News View Non-AMP

XRP Could Surpass Ethereum by 2028, Says Standard Chartered

Published by
Debashree Patra and Sohrab Khawas

Ripple’s XRP could soon become the second-largest cryptocurrency by market cap, overtaking Ethereum (ETH), according to a bold new prediction from a top banking analyst. The news coincides with the NYSE‘s recent approval of a new leveraged XRP ETF, marking rising mainstream interest in the cryptocurrency.

XRP to Challenge ETH by 2028

Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank, believes XRP is on track to surpass Ethereum in market value within the next three years. Speaking to News.Az, Kendrick said XRP’s rising real-world use, strong financial position, and growing institutional interest set it apart as a top contender in the crypto market. 

Currently, XRP is valued at $130.9 billion with a price of $2.22, while Ethereum holds a market cap of $329.5 billion. For Kendrick’s prediction to come true, XRP would need to climb to around $5.60, a goal that might seem ambitious but not impossible, especially considering the token has already surged 360% in the past year.

Kendrick’s Says It’s Possible…

Kendrick’s believes its possible as his view is based on XRP’s increasing utility, particularly in the global payments sector. Ripple, the company behind XRP, has been pushing into the cross-border transaction market and aims to capture 14% of SWIFT’s market share within five years. CEO Brad Garlinghouse recently shared this ambitious vision, highlighting XRP’s potential to become a backbone for international money transfers.

Ripple’s legal clarity, following its partial win against the U.S. SEC, has also boosted confidence among institutional players. The company’s latest move, a $700 million share buyback at a hefty 135% premium, underscores investor trust and shows Ripple’s commitment to long-term growth. The company currently holds $3.7 billion in cash, no debt, and 41 billion XRP tokens, valued at approximately $91 billion.

Kendrick encouraged investors to stay focused on long-term gains despite market ups and downs. He said the tariff issues will pass and Bitcoin’s steady performance suggests a bigger rally could be ahead.

Institutional Interest Could Be a Game-Changer

One of the key drivers of XRP’s potential rise lies in its appeal to institutions. As traditional finance continues to explore blockchain adoption, Ripple’s established infrastructure and regulatory progress give it an edge. Kendrick suggests that over time, institutional interest in XRP may even outpace Ethereum’s, especially if Ethereum struggles with scaling and high gas fees. 

At the time of writing, XRP was trading at $2.16. In the past 24 hours, XRP recorded a trading volume of $2.71 billion, reflecting strong market activity and continued investor interest. To meet Kendrick’s prediction of overtaking Ethereum by 2028, it would need to rise about 2.5 times. While ambitious, this isn’t out of reach, XRP has already gained over 360% in the past year.

FAQs

What factors could accelerate XRP surpassing Ethereum in market cap?

Faster regulatory clarity for XRP, broader institutional adoption, successful XRP ETF launches, and Ripple’s continued expansion in global payments could accelerate its growth.

How might the SEC’s approval of an XRP ETF influence its future value?

SEC approval of an XRP ETF would bring significant institutional capital, increase liquidity, enhance price stability, and provide regulatory clarity, potentially boosting its value.

What are Ripple’s main strategies to increase institutional interest in XRP?

Ripple focuses on increasing XRP’s utility in cross-border payments, securing regulatory clarity, developing the XRP Ledger (XRPL), and forming partnerships with financial institutions.

Debashree Patra and Sohrab Khawas

Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

Recent Posts

“You Don’t Own Enough Bitcoin”: Davinci Warns Investors as Big Players Stack BTC

Bitcoin predictions are heating up, with early adopter Jeremie Davinci adding fuel to the fire. …

August 2, 2025

New Ethereum Token Rockets 500% As DeFi Rotations Accelerate Ahead of August Breakout

The crypto market has seen a major shakeup in the past week, and Ethereum news…

August 2, 2025

Coinpedia Digest: This Week’s Crypto News Highlights | 2nd Aug, 2025

What a week - New rules. Big releases. And a few surprises no one saw…

August 2, 2025

Whales Dump XRP and SOL—What It Means for Price Action in the Second Half of 2025

Whales have recently intensified their offloading of XRP and Solana, coinciding with mounting pressure from…

August 2, 2025

Simon’s Cat Price Prediction 2025, 2026-2030: Will CAT Price Skyrocket?

Story Highlights The Simon’s Cat price today is . The CAT price could hit a…

August 2, 2025

Tether Issued $6 Billion in USDT Tokens in July 2025

Tether, the world’s biggest stablecoin issuer, minted $6 billion worth of USDT in July 2025,…

August 2, 2025