Standard Chartered Forecasts Bitcoin at $225K, XRP at $10 by 2027
Geoffrey Kendrick predicts 155% Bitcoin gains and 460% XRP upside over the next two years.
Standard Chartered's global head of digital asset research doubles down on bullish crypto targets despite recent market turbulence.
What Happened
Geoffrey Kendrick, Standard Chartered's global head of digital asset research, has outlined updated price targets for Bitcoin and XRP through 2027. Despite the challenging market conditions in late 2025, Kendrick forecasts Bitcoin reaching $225,000 by 2027, representing approximately 155% upside from current levels around $88,000.
For XRP, the projections are even more aggressive. Kendrick expects XRP to climb to $10.40 by 2027, implying roughly 460% upside from its current price near $1.90. His roadmap places XRP at $5.50 by year-end 2025, $8 in 2026, and the $10.40 target by 2027.
Why It Matters
Standard Chartered represents one of the largest traditional financial institutions with dedicated crypto research coverage. Kendrick's analysis carries weight among institutional investors evaluating digital asset allocations.
The forecast comes with important caveats. Kendrick has revised his longer-term Bitcoin target from $400,000 to $225,000 for 2027, pushing the $500,000 milestone to 2030. For XRP, success hinges on ETF adoption and payment network penetration, both variables that could accelerate or stall.
What to Watch
The key catalysts include continued ETF inflows for Bitcoin and potential XRP ETF approvals. Kendrick notes that the rescission of SAB 121 should promote digital asset adoption by institutional investors. Competing technologies including stablecoins and CBDCs remain potential headwinds for XRP's cross-border payment ambitions.
Key Takeaways
These institutional forecasts provide directional guidance but carry significant uncertainty. Market conditions can shift rapidly, and investors should conduct independent research before making allocation decisions.
