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Ripple's valuation hits $50B, fueling XRP optimism as Standard Chartered keeps $28 price target.

Market News
02 Aug 2026
Coinpaper
View Source
Bullish
pluang ai news

Ripple's private market valuation has surged to $50 billion, a 400% increase since 2019, boosted by a $750 million share buyback. Despite ongoing legal challenges with the U.S. SEC, Ripple has expanded globally with new licenses, a stablecoin launch, and strategic acquisitions. Standard Chartered reaffirmed its long-term XRP price target of $28, signaling strong institutional confidence. This optimism is supported by rising institutional transactions, growing corporate treasury adoption, and significant ETF inflows, suggesting robust future demand for XRP amid evolving digital asset markets.

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