The post Standard Chartered Slashes XRP 2026 Forecast by 65% appeared first on Coinpedia Fintech News
Standard Chartered has cut its XRP year‑end 2026 price forecast from $8 to $2.80, a sharp 65% reduction, citing sustained weakness across the crypto market and waning institutional flows. The bank’s digital assets team noted that XRP’s price recently dipped to multi‑month lows amid broader sell‑offs in major tokens. Persistent ETF outflows, macroeconomic pressure, and risk‑off sentiment across digital assets have forced the reassessment. This downgrade aligns with similar cuts to Bitcoin and Ethereum forecasts, reflecting deep market challenges.