Standard Chartered Bullish on Ethereum: Price Forecasts Soar

The price projection for Ethereum has been greatly increased by Standard Chartered in the midst of a bull run. The banking behemoth predicts that by the end of 2025, the second-largest cryptocurrency by market capitalisation will have increased from its initial estimate of $4,000 to $7,500. By 2028, the bank also anticipates that ETH may reach $25,000. Ethereum’s optimistic forecasts are in line with rising assurance about the network’s uptake, decentralised finance uses, and general market usefulness. These updated goals are mostly driven by institutional interest, layer-2 scaling solutions, and the ongoing growth of smart contracts, according to analysts. The optimistic forecast suggests that Ethereum may continue to be a key component of the cryptocurrency ecosystem in the years to come.