Wall Street analysts are predicting a significant rise in XRP's price, potentially reaching $8 by 2026, marking a 315% increase. Geoffrey Kendrick from Standard Chartered highlights the SEC's decision to drop its appeal against Ripple and the potential approval of a spot XRP ETF as pivotal factors driving this forecast. A Monte Carlo model indicates a 60% probability of XRP trading between $1.04 and $3.40 by 2026, with a median price of $1.88. While some analysts remain cautious, suggesting a $3 target, the prospect of an ETF is expected to enhance institutional interest.
Wall Street Analysts Forecast XRP Could Hit $8 by 2026
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