As Donald Trump’s new tariffs shake global markets, the crypto space is bleeding—with Bitcoin plunging to the $75K level and altcoins nosediving up to 20% in 24 hours. Yet in the middle of the chaos, XRP is once again stealing the spotlight, riding a wave of fresh optimism thanks to a bold new price forecast from Standard Chartered.
Altcoin Bloodbath: ETH, BNB, SOL, LINK, LTC All Drop 15–20%
The market is in full retreat. Ethereum (ETH) has broken below its critical $1,450 support, now down over 70% from its all-time high. Binance Coin (BNB), Solana (SOL), Chainlink (LINK), and Litecoin (LTC) have all followed suit, plunging 15–20% in a single day. This aggressive sell-off is being attributed to renewed macroeconomic fears triggered by Trump’s global tariff policy, which came into effect on April 9.
Crypto traders are scrambling to reassess risk as geopolitical tension and regulatory uncertainty compound market volatility. Many altcoins are now trading at multi-month lows, with bearish momentum gaining speed.
XRP Stands Tall with Mega Price Target
Despite the carnage, XRP is making waves—and not just for its resilience. A bold prediction from Standard Chartered suggests XRP could reach $5.50 by the end of 2025, with an even more ambitious long-term target of $12.50 by 2028. That’s more than a 500% upside from its current price hovering near $1.94.
The forecast gained traction after Bloomberg’s senior ETF analyst Eric Balchunas shared it publicly, joking, “Nature is healing,” in reference to the return of high-conviction price calls in the crypto world.
Why Standard Chartered Is Bullish on XRP:
- Institutional Inflows Expected: As Ripple continues to win legal clarity in major markets, analysts expect significant institutional investment.
- Cross-Border Payments: XRP remains a leading token for international settlements, a sector gaining renewed interest amid rising global transaction costs.
- ETF Buzz: With Ethereum ETF decisions looming, speculation is growing that Ripple’s native token could follow suit—especially if the SEC softens its stance.
The Bigger Picture
XRP’s bullish forecast may seem out of place in the current market mood, but it reflects a growing divide: fundamentally driven assets vs. speculative hype. While most altcoins are getting dragged by macro trends, XRP’s utility in real-world finance continues to generate serious interest from institutions and analysts alike.
