Standard Chartered Says XRP Hits $28 by 2030 but Ripple’s Own Stablecoin May Hav

Even after winning the SEC case, gaining a commodity classification, and seeing spot ETFs record billion dollar inflows, XRP trades near a dollar at a 52-week low, which is why its 2030 outlook is genuinely hard to call.

Standard Chartered targets $28 for XRP by 2030, but that whole forecast rests on the assumption that XRP captures the payment volume Ripple is winning.

Right now that volume is flowing into Ripple's RLUSD stablecoin rather than XRP, so the 2030 price hangs on whether the network's growth ever reaches the token.

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XRP's (CRYPTO:XRP) price action this year has been nothing short of underwhelming. The news around Ripple's network kept getting better while the XRP price kept getting worse. Regulators have reclassified XRP as a digital commodity and XRP ETFs have pulled in more than a billion dollars, but the XRP price has been steadily declining since the year started.

Today, XRP trades near a dollar, which is its weakest level since November 2024 and down more than half over the past year. With the XRP price now seemingly close to breaking below $1, is

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/crypto/articles/standard-chartered-says-xrp-hits-165601432.html)