$ETH
Ether Price Target Lifted to $7.5K at Year-End and $25K in 2028 at Standard Chartered
Analyst Geoff Kendrick cited surging institutional demand, favorable regulation and network upgrades.
By Will Canny, AI Boost
|
Edited By Stephen Alpher
about 2 hours ago
(Unsplash)(Unsplash)
What to Know
Standard Chartered's Geoff Kendrick lifted his ether (ETH) target to $7,500 by end-2025 and $25,000 by 2028, citing stronger fundamentals.
Ether treasury firms and spot ETFs have acquired 3.8% of supply since June, double bitcoin’s fastest institutional buying pace, the report noted.
The bank said passage of the GENIUS Act could supercharge stablecoin adoption — over half of all stablecoins run on Ethereum.
Ether (ETH) has been on a big run of late, but it's just getting started, according to Standard Chartered's Geoff Kendrick.
Citing surging institutional demand, favorable regulation, and network upgrades, Kendrick lifted his year-end price target for ETH to $7,500 from $4,000 and his end-2028 target to $25,000 from $7,500. Up more than 50% over the past month, ether is currently trading hands just beneath its record high at $4,700.
Alongside, he expects continued outperformance over bitcoin (BTC), forecasting the ETH/BTC ratio to rose to 0.05 from the current 0.039.
Ether Price Target Lifted to $7.5K at Year-End and $25K in 2028 at Standard Chartered
Analyst Geoff Kendrick cited surging institutional demand, favorable regulation and network upgrades.
By Will Canny, AI Boost
|
Edited By Stephen Alpher
about 2 hours ago
(Unsplash)(Unsplash)
What to Know
Standard Chartered's Geoff Kendrick lifted his ether (ETH) target to $7,500 by end-2025 and $25,000 by 2028, citing stronger fundamentals.
Ether treasury firms and spot ETFs have acquired 3.8% of supply since June, double bitcoin’s fastest institutional buying pace, the report noted.
The bank said passage of the GENIUS Act could supercharge stablecoin adoption — over half of all stablecoins run on Ethereum.
Ether (ETH) has been on a big run of late, but it's just getting started, according to Standard Chartered's Geoff Kendrick.
Citing surging institutional demand, favorable regulation, and network upgrades, Kendrick lifted his year-end price target for ETH to $7,500 from $4,000 and his end-2028 target to $25,000 from $7,500. Up more than 50% over the past month, ether is currently trading hands just beneath its record high at $4,700.
Alongside, he expects continued outperformance over bitcoin (BTC), forecasting the ETH/BTC ratio to rose to 0.05 from the current 0.039.