British banking heavyweight Standard Chartered has sharply reduced its outlook for XRP, cutting its 2026 price target by roughly 65% to $2.80. The revision marks a dramatic shift from its earlier projection of $8.00 and signals growing caution across the digital asset market. The bank now warns investors to brace for “further declines” in the near term, citing a combination of ETF outflows and persistent macroeconomic headwinds. The downgrade follows February’s steep market selloff, which wiped billions from crypto valuations and triggered renewed volatility across major tokens. In its latest commentary, Standard Chartered underscores that the crypto sector remains highly
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