British funding financial institution Standard Chartered lowered its year-end XRP worth goal to $2.80 from $8, a 65% lower following February’s cryptocurrency market selloff.
The financial institution expects extra near-term worth declines throughout digital property.
Geoffrey Kendrick, Standard Chartered’s world head of digital property analysis, lowered forecasts for Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and different main cryptocurrencies.
The revisions comply with what analysts described because the sector’s worst downturn in practically 4 years.
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Market Situations Drive Downgrades
XRP fell to $1.16 final month, its weakest stage since November 2024, earlier than recovering partially. The token trades roughly 59% under its July 2025 all-time excessive of round $3.40.
Standard Chartered’s broader cryptocurrency forecast cuts embody bitcoin lowered to $100,000 from $150,000, ether to $4,000 from $7,000, and solana to $135 from $250.
Kendrick warned that bitcoin might test $50,000 earlier than recovering later this yr.
Belongings in XRP exchange-traded funds dropped from $1.6 billion on January 5 to roughly $1 billion by mid-February, based on SoSoValue knowledge. That 40% decline displays broader investor warning following the market downturn.
ETF Flows Sign Weak point
The reversal follows a robust begin to 2026 for XRP, which rallied 25% within the yr’s first week. Early momentum got here from ETF inflows and regulatory readability following Ripple’s August 2025 settlement with the U.S. Securities and Alternate Fee.
Kendrick famous that XRP ought to keep tempo with ethereum given each property’ publicity to stablecoin growth and tokenized real-world property. Nonetheless, present market circumstances overshadow these longer-term themes.
The Readability Act, pending cryptocurrency laws within the U.S. Senate, represents a possible catalyst for XRP restoration. Progress on the invoice stalled final month after disagreements between banking executives and cryptocurrency trade leaders.
Ripple’s chief authorized officer Stuart Alderoty stated February 10 that bipartisan help for cryptocurrency market construction laws stays intact. Whether or not that interprets into worth help is dependent upon each legislative outcomes and broader market sentiment stabilizing.
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