Unconfirmed reports suggest Standard Chartered has revised its 2026 price target for XRP down from $8 to $2.80. The bank has not issued any official public statement confirming the change. XRP is currently trading near $1.48, with a market capitalization exceeding $90 billion amid broader market volatility.
Unconfirmed industry reports claim Standard Chartered has cut its 2026 price target for XRP from $8 to $2.80. The bank has not issued any official public confirmation of this revised forecast.
The reported adjustment was cited in research noting current market pressure affecting digital assets. This speculation has been shared on social media but remains unverified by the institution itself.
Price targets from financial institutions are based on internal models and sector trends. Without direct confirmation, the $2.80 figure is based on secondary sources.
XRP is currently trading at $1.48, according to data from CoinMarketCap. The token’s market capitalization exceeds $90 billion with a 24-hour trading volume around $3.7 billion.
The asset’s price action has been influenced by cryptocurrency market volatility and regulatory developments. Market pressure aligns with recent volatility across major digital assets.
Financial institutions typically communicate major forecast revisions through official channels. Market participants are awaiting formal clarification from Standard Chartered.
