XRP Outlook Slashed: Standard Chartered Lowers Forecast From $8 To $2

The British monetary large Standard Chartered sharply decreased its value outlook for XRP, the fourth-largest cryptocurrency. The firm trimmed its end-of-2026 goal by 65% following the extreme downturn within the broader crypto market prior to now month.

The revision comes even because the altcoin posted a modest 2% rebound over the previous week, buying and selling round $1.47 per token on the time of writing. Despite that short-term restoration, the financial institution’s digital belongings group now believes the token is unlikely to succeed in a brand new all-time high this 12 months.

New XRP Price Prediction

The up to date forecast was first reported on Monday by DL News, with Geoffrey Kendrick, Standard Chartered’s world head of digital belongings analysis, outlining the adjustments in a notice to buyers. 

Kendrick, who leads the financial institution’s crypto analysis efforts, acknowledged that latest market circumstances have compelled a broad reassessment of value expectations throughout the sector.

“Recent value motion for digital belongings has been difficult, to say the least,” Kendrick wrote. “We anticipate additional declines near-term, and we decrease our forecasts throughout the asset class.”

Under the revised outlook, Standard Chartered now expects XRP to succeed in $2.80 by the tip of 2026, a considerable reduce from its earlier $8 projection. The earlier goal had been issued in December, when the financial institution took a much more optimistic stance. 

At that point, Kendrick pointed to rising regulatory readability surrounding XRP’s standing as a monetary asset, together with progress towards exchange-traded fund (ETF) merchandise, as key catalysts that would drive important value appreciation.

Broad Forecast Cuts Across Major Tokens

The $8 forecast was made roughly two and a half months after the sharp market crash on October 10, when sentiment had begun to stabilize. 

However, as February attracts to a detailed, the broader crypto market has but to mount a sustained restoration. That extended weak spot has prompted Standard Chartered to reassess not solely XRP however the wider digital asset panorama.

Bitcoin’s (BTC) anticipated value has been decreased from $150,000 to $100,000. Ethereum’s (ETH) forecast has been revised down from $7,000 to $4,000, whereas Solana’s (SOL) goal has been reduce from $250 to $135.

Featured picture from OpenArt, chart from TradingView.com