Overview
- Geoffrey Kendrick of Standard Chartered issued a new projection that XRP could hit $8 by 2026, a more than 300% rise from current levels.
- His rationale centers on reduced regulatory uncertainty after Ripple’s SEC case wound down and the availability of U.S. spot XRP ETFs for institutional access.
- U.S. spot XRP ETFs have accumulated about $1.15 billion in net inflows and roughly $1.24 billion in assets under management as of December 29, according to reporting.
- XRP traded around $1.86 at the time of the reports, down over 15% in the past month and modestly lower year-to-date, reflecting a hesitant market tone.
- Analysts and AI models voiced doubts: a CCN analyst flagged weak charts, ChatGPT said a 300%+ rerating would require clear adoption evidence, and Grok argued ETFs provide access rather than guaranteed demand.