Standard Chartered Cuts XRP 2026 Price Target From $8 to $2.80 Amid Market Weakness

Standard Chartered has sharply lowered its XRP price forecast, reducing its end-of-2026 target from $8 to $2.80 after last month's broad crypto market downturn. The token, the fourth-largest cryptocurrency, recently rebounded about 2% over the week and was trading near $1.47, but the bank's digital assets team no longer expects a new all-time high this year. The bank also trimmed its price projections for Bitcoin, Ethereum and Solana as part of a wider reassessment of major digital assets.