Standard Chartered has revised its XRP price target for 2026 downwards by approximately 65 percent to $2.80. The bank stated that it has also lowered its expectations for other major cryptocurrencies, not just XRP.
The report highlighted outflows from spot ETFs and the pressure that global macroeconomic conditions are putting on risky assets as key reasons for the revision. Standard Chartered analysts noted that institutional capital flows into the market have weakened, which could delay the recovery in crypto assets.
The bank stressed that, given the current outlook, downward movements may continue in the short term, and a potential recovery would only be possible if market conditions improve again. The continued net outflows, particularly from ETFs, were seen as a factor limiting liquidity in the crypto market.
Analysts also stated that expectations of tight monetary policy and weakening risk appetite increased selling pressure on crypto assets. In this context, Standard Chartered predicted that the market may first enter a period of searching for a new low, followed by a more balanced recovery.
The sharp downward revision of XRP’s target price is interpreted as a significant signal for investors, while it is noted that the market’s direction will largely depend on macroeconomic developments and institutional fund flows.
