1 Top Cryptocurrency to Buy Before It Soars 450%, According to Standard Chartered

  • June 1, 2025
  • Category:
1 Top Cryptocurrency to Buy Before It Soars 450%, According to Standard Chartered

Key Points

Ripple's XRP (CRYPTO: XRP) has had a momentous six months, soaring almost 350% since November. What's more, Standard Chartered thinks it can go even higher. Analyst Geoffrey Kendrick predicts that Ripple will reach $12.50 by the end of 2028 -- that's about a 450% upside from today's price.

In the near term, Kendrick thinks XRP can reach $5.50 (more than double the current price of about $2.19) before the end of this year. He cites three major catalysts for growth:

Read on to learn more about why so many investors are bullish on XRP -- as well as a note of caution.

Here's why XRP could soar

One of the biggest reasons to be optimistic about XRP is that it's already operational, with uses in financial transactions and money transfers, especially internationally. Cryptocurrency investors can quickly become accustomed to high levels of uncertainty, as many projects don't have a lot of real-world utility. Even Bitcoin , the grandaddy of crypto, has several potential use cases, but it isn't yet clear how it might come into its own.

That makes Ripple Labs and XRP a rare patch of (relatively) solid ground. Ripple already has partnerships with a number of banks and institutions, though not all of them use XRP. It says there are more than 1,500 projects, including stablecoins, on its XRP Ledger, a business-focused blockchain. As Kendrick points out, that could be a key driver for growth, especially as stablecoin transaction volumes increase.

The U.S. is closer than it's ever been to passing clear legislation that would give a regulatory framework for the burgeoning stablecoin industry. Citigroup 's recently published Digital Dollars report projected that the stablecoin market could grow from $230 billion to between $500 billion and $3.7 trillion by 2030.

Not only does Ripple offer a low-cost and easy way to move money, particularly abroad, but it also helps companies and financial institutions that want to integrate blockchain technology into their businesses. That might be through tokenized assets, custodial solutions, or payment support. For example, this month, the Dubai Land Department launched a tokenized real estate project on an ​​XRP Ledger-based platform called Prypco Mint.

OK