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1️⃣ Standard Chartered Slashes XRP Price Target
Previous Forecast: $8 by end of 2026New Forecast: $2.80Cut: 65% reductionReason: Ongoing crypto market selloff and weak price actionStatement by Geoffrey Kendrick (Global Head of Digital Assets Research)Bank expects further short-term declines across digital assets

2️⃣ Crypto Market Selloff Impact

Worst crypto rout in nearly 4 yearsBitcoin
Fell 28% in one monthDropped to $60,000 before rebound
XRP
Dropped to $1.16 (15-month low)Trading 59% below July all-time highStill down ~28% over the past month

3️⃣ XRP’s Strong Start in 2026
XRP rallied 25% in first week of 2026Boosted by:
XRP ETF inflowsPositive regulatory momentum
January 5: XRP ETFs hit $1.6 billion (record high)By Feb 13: Dropped to just above $1 billion (40% decline)

4️⃣ Forecast Cuts for Other Major Cryptos
Standard Chartered also revised targets:
Bitcoin:
From $150,000 → $100,000
Ethereum:
From $7,000 → $4,000
Solana:
From $250 → $135
Bank expects XRP and Ethereum to benefit long-term from:
Stablecoin expansionTokenised real-world assets (RWAs)

5️⃣ Clarity Act – Major Future Catalyst
Clarity Act currently moving through US SenateSeen as key driver for long-term XRP recoveryUS Treasury Secretary Scott Bessent: Bill could support crypto reboundRipple CLO Stuart Alderoty:
Productive White House sessionStrong bipartisan momentumUrges fast action
However:
Bill faced delays due to disagreements between banking and crypto leaders

📌 Final Summary
Standard Chartered drastically cut XRP forecast by 65%Crypto market facing heavy short-term pressureXRP still down significantly from highsETF inflows weakeningLong-term potential depends heavily on:Regulatory clarityStablecoin growthInstitutional adoption
See $XRP market below.. 👇

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