Institutional investments have greatly supported most thriving crypto projects, especially PayFi protocols like Ripple. Hence, it was no surprise when Standard Chartered’s backing was announced. Most Ripple investors, however, focus more on how this development would influence XRP price growth. Will 500% gains be possible in this second quarter?
While these discussions continue, a new PayFi sensation has announced itself with a record-breaking presale. This project, Remittix ($RTX), has rewarded early presale investors with significant price growth while amassing almost $14.5 million in presale funding. Such success and the utility Remittix offers have sparked projections from market analysts who tip Remittix to deliver a 1000x rally, similar to high-flyers like Shiba Inu.
Here, we analyze the potential for the XRP price to surge 500% and what promises its new rival, Remittix ($RTX), presents.
Standard Chartered Back XRP Price for 500% Gains
XRP price performance and recent events have been hot topics across the crypto market. This fresh wave of activity comes after global banking giant Standard Chartered predicted that XRP could smash the $5.50 price target by the end of 2025. The bank also tipped the altcoin to soar as high as $12.50 by 2028. This project is over a 500% surge from its current XRP price of around $2.11.
In a recent tweet, Bloomberg senior ETF analyst Eric Balchunas shared the price prediction, ending with a lighthearted statement, “Nature is healing.” The final words refer to the renewed confidence these big-picture predictions have brought to the XRP ecosystem.
This prediction has sparked optimism for some XRP analysts. For example, crypto analyst Moon Lambo is excited to see a major global bank backing XRP price prediction. For him, the prediction is “crazy in a good way” and echoes a sentiment the XRP community has held for over a decade.
Could XRP’s Price Performance Outperform Ethereum’s?
According to a price forecast from Geoffrey Kendrick, Standard Chartered’s Digital Asset Research Lead, XRP price looks set to rise consistently over the next few years. The prediction tips the crypto to reach $8 in 2026, $10.40 in 2027, and eventually $12.50 by 2028.
Another shocking take from the bank predicts XRP could surpass Ethereum in price performance and total market value. The statement reads:
“By the end of 2028, we see XRP’s market cap overtaking Ethereum’s. That will make XRP the second largest (non-stablecoin) digital asset at that time.”
If this prediction materialises, XRP would become the second-largest cryptocurrency after Bitcoin. This would also be a major milestone that demonstrates Standard Chartered’s confidence in the XRP price’s long-term potential.
Why Remittix Cross-Border Payments Industry Takeover Matters To XRP Investors
Remittix is rapidly catching the eye of many with its widely sought-after use cases. As a utility-driven project, Remittix is dedicated to simplifying real-world problems in cross-border payments.
For tokens like XRP, the goal appears to be institutional onboarding, while Ethereum continues to power decentralized applications. But Remittix focuses on providing real-world solutions—no more pricey, slow cross-border transactions. Remittix makes them transparent, decentralized, superfast, and cost-friendly.
Its ongoing presale is a testament to how high investors rate the project. There are convincing signs of more long-term growth after raising nearlyr $14.5 million in capital, with over 528 million tokens sold and price growth to the current price at a mere $0.0757 per token.
Here’s the project for investors ditching hype-driven altcoins for utility-based ones. Remittix presents an early-stage investment opportunity with utility appeal, strong market fundamentals, and global acceptance. Remittix has all it needs to achieve that 1000x explosive growth experts predict.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
