Standard Chartered Predicts XRP Will Overtake Ethereum by 2028
Standard Chartered Research forecasts XRP will surpass Ethereum in market cap within five years, signaling a multi-year price rally for XRP. Geoffrey Kendrick, head of digital assets research, provided annual target levels for XRP, Bitcoin, and Ethereum through 2029.
XRP, BTC, and ETH Price Predictions
- 2025: XRP expected at $5.50, Bitcoin at $200,000, Ethereum at $4,000.
- 2026: XRP target rises to $8.00, Bitcoin projected at $300,000, Ethereum at $5,000.
- 2027: XRP estimated at $10.40, Bitcoin at $400,000, Ethereum at $6,000.
- 2028: XRP peaks at $12.50, Bitcoin reaches $500,000, Ethereum at $7,500.
- 2029: XRP forecasted at $12.25, Bitcoin steady at $500,000, Ethereum remains at $7,500.
Throughout the period, XRP shows improved relative strength against Ethereum despite a slight decline by 2029. The BTC-XRP and ETH-XRP ratios indicate XRP is gaining ground on Ethereum.
XRP Will Flip Ethereum
Kendrick predicts XRP's market cap will exceed Ethereum's by the end of 2028, driven by regulatory changes, institutional adoption, and expanding tokenization use cases. He highlights Ripple CEO Brad Garlinghouse's announcement regarding the SEC's dropped appeal as pivotal.
- XRP spot ETF approval by Q3 2025 could attract up to $8 billion in inflows.
- XRP's utility in cross-border payments aligns with growing demand in digital assets.
- Ripple is developing tokenized US Treasury bill funds and its USD-backed stablecoin RLUSD.
Kendrick notes challenges include a smaller developer ecosystem compared to Ethereum and low transaction fees potentially limiting value capture.
At press time, XRP traded at $1.807.
