Standard Chartered slashes 2026 XRP price target by 65% to $2.80

Global investment bank Standard Chartered has lowered its price forecast for XRP by 65%, DL News reported. In a new investor report, the bank revised its target for the end of 2026 down to $2.80 from a previous prediction of $8. SC analyst Geoffrey Kendrick explained that the bank is lowering its forecasts across the cryptocurrency space due to expectations of further short-term declines.