21Shares, a crypto exchange-traded product issuer, forecasts $XRP trading around $2.45 by the end of 2026 under its base case scenario. The projection cites regulatory clarity and sustained investor demand as key factors reshaping the asset’s valuation framework.
The forecast follows the August 2025 resolution of $XRP’s long-running SEC case, which removed a major overhang and reopened access for US-based institutions, regulated funds, and payment providers.
After the settlement, $XRP surged to an all-time high near $3.66 before consolidating above the former $2 resistance level.
21Shares highlighted strong demand from US $XRP spot ETFs as a key support. The funds attracted more than $1.3 billion in assets during their first month and recorded a record streak of consecutive inflows, signaling structural rather than speculative demand.
The firm also pointed to growing adoption of the $XRP Ledger for stablecoins, tokenized assets, and decentralized finance as a longer-term catalyst. RLUSD, $XRP’s native stablecoin, has expanded rapidly, while total value locked on the ledger has grown sharply from a low base.
Under its scenario analysis, 21Shares outlined a bull case of $2.69 tied to accelerating institutional adoption and supply constraints, and a bear case of $1.60 if demand weakens or adoption stalls.
With legal uncertainty resolved, 21Shares said $XRP has entered a phase of market-driven price discovery, making continued adoption and capital inflows critical to sustaining higher valuations.
cryptobriefing.com