Ripple CEO Brad Garlinghouse stated on June 26 that Ripple processes roughly $16 trillion in annual payments and clearing activity across acquired businesses, with digital assets accounting for "close to zero percent" of that volume. The figure represents combined throughput from acquisitions including Hidden Road and GTreasury. The statement highlights the gap between Ripple's institutional payment infrastructure scale and actual XRP token usage in settlement operations.
Standard Chartered Analysts Set XRP Price Targets for 2026 and 2028
Standard Chartered analysts issued an XRP price target of $8 in 2026 and $12.50 by 2028. The institutional forecast represents a 7x to 12x increase from current levels near $1. US spot XRP ETFs recorded $15.63 million in net inflows on June 26 as the price continued declining.
Ripple and Bitso Launch Stablecoin Settlement on XRP Ledger
Ripple and Bitso operate MXNB and RLUSD stablecoins on the XRP Ledger for US-Mexico dollar-peso liquidity. Bitso serves more than 10 million users and over 2,000 institutional clients. Ripple's On-Demand Liquidity processed $1.2 billion in Q1 2026, representing a 45% year-over-year increase.
Ripple Targets $1 Billion Annual Revenue by End of 2026
Ripple is targeting a $1 billion annual revenue run rate by the end of 2026. The revenue projection is built on infrastructure fees, custody, settlement, and treasury services, explicitly excluding XRP holdings. CTO emeritus David Schwartz announced plans for tokenization, interoperability, DeFi, and AI use cases ahead of Ripple Swell 2026, which is expected to draw more than 1,500 attendees.
XRP Trades Near $1.04 With Support at $1 Level
XRP is trading near $1.04 with support at the $1 level where 830 million coins changed hands. A break below $1 would open a potential move toward $0.80 according to chart analysis.
FAQ
What did Ripple CEO Brad Garlinghouse announce on June 26?
Brad Garlinghouse stated on June 26 that Ripple processes roughly $16 trillion in annual payments and clearing activity across acquired businesses, with digital assets accounting for "close to zero percent" of that volume.
What is Standard Chartered's XRP price target?
Standard Chartered analysts set an XRP price target of $8 in 2026 and $12.50 by 2028.
How much did Ripple's On-Demand Liquidity process in Q1 2026?
Ripple's On-Demand Liquidity processed $1.2 billion in Q1 2026, up 45% year over year.