BlockBeats News, February 16th – After a brutal sell-off in the cryptocurrency market in February, a Standard Chartered Bank analyst revised its outlook, significantly lowering the bank’s year-end price target for XRP by 65%. The bank previously predicted that XRP would rise to $8 by the end of 2026. However, in a report to investors on Thursday, this forecast was revised down to $2.8.
Standard Chartered Bank not only lowered its prediction for XRP.
The bank also lowered Bitcoin’s year-end price target from $150,000 to $100,000, Ethereum from $7,000 to $4,000, and Solana from $250 to $135.
