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    Home»AI»Standard Chartered Adjusts XRP Price Forecast Amid Market Pressures
    Standard Chartered Adjusts XRP Price Forecast Amid Market Pressures – featured image
    Standard Chartered has slashed its 2026 XRP price target from $8 to $2.80, amidst ongoing market turbulence and shifting institutional trends.
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    Standard Chartered Adjusts XRP Price Forecast Amid Market Pressures

    CryptoCoinBizzBy CryptoCoinBizzFebruary 17, 2026No Comments3 Mins Read
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    XRP has made headlines as it led institutional inflows in the past week, attracting $33.4 million, while major players like Bitcoin and Ethereum suffered significant outflows. CoinShares reports that Bitcoin lost $133 million, while Ethereum saw an outflow of $85.1 million, underscoring the shifting dynamics within the cryptocurrency market.

    In a surprising move, Bank Standard Chartered has revised its price target for XRP, slashing it from $8 to $2.80 for 2026. This downgrade is attributed to increased ETF outflows and persistent macroeconomic pressures, as stated by Geoffrey Kendrick, the bank’s global head of cryptocurrency research. Kendrick has suggested that there could be further declines in major cryptocurrencies before a potential recovery occurs.

    This revision marks a staggering 65% reduction from Standard Chartered’s previous projections made just a few months ago in December 2025. Additionally, the bank has adjusted its outlook for Bitcoin from $150,000 down to $100,000, and for Ethereum, from $7,000 to $4,000.

    Despite the ongoing challenges in the broader market, digital asset investment products recorded significant outflows over the past month, totaling a staggering $3.74 billion. This trend indicates that while some investors are reallocating capital from traditional assets, they are still favoring specific altcoins, namely XRP.

    Institutional Interest Remains Strong for XRP

    In the wake of these market adjustments, XRP has continued to capture the interest of major financial institutions. Bank of America, for instance, holds a noteworthy 13,000 shares of the Volatility Shares XRP ETF. Additionally, Jane Street Group has emerged as a significant player among institutional investors, ranking high in BITWISE XRP ETF holdings.

    Goldman Sachs reported impressive crypto exposure, exceeding $2.36 billion in its fourth-quarter filing for 2025. Notably, the investment titan disclosed holdings in XRP valued at $153 million, indicating a robust institutional appetite for the asset despite market fluctuations.

    Furthermore, Grayscale’s recent reports highlight that XRP now ranks as the second most-discussed cryptocurrency among its institutional clients, trailing only Bitcoin, demonstrating sustained interest despite market volatility.

    ETF Performance and Market Perspectives

    The assets managed within XRP ETFs peaked at nearly $1.6 billion in mid-January 2026 but have since dropped to around $1 billion, indicating shifts in investor sentiment. This reduction aligns with a broader trend where U.S. crypto ETFs face challenging flows, especially for Bitcoin and Ethereum.

    Interestingly, XRP’s ETF managed to post a modest increase of $7.6 million during a recent reporting week, contrasting with significant drops in Bitcoin and Ethereum flows.

    As XRP’s price surged early in 2026 on the back of positive ETF developments and regulatory momentum, it now finds itself down 20% year-to-date. Standard Chartered has expressed concerns that ETF fatigue could be contributing to slowing institutional interest.

    Kendrick believes that while the short-term outlook may be bleak, XRP has the potential to keep pace with Ethereum as both assets could benefit from the maturation of stablecoins and the development of tokenized real-world assets.

    Looking ahead, CoinCodex projects a potential rise for XRP, forecasting the token could reach $1.62 by the end of 2026, climbing further to $5.66 by 2030 and an ambitious $13.91 by 2050. As the landscape evolves, the path of XRP remains closely tied to institutional sentiment and broader market dynamics.

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    CryptoCoinBizz

    CryptoCoinBizz is a leading cryptocurrency magazine focused on delivering insightful analysis, breaking news, and expert opinions on the dynamic world of digital currencies. Our mission is to empower readers with essential knowledge of blockchain technology and market trends. With a team of experienced journalists and industry experts, we provide valuable content for both novice and seasoned investors, fostering a community dedicated to informed decision-making in the evolving landscape of cryptocurrency.

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