--- title: "1 Top Cryptocurrency to Buy Before It Soars 471%, According to Wall Street Analyst Geoff Kendrick" description: "Wall Street analyst Geoff Kendrick from Standard Chartered predicts that XRP could soar 471% over the next few years, reaching $12.50 by 2028. His bullish outlook is based on several factors, includin" type: "news" locale: "en" url: "https://longbridge.com/en/news/247379566.md" published_at: "2025-07-05T16:44:50.000Z" --- # 1 Top Cryptocurrency to Buy Before It Soars 471%, According to Wall Street Analyst Geoff Kendrick > Wall Street analyst Geoff Kendrick from Standard Chartered predicts that XRP could soar 471% over the next few years, reaching $12.50 by 2028. His bullish outlook is based on several factors, including the resolution of Ripple's SEC lawsuit, increased transaction volume, partnerships with financial institutions, and potential approval of XRP exchange-traded funds (ETFs) in the U.S. Despite the positive sentiment, Kendrick advises caution due to the inherent volatility of cryptocurrencies and recommends smaller, speculative investments in XRP. There aren't too many Wall Street analysts publishing price predictions on cryptocurrencies. That's because digital currencies are much more difficult to value than traditional stocks. They don't generate cash flow or earnings, nor do they return capital to shareholders; therefore, the traditional valuation methods used by Wall Street analysts don't apply. One strategist who frequently issues crypto price predictions is Geoff Kendrick, the global head of digital asset research at the British bank **Standard Chartered**. Kendrick is a Wall Street veteran, with 20 years covering global currencies prior to the crypto beat. He has been bullish on **Bitcoin**, the world's largest cryptocurrency, but also on other cryptocurrencies, one of which he thinks could soar 471% over the next few years. ## Strong payments potential **XRP** (XRP 0.47%) has long been one of the largest cryptocurrencies in the world, and was actually one of the earliest, created in 2012. Investors have been excited about its cross-border payments potential. XRP's network was among the first that could process many transactions per second, although several competitors have popped up since then. Kendrick's call on XRP, which he made earlier this year, involved three big factors. The first was on the regulatory side and has to do with the Securities and Exchange Commission (SEC). In 2020, the SEC sued Ripple, the company behind XRP; one of its co-founders, and its current CEO Brad Garlinghouse, alleging the three parties sold XRP as an unregistered security in 2013. The legal battle carried on for four years, with Ripple seemingly winning the case at times, but the SEC appealing parts of the court decision it disagreed with. The lawsuit attracted unwanted attention for XRP because it could have set a precedent over how much jurisdiction the SEC had over certain cryptocurrencies. So, most crypto investors were watching it, which may have created negative sentiment for XRP. Image source: Getty Images. But once President Donald Trump won the election last November and ushered in a pro-crypto administration, leadership at the SEC changed, and the agency eventually dropped or settled several high-profile crypto cases, including with Ripple. That led the price of XRP to surge and cleared the way for other catalysts like spot-XRP exchange-traded funds (ETFs). Kendrick now believes the technical strengths of XRP's network and its uses can take hold. He thinks that its ability to facilitate quick, low-cost international transfers gives it a similar proposition to stablecoins. Ripple has actually launched its own stablecoin. The analyst also noted that XRP has experienced a 50% increase in annual transaction volume. He thinks that Ripple partnering with large traditional financial institutions gives XRP a leg up on competition when it comes to adoption. Lastly, Kendrick sees catalysts from Ripple's move into asset tokenization, the process of using digital assets on a blockchain to represent ownership of physical property or other digital assets. Tokenization is seen as being useful for the ownership of U.S. Treasury bills and stablecoins. While there are spot XRP ETFs abroad, none currently exist in the U.S. That could soon change, however, with the SEC still expected to approve exchange-traded funds for XRP by the end of the year. Kendrick estimates this could unlock another $4 billion to $8 billion of inflows and "legitimize XRP for institutional and retail investors." ## XRP to $12.50? He ultimately sees all of the catalysts mentioned above driving XRP to $5.50 this year and $12.50 by 2028, which represents about 470% upside from current levels. That would require a near doubling from current levels for XRP to reach Kendrick's 2025 target. Of course, investors should always take crypto price targets with a grain of salt. Kendrick is undoubtedly very intelligent, but as I mentioned above, cryptocurrencies are more volatile than traditional assets, and it's more difficult to value them. That said, Ripple has been dogged by the SEC lawsuit for years and can now make more progress in building out its business, which could lead to further adoption of XRP, although investors should keep in mind that there is more competition than there once was. Ultimately, I find XRP and its network's uses intriguing, so I certainly wouldn't be surprised to see it take off, especially if interest rates fall and the dollar continues to weaken. But I still find it too volatile to take a large position in it, and I continue to recommend investors keep positions smaller and more speculative for now. ### Related Stocks - [02888.HK - STANCHART](https://longbridge.com/en/quote/02888.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 渣打集团 (2888.HK)：高位震荡延续，金融板块吸金，全球宏观风险需警惕 | 2 月 3 日，渣打集团全天维持高位震荡，港银板块轻度放量，资金关注上升。英国央行维持利率不变后，全球宽松周期预期升温，金融股热度回升。盘中主力大单多次流入，推动股价稳步运行于短线高位。 技术层面维持强势，分时盘面偶现高位回吐，日内交易活跃 | [Link](https://longbridge.com/en/news/274631077.md) | | 渣打银行（OTCMKTS:SCBFF）的空头头寸显著增长 | 标准 Chartered PLC (OTCMKTS:SCBFF) 的空头头寸显著增加，截止到 1 月 30 日上升了 21.1%，达到 210,583 股。当前的空头比例为 19.2 天，基于平均每日交易量 10,992 股。分析师的观点不 | [Link](https://longbridge.com/en/news/276119010.md) | | SK 海力士高盛电话会：所有客户需求都无法满足，今年存储价格持续上涨 | SK 海力士在高盛电话会上释放强烈信号：存储行业已全面进入卖方市场。受 AI 真实需求驱动及洁净室空间受限影响，今年存储价格将持续上涨。公司透露目前 DRAM 及 NAND 库存仅剩约 4 周，且没有任何客户能完全满足需求。随着 2026 | [Link](https://longbridge.com/en/news/276505903.md) | | 传言成真？英伟达对 OpenAI 的 “1000 亿美元投资” 最终 “打了三折” | 据报道，英伟达正接近敲定对 OpenAI 最高 300 亿美元的股权投资，取代此前官宣的 1000 亿美元合作框架。原有协议因条款分歧与内部疑虑未能落地，黄仁勋亦曾强调其不具约束力。此次新融资轮规模或超 1000 亿美元，OpenAI 估值 | [Link](https://longbridge.com/en/news/276507066.md) | | 特朗普暗示违法征收的关税不退了，美财长称今年关税收入将 “基本保持不变” | 美国总统特朗普暗示不会退还被最高法院裁定违法的关税，预计 2026 年关税收入将保持不变。特朗普计划签署行政令，对全球商品加征 10% 进口关税，取代被推翻的关税。财长贝森特表示，政府将利用替代法律权力维持关税收入，强调国家安全和财政收入不 | [Link](https://longbridge.com/en/news/276494362.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.