Standard Chartered Research has unveiled a bold forecast that places XRP above Ethereum in market cap within the next five years, underscoring what it describes as a multi-year price rally for the token. The projections, shared by Geoffrey Kendrick, Standard Chartered\u2019s global head of digital assets research, map out annual target levels for XRP, Bitcoin, and Ethereum through 2029. They also indicate a set of key ratios that measure the relative strength of XRP compared to its more established peers.<\/p>\n
In 2025, XRP is expected to reach $5.50, while Bitcoin is forecasted to soar to $200,000 and Ethereum to $4,000. This sets a BTC-XRP ratio\u2014essentially the number of tokens equivalent in value to one Bitcoin\u2014at roughly 39,500. Ethereum would be valued at about 727 times the price of XRP in the same year.<\/p>\n
Moving into 2026, XRP\u2019s target jumps to $8.00, an almost 45% increase, while Bitcoin is projected to climb to $300,000 and Ethereum to $5,000. The BTC-XRP and ETH-XRP ratios slightly rise and fall respectively, suggesting that while Bitcoin continues to outpace XRP in relative terms, XRP is gaining ground on Ethereum.<\/p>\n
By 2027, XRP is expected to trade at $10.40, Bitcoin at $400,000, and Ethereum at $6,000. While XRP\u2019s price nearly doubles from its 2025 level, the BTC-XRP and ETH-XRP ratios (42,000 and 577 respectively) confirm a tightening of the gap, particularly versus Ethereum, where XRP shows stronger relative performance.<\/p>\n
In 2028, XRP hits its peak in this forecast at $12.50. Bitcoin reaches $500,000<\/a> and Ethereum continues its linear ascent to $7,500. Despite the increase, XRP still lags behind in proportional gains to Bitcoin, with the BTC-XRP ratio ticking up to 43,000. However, the ETH-XRP ratio moves slightly higher to 600, signaling that Ethereum begins to regain a bit of ground against XRP.<\/p>\n Interestingly, by 2029, Kendrick is projecting a slight decline for XRP to $12.25. Meanwhile, the Standard Chartered analyst predicts Bitcoin to remain flat at $500,000, while Ethereum holds steady at $7,500. Notably, the ETH-XRP ratio increases slightly to 612, and BTC-XRP to 44,500, reflecting a modest erosion of XRP\u2019s relative strength in the final stretch.<\/p>\n Still, compared to 2025, XRP ends the forecast period stronger in relative terms against Ethereum, as shown by the ETH-XRP ratio dropping from 727 to 612.<\/p>\n Kendrick\u2019s prediction of XRP overtaking Ethereum in total market cap represents one of the report\u2019s most attention-grabbing assertions. \u201cBy the end of 2028 we see XRP\u2019s market cap overtaking Ethereum\u2019s,\u201d he said in a message<\/a> to The Block.<\/p>\n Kendrick attributes this upward trajectory to a confluence of factors, including regulatory developments, growing institutional adoption, and expanding tokenization use cases. He specifically cites Ripple CEO Brad Garlinghouse\u2019s announcement that the US Securities and Exchange Commission has dropped its appeal in the long-running case.<\/p>\n According to Kendrick, this outcome was anticipated in the aftermath of a crypto-friendly stance from Donald Trump\u2019s administration, which he says paved the way for a more favorable regulatory environment. He also expects the SEC to approve an XRP spot ETF by Q3 2025, with possible inflows of up to $8 billion in the first year of listing.<\/p>\n Kendrick argues that the token\u2019s fundamental utility in cross-border and cross-currency payments aligns with one of the most rapidly growing use cases in the digital asset space. He observes that stablecoin transaction volumes have surged by roughly 50% each year and, if that growth is mirrored by XRP, the token\u2019s price could climb steadily over the coming years.<\/p>\n In parallel, Ripple is moving deeper into tokenization efforts, including the development of tokenized US Treasury bill funds and its own USD-backed stablecoin, RLUSD, which Kendrick believes could bolster XRP\u2019s position further. \u201cXRP\u2019s blockchain, the XRP Ledger, is a payments chain and may become a tokenisation chain,\u201d he said.<\/p>\n Despite these promising signs, Kendrick acknowledges that the developer ecosystem remains relatively small compared to those of Ethereum and other major blockchains, which could present a challenge to widespread adoption. Moreover, the token\u2019s low-fee structure, while an attractive feature for payments, might limit its ability to capture additional value from network usage.<\/p>\n Notably, Kendrick recently also released an optimistic note about Avalanche\u2019s native token AVAX<\/a>, projecting it could surge to $250 by 2029. His outlook on Ethereum, however, is less enthusiastic; he recently slashed his 2025 Ether price target<\/a> by 60% to $4,000 and described ether as an \u201cidentified loser,\u201d while championing Bitcoin and AVAX as \u201cidentified winners.\u201d<\/p>\n At press time, XRP traded at $1.807.<\/p>","protected":false},"excerpt":{"rendered":" Standard Chartered Research has unveiled a bold forecast that places XRP above Ethereum in market cap within the next five years, underscoring what it describes as a multi-year price rally for the token. The projections, shared by Geoffrey Kendrick, Standard Chartered\u2019s global head of digital assets research, map out annual target levels for XRP, Bitcoin, […]<\/p>\n","protected":false},"author":0,"featured_media":57949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-57948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57948"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57948"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/57949"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}XRP Will Flip Ethereum<\/h2>\n