Standard Chartered Bank has raised its price estimate for Ethereum ETH at the end of 2025 to $7,500. The bank’s analysts published a statement on Wednesday. Standard Chartered Bank explains the increase in price from its original forecast of $4,000 by citing an improvement in engagement in the industry and a rise in Ether holdings in recent months. It hit $4k in the first week of this month, and it is now advancing towards its new high.
Ethereum has experienced its own growth independent from Bitcoin during the past months. ETH’s rise may have been boosted by ETF inflows. ETH ETFs recently saw more than $1 billion in inflowsSince their US debut, ETH’s rally has been the strongest. If ETF inflows are continuing to flow, ETH may continue to see a rally.
The volume of Ethereum’s network has also increased since the Genius Act was passed. “We project that the stablecoin sector will grow by around 8x by end-2028, which would have a significant direct impact on fees on the Ethereum network,” Geoff Kendrick is Standard Chartered’s Head of Digital Assets Research. Kendrick believes that Ethereum treasury firms could increase their token holdings to up to 10% of the total ether.
Also Read: Ethereum Now Bigger Than Netflix as ETH Nears New High
Ether’s price has increased by over 50% during the last four weeks. Ethereum holders appreciate the ability of Ethereum to earn rewards through staking, which Bitcoin doesn’t support. With the current stablecoin boom, the majority of stablecoins will be issued and traded on the Ethereum blockchain. This is driving demand for ether as a way to pay transaction fees. These factors have contributed to the price of the second largest cryptocurrency in terms of market capital soaring in the past two months.
Standard Chartered increased their 2028 Ethereum end-of-year price prediction from $7,500 to $25,000. Analysts are revising forecasts and predicting further gains in the near future. If ETH rises at this rate it might reach a record-breaking high in 24 hours. According to CoinCodex analystsETH is expected to continue its upward trend over the coming weeks. The platform predicts the asset trading at $5,558.17 by Aug. 28. To reach $5,558.17 at current prices will require a nearly 19% increase.
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Source: watcher.guru
