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Standard Chartered Cuts XRP 2026 Target to $2.80, Warning of Near-Term Crypto Weakness

The downgrade reflects ETF outflows alongside tighter liquidity conditions that the bank says could pressure prices in the months ahead.

Overview

  • XRP trades in the mid‑$1 range after rebounding from a Feb. 6 low near $1.12–$1.16, yet it remains sharply lower on the month.
  • Standard Chartered also reduced end‑2026 targets for Bitcoin to $100,000, Ethereum to $4,000, and Solana to $135, signaling a broader risk reset.
  • CoinShares shows $173 million in net outflows from digital asset funds last week, while XRP products drew $33.4 million even as Bitcoin and Ethereum saw withdrawals.
  • Spot XRP ETF assets have slipped from roughly $1.6 billion in early January to just over $1 billion by mid‑February, pointing to cooled institutional demand.
  • On‑chain indicators suggest improving XRP Ledger activity, with stablecoin transfer velocity at a one‑year high and exchange balances at multi‑year lows.