Home / Business and Economy / Standard Chartered's Bold XRP Forecast: $8 Target
Standard Chartered's Bold XRP Forecast: $8 Target
1 Jan
Summary
- Standard Chartered forecasts XRP price at $8 by 2026.
- XRP ETFs attract over $1 billion in US inflows.
- SEC lawsuit ruling provided regulatory clarity for XRP.
Standard Chartered has projected an XRP price of $8 by 2026, reflecting a substantial +330% increase from recent trading levels. This forecast is strongly tied to the enhanced regulatory clarity following Ripple's legal victory against the SEC and the significant demand for new XRP Exchange Traded Funds (ETFs) in the United States. These ETFs have already seen substantial investor interest, attracting approximately $1.14 billion by late December.
The SEC's lawsuit against Ripple, which alleged XRP sales were illegal securities offerings, saw a crucial court ruling in 2023. This ruling clarified that XRP sales on exchanges to retail investors did not constitute securities transactions, significantly reducing uncertainty for secondary market trading. The SEC's decision to end its appeal efforts in 2025 further paved the way for the launch of U.S. spot XRP ETFs.
While Standard Chartered's long-term outlook is optimistic, the current market presents a mixed picture. Despite record ETF inflows, technical indicators like the MACD show bearish divergence. This suggests that the market may experience a short-term correction to purge less committed investors before the ambitious $8 price target becomes attainable, indicating that bold forecasts should be treated with caution.
