A Wall Street analyst said

• Geoffrey Kendrick of the Standard Chartered Region expects XRP to surpass Ethereum’s second largest cryptocurrency by 2028.

• David Puell of ARK Invest believes that Bitcoin can reach $710,000 as more institutional investors and companies buy cryptocurrencies.

• Anyone who is uncomfortable with volatility should avoid cryptocurrencies and investors should never anchor Wall Street’s price targets.

• Our 10 Better Stocks than XRP›

XRP (Encryption: XRP) and Bitcoin (Encryption: BTC) In the past three years, it has increased by 565% and 410% respectively. But some Wall Street analysts expect cryptocurrencies to climb or even higher in the next few years:

• Geoffrey Kendrick Standard charter Say XRP will top Ethereum By 2028. At current prices, XRP must climb 140% to $5.10 to surpass Ethereum’s market value of $300.2 billion.

• David Puell of ARK Invest expects Bitcoin to reach $710,000 in 2030. This means an increase of about 580% from the current $104,000 price.

This is what investors know about XRP and Bitcoin.

XRP’s investment paper focuses on its ability to promote fast and cheap cross-border transactions. It is a local digital asset on XRP Ledger, a blockchain created by Fintech Company Ripple to destroy Swift (Global Interbank Financial Telecommunications Association) that system banks are often used to send money internationally.

XRP trading settles at a few seconds, which costs one hundred, but quick trading may not settle for a few days and often incur greater fees. However, few financial institutions use XRP as a bridge currency to promote cross-border payments. I suspect that things will change in the future because cryptocurrency prices fluctuate. Why send money as XRP when prices may drop in a short period of time?

But fast and cheap transactions mean XRP Ledger is also ideal for tokenized assets, with the market reaching $19 trillion in 2030. Token assets are real assets represented on the blockchain as digital tokens. For example, Guggenheim Thearery Service recently issued digital commercial paper using XRP Ledger, a fixed income security.

The larger adoption of XRP Ledger increases the demand for local cryptocurrency XRP, which may make the token more valuable over time. However, I saw a bigger catalyst in the pending approval of the XRP ETF in several locations. Bitcoin has received 125% since the approval of the live Bitcoin ETF in 2024, while XRP can see a similar price appreciation.

Bitcoin’s investment paper centers on its position as digital gold. Investors see cryptocurrencies as hedging inflation and the depreciation of fiat currencies such as the US dollar. In fact, the U.S. dollar index has fallen 10% so far, but Bitcoin has risen 13%. This trend is likely to continue in the coming years because unlike fiat currencies, Bitcoin supply is limited.