📈🚀 Standard Chartered Bank expects Ethereum to reach $25,000 by 2028 🚀📈
Standard Chartered Bank has significantly raised its price forecast for Ethereum, setting a target of $7,500 by the end of 2025 instead of $4,000, and $25,000 by the end of 2028.
🔹 Reasons for the new forecasts:
Plans by major companies to accumulate a massive reserve of ETH worth $30.4 billion (compared to $7.59 billion currently).
The Bitmine project tops the list with a $22 billion purchase plan (about 5% of the total supply).
Growth in Ethereum's role in tokenization, settling payments through stablecoins, and layer two solutions.
Expected improvements in staking liquidity and institutional custody solutions.
💹 Current market status:
Current price: $4,636 (+7.95% in the last 24 hours, +28% in the last week).
Market cap: $560 billion.
Daily trading volume: $64 billion.
Next resistance: $4,800.
📊 If Ethereum reaches $25,000, its market cap will exceed $3 trillion.
⚠️ Note: This is not investment advice; always do your own research before making any financial decisions.