Standard Chartered Bank raised its year-end target price for Ethereum to $7,500, and Q3 will break through the historical high of $4,866.
According to The Block, Standard Chartered analysts have significantly raised their year-end Ethereum price target to $7,500, a significant increase from their previous target of $4,000. They project Ethereum to reach $12,000 by the end of 2026, $18,000 by the end of 2027, and $25,000 between 2028 and 2029. Analysts point to Ethereum's significantly increased investment appeal, supported by active buying from corporate finance departments and institutional investors, demand for spot ETFs, new US stablecoin regulations, and the advancement of its technical roadmap. Standard Chartered predicts Ethereum will surpass its all-time high of $4,866 in the third quarter of 2025. Furthermore, in their latest report, Standard Chartered analysts maintain their long-term bullish outlook for Bitcoin, predicting its price will reach $200,000 by the end of 2025 and rise further to $500,000 between 2028 and 2029.