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Standard Chartered slashes XRP price target by 65% as whales send millions of tokens to Binance✅✅👈
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XRP is sliding even as the XRP Ledger (XRPL) rolls out features that supporters have long framed as a bridge to institutional adoption.
According to CryptoSlate's data, the token has been trading around $1.47, while a mix of fresh supply signals, cooling marginal demand, and broader risk-off behavior continues to pressure the price.
At the same time, banking giant Standard Chartered reportedly cut its end-2026 XRP target by 65% to $2.80 from $8.00 as part of broader reductions to major crypto forecasts.
The disconnect is familiar in crypto, as blockchain networks can deliver meaningful upgrades, activity can rise, and prices can still fall if the market is focused on near-term liquidity.
That is what XRP holders are confronting now. On one side are infrastructure changes such as Permissioned Domains and Token Escrow, tools designed to make a public ledger more usable for regulated participants.
On the other hand, there are indicators that often matter more in the short run, including large holders moving coins to exchanges, exchange-traded fund flows becoming uneven, and derivatives positioning suggesting that traders are leaning defensive.
The result is a market that treats XRP less as a single-asset technology story and more as a high-beta trade that responds quickly to shifts in supply and demand.
Whales are back on Binance, and the market reads it as supply
One of the clearest near-term signals is coming from on-chain flows into Binance.
CryptoQuant’s Whale Transfer Flow to Binance, tracked as a 30-day moving average, has risen to approximately 82.1 million $XRP . This is the highest reading since last December and shows a re-acceleration after a quieter stretch #XRP
$FOGO #FOGO $XRP
{spot}(XRPUSDT)
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XRP is sliding even as the XRP Ledger (XRPL) rolls out features that supporters have long framed as a bridge to institutional adoption.
According to CryptoSlate's data, the token has been trading around $1.47, while a mix of fresh supply signals, cooling marginal demand, and broader risk-off behavior continues to pressure the price.
At the same time, banking giant Standard Chartered reportedly cut its end-2026 XRP target by 65% to $2.80 from $8.00 as part of broader reductions to major crypto forecasts.
The disconnect is familiar in crypto, as blockchain networks can deliver meaningful upgrades, activity can rise, and prices can still fall if the market is focused on near-term liquidity.
That is what XRP holders are confronting now. On one side are infrastructure changes such as Permissioned Domains and Token Escrow, tools designed to make a public ledger more usable for regulated participants.
On the other hand, there are indicators that often matter more in the short run, including large holders moving coins to exchanges, exchange-traded fund flows becoming uneven, and derivatives positioning suggesting that traders are leaning defensive.
The result is a market that treats XRP less as a single-asset technology story and more as a high-beta trade that responds quickly to shifts in supply and demand.
Whales are back on Binance, and the market reads it as supply
One of the clearest near-term signals is coming from on-chain flows into Binance.
CryptoQuant’s Whale Transfer Flow to Binance, tracked as a 30-day moving average, has risen to approximately 82.1 million $XRP . This is the highest reading since last December and shows a re-acceleration after a quieter stretch #XRP
$FOGO #FOGO $XRP
{spot}(XRPUSDT)
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