Standard Chartered Forecasts $5.50 XRP Price Surge This Year

Standard Chartered predicts a significant price increase for XRP in 2023, anticipating it could reach $5.50. The prediction stems from strong institutional adoption of XRP, driven by the increasing acceptance of Ripple’s technology and U.S. regulatory clarity on the matter. This trend is further evidenced by the launch of the first leveraged XRP ETF, which reflects growing confidence in the asset’s future.