL

Ripple’s acquisition of prime brokerage company Hidden Road offers a direct gateway to institutional finance and real trade settlements. This strategic move positions XRPL as a high-volume, low-cost settlement layer for global markets. With this acquisition, Ripple’s RLUSD and XRP can integrate with established financial flows, providing real utility beyond payments. Hidden Road’s core purpose aligns with Ripple’s long-term vision of redefining global finance via blockchain, placing Ripple at the center of the conventional finance system.

XRP Correction May Be Ending, Bulls Eye $2 Breakout Zone

The price of XRP is trading close to a key accumulation zone, which could pave the way for an upward rally. Analyst Dom noted that XRP is filling a ’liquidity void’ and correcting an inefficiency in price action from late November. The asset is currently in a tight range between $1.50 and $2.00, with the $2 mark serving as a critical resistance level and key accumulation zone. A break above this level could signal a potential structure shift and the end of the current downtrend. At press time, XRP was trading at $1.80, down 3.3% over the past 24 hours, with a market cap of over $104 billion and a daily trading volume of $6.3 billion.

Ripple Announces $1.25 Billion Acquisition Of Prime Broker Hidden Road

Ripple, the global payments technology company, has announced its largest acquisition to date, acquiring Hidden Road, a global, multi-asset prime broker, for $1.25 billion. The acquisition was announced by Monica Long, President of Ripple, on 8 April 2025 at the Paris Blockchain Week. Hidden Road offers institutions clearing, prime brokerage, and financing across foreign exchange (FX), digital assets, derivatives, swaps, and fixed income. Commenting on the acquisition, Ripple CEO Brad Garlinghouse said, “We are at an inflection point for the next phase of digital asset adoption.”