XRP Price Prediction: Standard Chartered Forecasts $5 Target by 2025 Amid Regulatory Clarity
Ripple’s deepening commitment to tokenization and improved regulatory clarity under the Trump administration are expected to drive institutional interest in XRP. Standard Chartered’s Geoffrey Kendrick predicts a multi-year rally for the cryptocurrency, with ambitious price targets through 2028.
XRP Price Prediction: Standard Chartered Sees $5 Target by 2025
Ripple is deepening its commitment to tokenization as regulatory clarity improves under the Trump administration. This is expected to drive renewed institutional interest in XRP. According to Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, XRP is poised for a multi-year rally, with the bank forecasting annual price targets of $5.00 in 2025, $18 in 2026, $10.40 in 2027, and $12.50 by 2028. Kendrick explained that XRP functions similarly to stablecoins by enabling fast, low-cost transactions, especially for cross-border payments.
XRP Price Holds Above $2 as Open Interest Surges
The market is bouncing back after Trump paused plans to raise tariffs, and recent inflation data (CPI and PPI) showed signs of slowing down. Because of this, altcoins are holding strong, and XRP is looking to make a big move past the $2 mark. With several indicators showing growth, buyers seem to be in control and are pushing to send XRP’s price even higher. According to data from Coinglass, XRP saw $5.21 million in liquidations over the past 24 hours, out of which $1.59 million came from long positions being closed.
Will XRP Price Hold $2.0 Support Or Face A 40% Drop To $1.20
XRP price is trading NEAR the $2.0 support level. Analysts are closely monitoring whether it can sustain this level or face potential price devaluation. Failure to maintain this position may lead to a significant price drop. The price briefly recovered above $2.0 in the past 24 hours after bouncing back from $1.9. However, trading volumes have decreased substantially by 49% to $4.21 billion, indicating weak market sentiment and a lack of institutional and retail trader participation, which could hinder price uptrends.
Ripple and SEC Jointly Suspend Crypto Litigation
The crypto sector is holding its breath as Ripple and the SEC have officially requested the suspension of their appeal proceedings after more than four years of legal conflict. This strategic pause may signal the end of a trial that has become emblematic for the regulation of digital assets. Launched in December 2020, the legal battle between Ripple and the SEC seems close to its conclusion. In a joint request filed on April 10, both parties ask the court for the suspension of all appeal proceedings, including those concerning Ripple’s leaders Brad Garlinghouse and Chris Larsen. This decision is expected to replace all short-term judicial deadlines.
