Key Points
- Standard Chartered raised its year-end price target for Ether from $4,000 to $7,500.
- The bank cited increased industry engagement and corporate buying as key reasons.
- Ether’s price has already jumped over 50% in the last four weeks. A new U.S. law for stablecoins is expected to boost demand for Ether significantly.
- Standard Chartered also raised its 2028 price target for Ether to a stunning $25,000.
Banking giant Standard Chartered has nearly doubled its year-end price target for Ethereum’s Ether, raising it from $4,000 to a bullish $7,500. The bank cited growing industry engagement and a recent surge in companies adding Ether to their treasuries as key reasons for the optimistic forecast.
The new target suggests that Ether could jump nearly 60% from its current price of around $4,700, which is already a multi-year high.
Unlike Bitcoin, which is seen more as a store of value, Ether has become the token of choice for investors seeking more active returns. Ether holders can “stake” their tokens, locking them up to help support the Ethereum network in exchange for rewards. This makes it a more dynamic and productive asset.
Ether’s price has soared over 50% in the last four weeks alone. A big driver of this rally was the recent passage of the “Genius Act” in the U.S.. This new law creates the first-ever regulatory framework for stablecoins.
Since most stablecoins are built on the Ethereum network, the new law is expected to increase demand for Ether to pay for transaction fees significantly.
Looking further ahead, Standard Chartered is even more bullish. The bank raised its 2028 year-end forecast for Ether to an incredible $25,000, up from its previous target of $7,500.
They believe that as traditional finance moves more high-value transactions onto the Ethereum blockchain, the demand for Ether will continue to explode.
