Standard Chartered has lifted its year-end price target for Ethereum to $7,500 from $4,000, citing a stronger industry backdrop and new demand from corporate treasuries. Per Reuters, the bank also raised its 2028 projection to $25,000 from $7,500. Ether was trading at about $4,679 on Wednesday, levels last seen in November 2021.
The revision marks a reversal from March, when Standard Chartered cut its 2025 forecast from $10,000 to $4,000. At the time, the bank attributed the downgrade to structural headwinds, including revenue diversion to Layer-2 networks such as Coinbase’s Base, which it estimated could remove roughly $50 billion from Ethereum’s market capitalization, and a slowdown in the network’s on-chain economic activity.
Recent developments appear to have altered that assessment. Since June, corporate treasuries have accumulated a considerable amount of the Ethereum supply, with Standard Chartered estimating the figure could eventually reach 10%. The bank pointed to the emergence of Ethereum treasury companies and improved industry engagement as catalysts for the upgraded targets. This trend mirrors earlier adoption patterns in Bitcoin, where corporate balance sheet allocations influenced market perception and liquidity.
The current price environment reflects renewed momentum for Ethereum following a prolonged period below its previous all-time highs. The return to late-2021 levels has been accompanied by broader institutional activity in staking, decentralized finance participation, and infrastructure development that may reinforce demand stability.
While Standard Chartered’s revised targets are forward-looking and subject to market volatility, they frame a market narrative where long-term holders and treasury managers could play a more central role in price support.
Ethereum’s market position remains shaped by its dual role as a settlement layer and a base for Layer-2 ecosystems. The earlier concerns about fee leakage to scaling solutions have not dissipated, yet the bank’s latest projections imply that new sources of demand could offset some of these pressures.
The potential for corporate holdings to lock up a larger portion of supply intersects with staking yields and the appeal of Ethereum as a yield-bearing asset, adding dimensions to the investment thesis beyond speculative trading.
Standard Chartered’s latest forecast shift captures an evolving interaction between Ethereum’s technical landscape and its macro adoption trends. The upgrade from $4,000 to $7,500 for 2025, and from $7,500 to $25,000 for 2028, situates Ethereum in a higher valuation bracket based on assumptions of sustained corporate participation and ecosystem activity.
Whether these trends persist will depend on regulatory clarity, competitive pressures from other smart contract platforms, Ethereum’s development roadmap, and future protocol upgrades. For now, the bank’s projections reflect renewed confidence in the asset’s medium- and long-term trajectory.
Mentioned in this article
Credit: Source link