Standard Chartered has projected a significant increase in the price of XRP, predicting it will reach $8 by 2026. This forecast represents a 330% rise from its current price of $1.86. Jeffrey Kendrick, the bank's head of digital assets, attributes this optimistic outlook to the U.S. Securities and Exchange Commission (SEC) dropping its appeal against Ripple and the successful launch of XRP ETFs, which have attracted $1.14 billion in inflows. The prediction comes amid ongoing discussions about Bitcoin's future price movements, highlighting the dynamic nature of the cryptocurrency market.
Standard Chartered Forecasts XRP Price to Reach $8 by 2026
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