XRP Price Prediction: Wall Street’s $28 Target Hinges on Supply Shock

Standard Chartered retained a $28 long-term XRP target for 2030 even after Geoffrey Kendrick cut the bank’s 2026 forecast to $2.80 earlier this year, with XRP trading near $1.30. Its roadmap projects $7 in 2027, $12.60 in 2028 and $19.60 in 2029. By November 4, U.S. spot XRP exchange-traded funds had amassed 1.2 billion tokens, equal to 1.2% of the 100 billion maximum supply, though recent sessions included outflows. Ripple can release as much as one billion XRP monthly from escrow and reportedly holds 31.7 billion in escrow out of 36.8 billion total, creating a potential clash between fund demand and available supply.