Standard Chartered Models XRP at $8 by 2026—Breaking Down the 315% Upside Case

Another key assumption is that regulatory clouds will clear globally. The SEC's lawsuit against Ripple Labs dominated XRP's narrative for years. In August 2025, the SEC withdrew its appeal, leaving Ripple to pay a 125millionsettlementwiththecourtaffirmingthatXRPsalesonsecondarymarketsarenotsecuritiestransactions.Forcomparison,XRPscurrentcirculatingsupplyisabout57billioncoins.Evenafewbilliondollarsofnewbuyingwouldbeameaningfulsupplyshock.If125 million settlement with the court affirming that XRP sales on secondary markets are not securities transactions.For comparison, XRP's current circulating supply is about 57 billion coins. Even a few billion dollars of new buying would be a meaningful supply shock. If 5-10 billion flows into ...