Standard Chartered Cuts 2026 XRP Price Forecast From $8 to $2.80 — Why?

Key Takeaways

• Standard Chartered has chopped its near-term crypto forecasts, slashing XRP terms the hardest.

• Bitcoin’s end-2026 forecast was chopped again to $100,000 from $150,000.

• Despite near-term cuts, semipermanent bullish targets stay intact.

Standard Chartered has lowered its terms forecasts for large cryptocurrencies, including Bitcoin, Ethereum and XRP.

The steadfast says the marketplace could look different limb down successful the months up earlier stabilizing aboriginal successful 2026.

Geoffrey Kendrick, the bank’s planetary caput of integer assets research, said successful a Thursday enactment that weaker hazard appetite and selling unit from exchange-traded funds could deepen losses crossed the industry.

Standard Chartered reduced its year-end 2026 people for XRP to $2.80, down from $8.00 previously, the enactment said.

The slope besides lowered its XRP estimation for 2027, portion keeping longer-range projections unchanged.

Standard Chartered besides lowered its end-2026 Bitcoin people to $100,000, from $150,000 successful its anterior forecast. This marks the 2nd clip it has reduced its forecast successful nether 3 months.

Kendrick said Bitcoin could descent to astir $50,000 oregon somewhat beneath earlier a recovery, describing that level arsenic a imaginable “buy zone” for longer-term investors.

Standard Chartered’s crisp simplification successful its end-2026 XRP forecast comes arsenic the token has struggled to prolong rebounds pursuing a steep pullback successful caller weeks, adjacent arsenic money travel information shows comparative resilience compared with the broader market.

According to a caller CoinShares report, digital plus concern products recorded nett outflows of $173 cardinal past week.

Bitcoin accounted for the bulk of the withdrawals with $133 cardinal successful outflows.

In contrast, XRP saw $33.4 cardinal successful inflows, making it 1 of the fewer large tokens to pull caller superior during the period.

However, sentiment remains fragile.

Victor Olanrewaju, an expert astatine CCN, said marketplace sentiment astir XRP terms has weakened since its late-2025 rally, with capitalist assurance fading connected successive terms rebounds.

He said the caller XRP terms bounce appears much accordant with a alleviation rally than the opening of a sustained recovery, informing that XRP “might struggle” to station a stronger breakout successful the adjacent term.

As good arsenic XRP’s price, Standard Chartered besides chopped its end-2026 forecast for Ethereum to $4,000 from $7,500.

The slope added that ETH could autumn toward $1,400 earlier rebounding. It besides lowered its end-2026 people for Solana to $135 from $250.