XRP could double in value over the next three years due in large part to the likely approval of spot XRP ETFs.
XRP ( XRP -4.80% ) has a market value of $193 billion, making it the third most valuable cryptocurrency. The token trades at $3.25 as of Aug. 13. But Geoffrey Kendrick at Standard Chartered anticipates substantial upside in the years ahead due to the recent conclusion of Ripple's legal battle with the Securities and Exchange Commission (SEC) and the likely approval of spot XRP ETFs, as detailed below:
XRP will reach $8 by 2026, implying 146% upside from its current price.
XRP will reach $10.40 by 2027, implying 220% upside from its current price.
XRP will reach $12.50 by 2028, implying 285% upside from its current price.
My outlook is more conservative. Morningstar