XRP was trading near $1.30, while Standard Chartered lowered its near-term forecast for 2026 to $2.80 but maintained a $28 target for 2030. That target would require an increase of roughly 2,050% and would bring XRP’s market capitalization close to $1.8 trillion based on the current circulating supply. U.S. spot XRP ETFs held 1.2 billion XRP by November 4, representing 1.2% of the token’s fixed maximum supply of 100 billion. Ripple held 31.7 billion XRP in escrow, out of 36.8 billion XRP in total holdings, and could release up to one billion XRP per month. A sustained move toward $28 would therefore require institutional buying and adoption to outpace selling pressure over the long term.
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