Based on Coinpedia, Standard Chartered Bank has forecasted that XRP could rise to $8 by 2026, a 330% increase from its current price. The prediction is attributed to Geoffrey Kendrick, the bank’s global head of digital assets research, who cited regulatory clarity and growing institutional demand via spot XRP ETFs as key factors. Since their launch in November, XRP ETFs have attracted $1.15 billion in net inflows. On-chain data also show XRP exchange balances have hit a year-low, indicating a shift toward long-term storage.
Standard Chartered Predicts XRP Could Hit $8 by 2026 Amid ETF Inflows and Legal Clarity
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Summary
Standard Chartered Bank has predicted XRP could reach $8 by 2026, a 330% jump from current levels. Geoffrey Kendrick, the bank’s global head of digital assets research, pointed to regulatory clarity and rising institutional demand via spot XRP ETFs as key drivers. Since their launch in November, XRP ETFs have drawn $1.15 billion in net inflows. On-chain data show XRP exchange balances are at a yearly low, suggesting a shift toward long-term storage. The spot bitcoin ETF trend continues to influence liquidity and crypto markets.
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