On 25 October 2026 XRP traded at about $1.29 (CoinGecko). That is about 65% below its record of $3.65. No published forecast is reliable enough to give one price target. The best-known bank forecast, from Standard Chartered, was cut in February 2026 from $8 to $2.80 for the end of 2026. Meeting it would require XRP's price to more than double in about two months. Shorter-range analysis is far more cautious: on 22 October, 24/7 Wall St put XRP's end-of-October range at $1.255 to $1.41. The forces that matter most right now are slowing demand for spot XRP ETFs and the direction of Bitcoin.
The latest: ETF demand stalls in October
US spot XRP ETFs had a weekly net outflow during 12–16 October 2026, ending 13 consecutive weeks of net inflows. Holders withdrew about $1.84 million, according to Analytics Insight (21 October), which cites SoSoValue data. On the Friday of that week, Canary Capital's XRPC had about $2.47 million in withdrawals.
24/7 Wall St reported these daily flows:
- 16 October: a $2.5 million outflow
- 19 and 20 October: zero net flows
- 21 October: about $708,500 of inflows
That compares with $20 million on 22 September and $22.6 million on 25 September. As of 22 October, the same report put the funds' total net assets at $1.57 billion and their cumulative net inflows since launch at $1.80 billion. Analytics Insight gave total net assets as about $1.47 billion. The figures differ because the two reports used different dates.
The first US spot XRP ETF of this kind, Canary's XRPC, began trading on 13 November 2025.
XRP's price in 2026 so far
| Date | XRP price | Source |
|---|---|---|
| Start of 2026 | about $1.84 | 24/7 Wall St |
| January 2026 monthly close | $1.65 | 24/7 Wall St |
| June 2026 monthly close | $1.04 (low since February) | 24/7 Wall St |
| September 2026 monthly close | $1.49 | 24/7 Wall St |
| 2 October 2026 (October high) | $1.56 | 24/7 Wall St |
| 18 October 2026 (October low) | $1.255 | 24/7 Wall St |
| 25 October 2026 | about $1.29 | CoinGecko |
By 22 October, XRP was down about 27.7% for 2026 and 10.7% for October. It was trading below its 20-day average ($1.39) and its 50-day average ($1.41). The same report put Bitcoin at $81,794 on 22 October, down 3.8% for the year.
On 25 October, CoinGecko listed:
- Market capitalisation: about $81.9 billion
- Circulating supply: 63.35 billion XRP
- Total supply: 99.986 billion XRP
The record high
CoinGecko lists XRP's all-time high as $3.65. Press coverage dates that peak to 18 July 2025.
What the published forecasts say
Standard Chartered: $2.80 for the end of 2026
Geoffrey Kendrick, global head of digital assets research at Standard Chartered, cut the bank's end-2026 XRP target from $8 to $2.80. DL News first reported the change in February 2026, and NewsBTC repeated it. Kendrick wrote: "We expect further declines near-term, and we lower our forecasts across the asset class."
From $1.29, reaching $2.80 by 31 December would require a gain of about 117%.
Short-range analysis: $1.255 to $1.41 for October
On 22 October, 24/7 Wall St expected XRP to end October between $1.255 and $1.41. The range was the author's own judgement, based on:
- moving-average resistance
- ETF flow trends
- Bitcoin's direction
The article did not use a quantitative model. Its stated conditions were:
- A return to the $1.49 October open would probably need daily ETF inflows above $20 million.
- A break of the September low at $1.246 would point to further downside.
Algorithmic forecast tables
Many sites publish forecast tables for each year to 2030. Most come from automated models that extend past price patterns. They change whenever the price moves, and they cannot account for events such as court rulings or ETF launches. Their minimum, average and maximum figures rest on no stated method.
What market cap would your XRP price target need?
Enter a price per XRP and a supply figure to see the market capitalisation that price implies, then compare it with about $81.9 billion on 25 October 2026.
| Price per XRP you want to test | XRP supply to multiply by | Implied market capitalisation |
|---|---|---|
| 2.8 USD | 63.35 billion XRP | 177.4 billion USD |
| 10 USD | 63.35 billion XRP | 633.5 billion USD |
| 3.65 USD | 99.986 billion XRP | 364.9 billion USD |
| 100 USD | 63.35 billion XRP | 6,335 billion USD |
- The price you enter is your own test value; no forecast in the article is reliable enough to give one price target.
- Circulating supply grows as Ripple releases XRP from escrow, so the same price later would imply a higher market cap than shown here.
- Compare the result with CoinGecko's market cap of about $81.9 billion on 25 October 2026 to see how much bigger XRP would have to get.
This is multiplication on your inputs only: it does not say whether any price is likely, and it leaves out demand, ETF flows, Bitcoin's direction and the timing of escrow releases.
What $10 or $100 per XRP would imply
The arithmetic uses CoinGecko's supply figures from 25 October 2026:
| Price per XRP | Market cap at 63.35B circulating | Market cap at ~100B total supply |
|---|---|---|
| $2.80 | about $177 billion | about $280 billion |
| $3.65 (record) | about $231 billion | about $365 billion |
| $10 | about $634 billion | about $1 trillion |
| $100 | about $6.3 trillion | about $10 trillion |
The calculation is approximate. Circulating supply increases as Ripple releases XRP from escrow, so the same price would mean a higher market capitalisation later.
Facts behind the forecasts
The SEC case is closed
On 13 July 2023, Judge Analisa Torres of the US District Court for the Southern District of New York ruled on summary judgment in SEC v. Ripple Labs:
- Ripple's programmatic sales of XRP on trading venues were not investment contracts.
- Its direct sales to institutions were unregistered offers and sales of investment contracts under Section 5 of the Securities Act.
- XRP as a token is not in itself an investment contract.
On 7 August 2025, the SEC said in Litigation Release No. 26369 that both sides had filed a joint stipulation of dismissal. This ended the SEC's appeal and Ripple's cross-appeal in the Second Circuit. The final judgment remains in effect. It includes a civil penalty of $125,035,150 and an injunction prohibiting Ripple from violating the registration provisions of the Securities Act of 1933.
Supply and escrow
When the XRP Ledger was created, 100 billion XRP existed, and 80 billion went to Ripple in 2012. On 8 December 2017, Ripple placed 55 billion XRP into 55 escrow contracts of 1 billion XRP each. One contract expires on the first day of each month. Ripple said it would return XRP it does not use by the end of each month to the back of the escrow rotation. Because of this, the escrow does not end on a fixed date. The monthly releases are the main source of new circulating supply.
Network costs
The XRP Ledger's minimum cost for a standard transaction is 10 drops (0.00001 XRP). This cost is destroyed rather than paid to anyone, and it rises when the network is busy.
What happens next
Ripple's Swell 2026 conference runs from 27 to 29 October 2026 at The Shed in New York City, according to Ripple's event site. Ripple has used past Swell events for product and partnership announcements. Whether any announcements this year affect the price cannot be known in advance.
Time left until 29 October 2026 · start of day UTC
How to read any XRP forecast
- Check the date. Many forecasts still circulating were published when XRP was above $2. Standard Chartered's own target fell by 65% in a single revision.
- Check the method. A named analyst with stated reasons is different from a table produced automatically by a model.
- Check the arithmetic. Multiply the target by the circulating supply and compare the result with today's market capitalisation.
- Watch the inputs that move the price now. These are daily flows into spot XRP ETFs, the direction of Bitcoin, and the monthly escrow releases.
Price forecasts are opinions, not predictions you can rely on, and nothing here is investment advice.
