Ethereum:
Standard Chartered Bank expects the price of Ethereum (ETH) to reach $7,500 by the end of 2025 and $25,000 by 2028.
The driver behind the forecasts:
Strong institutional accumulation of ETH through treasuries and exchange-traded funds (ETFs), with 3.8% of the total supply purchased over 2.5 months.
The passing of the GENIUS Act in the United States, which enhances the clarity of stablecoin regulation, most of which is based on the Ethereum network.
Ethereum's dominant role in smart contracts and decentralized finance, along with plans to improve Layer 1 productivity.
Stablecoins account for 40% of blockchain fees, with more than half of that on Ethereum, supporting network activity and its value.
The bank sees Ethereum as a candidate to capture the largest share of blockchain value in the future.
Cryptonews
