Standard Chartered cut its 2026 price target for XRP to $2.80 and lowered forecasts for other major tokens, citing ETF outflows and macro headwinds. The bank made the revisions as Bitcoin hovered near $68,000–$69,000, spurring investor sell-offs (Ed. note: the XRP target was reduced by about 65%).
The firm moved XRP to $2.80 from $8.00, Bitcoin to $100,000 from $150,000, ETH to $4,000 from $7,000, and Solana to $135 from $250. The update was highlighted in a tweet and in a separate tweet, and the bank’s comments were stated in media coverage.
Geoffrey Kendrick, the bank’s digital asset lead, warned of further downside across the market, saying “Recent price action for digital assets has been challenging, to say the least. We expect further declines near-term, and we lower our forecasts across the asset class.”
Technical models cited by analysts show deeper short-term weakness for XRP. According to CoinCodex, “XRP is forecasted to hit $ 1.62 by the end of 2026 (+8.89% compared to current rates), $ 5.66 by 2030 (+280.56%), $ 8.52 by 2040 (+472.81%), and $ 13.91 by 2050 (+835.66%).”
