Standard Chartered Raises Ethereum Price Forecast to $7,500 by Year-End: Is It Realistic?
The post Standard Chartered Raises Ethereum Price Forecast to $7,500 by Year-End: Is It Realistic? appeared on BitcoinEthereumNews.com. Multinational bank Standard Chartered’s Geoff Kendrick has raised its year-end Ethereum price forecast from $4,000 to $7,500, citing Wall Street adoption, recent pro-stablecoin US legislation and improved fundamentals. With ETH at $4,400 at press time, the forecast implies a further 70% upside. Moreover, Kendrick predicts that Ethereum will reach $12,000 in 2026, $18,000 in 2027, and $25,000 between 2028 and 2029, backing it as one of the best large-cap crypto and financial investments today. Standard Chartered’s ETH price prediction confirms BitMine Chairman Tom Lee’s call of Ethereum being the biggest macro trade of this decade. In fact, Lee believes that the bank’s price targets might be too low. ETH reaching $7,500 by year-end 2025 and $25,000 by 2028 would validate ETH is arguably one of the biggest macro trades over the next decade
The post Standard Chartered Raises Ethereum Price Forecast to $7,500 by Year-End: Is It Realistic? appeared on BitcoinEthereumNews.com.
Multinational bank Standard Chartered’s Geoff Kendrick has raised its year-end Ethereum price forecast from $4,000 to $7,500, citing Wall Street adoption, recent pro-stablecoin US legislation and improved fundamentals. With ETH at $4,400 at press time, the forecast implies a further 70% upside. Moreover, Kendrick predicts that Ethereum will reach $12,000 in 2026, $18,000 in 2027, and $25,000 between 2028 and 2029, backing it as one of the best large-cap crypto and financial investments today. Standard Chartered’s ETH price prediction confirms BitMine Chairman Tom Lee’s call of Ethereum being the biggest macro trade of this decade. In fact, Lee believes that the bank’s price targets might be too low. ETH reaching $7,500 by year-end 2025 and $25,000 by 2028 would validate ETH is arguably one of the biggest macro trades over the next decade
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