Standard Chartered has cut its near-term price outlook for Ripple (XRP), citing the token's sharp downturn earlier this year, while simultaneously raising longer-dated targets that imply a far more ambitious trajectory if macro conditions improve and regulatory clarity arrives. In a recent research note, the global investment bank lowered its 2026 target for XRP to $2.80 from $8.00—an approximate 65% reduction—after XRP slid to around $1.16 in February.