- Standard Chartered predicts XRP could hit $8 by 2026.
- SEC appeal withdrawal and XRP ETF could drive major growth.
- Institutional adoption and regulatory clarity fuel XRP’s bullish forecast.
Geoffrey Kendrick, the Global Head of Digital Asset Research, has given a bold prediction for XRP’s price by 2026, forecasting that the cryptocurrency could soar to $8, a potential 315% increase from its current value of around $1.90.
This optimistic outlook is driven by two key factors: the SEC’s decision to drop its appeal against Ripple and the approval of spot XRP ETFs. According to Kendrick, these events are crucial in shaping the future of XRP and could significantly boost its value in the coming years.
The regulatory landscape for XRP was uncertain for some time, but the SEC’s decision to step away from further legal challenges against Ripple has brought new clarity to the market. This resolution, coupled with the launch of more XRP ETFs, is expected to attract institutional investors, providing a strong foundation for XRP’s future price growth.
Also Read: Egrag Crypto Presents XRP Fractal Analysis Update, Here Are 2026 Price Targets if Structure Holds
Institutional Adoption and a Clearer Regulatory Environment
A Monte Carlo simulation, which analyzed 10,000 potential price paths, predicts that XRP will likely trade between $1.04 and $3.40 by 2026, with a median price of $1.88. While some analysts remain cautious, with price targets of around $3, Kendrick’s bullish forecast anticipates that XRP could reach as high as $8, depending on how the market reacts to these pivotal changes.
The launch of spot XRP ETFs is already generating significant interest, with major asset managers like Franklin Templeton launching similar products. These institutionally driven initiatives are expected to ease trading friction, much like the positive impact seen from Bitcoin ETFs. This growing institutional adoption is seen as one of the most compelling catalysts for XRP’s price surge over the next few years.
XRP’s Role in Cross-Border Payments
Ripple CEO Brad Garlinghouse has also added to the bullish sentiment, claiming that XRP could account for 14% of global SWIFT payments within five years. If this projection holds, it could provide additional momentum for XRP’s growth, further validating Kendrick’s forecast.
Despite the optimism, some analysts remain more conservative, projecting a price range between $2 and $5 for XRP by 2026. However, Standard Chartered’s Kendrick bold prediction highlights the cryptocurrency’s potential, positioning it as a major player in the digital currency market in the years to come.
As XRP continues to gain traction with institutional investors and regulatory clarity, its price could see significant growth, potentially reaching Kendrick’s $8 target by 2026. The future looks promising for XRP, especially with the potential of spot ETFs and its increasing role in the global payments space.
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