Standard Chartered Raises Ethereum Price Target to $7,500, Predicts $25,000 by 2028
Standard Chartered has recently raised its year-end price target for Ethereum to $7,500, up from its previous forecast of $4,000. This revision comes as a result of a stronger industry backdrop and new demand from corporate treasuries. The bank also adjusted its 2028 projection to $25,000, up from the previous estimate of $7,500. Ether is currently trading at around $4,679, reaching levels last seen in November 2021.
This change in forecast marks a significant shift from earlier this year when Standard Chartered reduced its 2025 projection from $10,000 to $4,000. At that time, the bank cited structural challenges such as revenue diversion to Layer-2 networks like Coinbase’s Base and a slowdown in on-chain economic activity on the Ethereum network.
However, recent developments have led to a more positive outlook. Corporate treasuries have been accumulating a significant amount of Ethereum supply since June, with Standard Chartered estimating that this figure could potentially reach 10%. The emergence of Ethereum treasury companies and increased industry engagement have been identified as key drivers behind the upgraded price targets. This trend mirrors the adoption patterns seen in Bitcoin, where corporate balance sheet allocations have influenced market perception and liquidity.
The current price surge for Ethereum reflects a renewed momentum following a period of stagnation below its previous all-time highs. Institutional activity in staking, decentralized finance participation, and infrastructure development have all contributed to this resurgence, potentially strengthening demand stability.
While Standard Chartered’s revised forecasts are forward-looking and subject to market volatility, they highlight a narrative where long-term holders and treasury managers could have a significant impact on price support.
Ethereum’s market position as both a settlement layer and a base for Layer-2 ecosystems continues to shape its trajectory. Concerns about fee leakage to scaling solutions persist, but the bank’s updated projections suggest that new sources of demand could help mitigate these pressures.
The potential for corporate holdings to lock up a larger portion of supply, coupled with staking yields and the attractiveness of Ethereum as a yield-bearing asset, adds depth to the investment thesis beyond speculative trading.
Standard Chartered’s latest forecast adjustment reflects the evolving dynamics between Ethereum’s technical landscape and its macro adoption trends. The increased price targets for 2025 and 2028 position Ethereum in a higher valuation category, assuming sustained corporate involvement and ecosystem growth.
The future trajectory of Ethereum will depend on factors such as regulatory clarity, competition from other smart contract platforms, the development roadmap of Ethereum, and upcoming protocol upgrades. For now, Standard Chartered’s projections reflect a renewed confidence in Ethereum’s medium- and long-term prospects.