XRP Poised for New All-Time High: Standard Chartered Forecasts $8.00 Valuation

XRP Poised for New All-Time High: Standard Chartered Forecasts $8.00 Valuation

A new analysis from Standard Chartered analysts about XRP has taken the confidence of investors sky high. The projection involves a 330% growth in XRP’s price by the end of this year. This would effectively take the price from the current average market value of $1.85 to $8.00 in a year. The analysis does not just involve the figures about the projection; rather, they have includes the factors that will act as a catalyst for this surge.

This means that the asset is going to mark a new ATH(All Time High) in the coming year. Earlier this week, several independent crypto analysts had pointed out that XRP will be on a bull run in 2026. However, their projections range from 660% to 1200%, which is rather optimistic according to most of the market watchers. After the team at Standard Chartered has come up with this new projection, the market is responding positively, as the analysis feels rather realistic.

Standard Chartered’s Bull Case: The $8.00 XRP Reality

Standard Chartered analyst Geoff Hendrick points out how the climax to the SEC-Ripple legal battle brings more clarity to the XRP environment. According to Hendrick, this is one of the major reasons why XRP can achieve such a high rate of growth in just one year. With the current ATH sitting at $3.84, the rally towards $8.00 is not without hurdles. However, according to Hendrick and his team, XRP’s strong fundamentals can indeed pilot the asset through this journey to the new ATH.

Increased regulatory clarity, institutional adoption for cross-border payments, and ETF issuance are three other catalysts that will boost XRP’s rally, according to Hendrick. XRP ETFs have been witnessing significant capital inflow even while the spot market was finding it hard to go past the $2.00 barrier. Even with whale wallets putting significant pressure on the spot market as they unloaded millions worth of XRP tokens, this inflow of XRP was effectively absorbed by the ETF market.

Ripple’s involvement in the global payments market through XRP rails is yet another positive aspect that will help the case of XRP achieving the new ATH of $8.00. The increased regulatory clarity surrounding Ripple has enabled it to make constructive partnerships with major nations regarding setting up payment rails through the XRP ecosystem and RLUSD.

XRP’s Upside Break and Massive Exodus from Exchanges

TARA, one of the independent crypto analysts, pointed out via an X post about how XRP is approaching a critical point on the $1.88 level.

According to her, this price level leaves XRP in a very tight range that signals an incoming breakout. For this breakout to become positive, TARA suggests that XRP should maintain the key support level of $1.87. In the case of a positive breakout, the asset can rally towards the $1.88 level, test it multiple times, and then finally conquer this major resistance point. Once this $1.88 resistance is crossed, XRP can convert it into a major support level, TARA says.

As part of the X post, TARA elaborates how the close above a $1.88 level will fuel XRP’s next rally towards the $2.30 mark.

TARA backs up her argument by analyzing the RSI (Relative Strength Index ), which is also attempting to break to the upside. The RSI breaking upside is a positive bullish indicator. This means that the price of the asset is building an upward momentum. If the RSI breaks over the 30 line, it indicates that the market is in an oversold territory, meaning that the selling pressure is nearly exhausted.

An additional indicator that strengthens the overall idea of an XRP bull run in 2026 is the exchange outflow rate. Glassnode’s data has revealed that the XRP balances on different exchanges combined have dropped to a low in seven years’ time. While the balance was around 3.76 billion XRP in October, the current value has dropped to 1.6 billion tokens. This means that traders and investors are accumulating XRP in anticipation of the bull run that may take XRP to new all-time high prices.

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