🚨 Standard Chartered Raises Ethereum Target to $7,500 by Year-End

📈 Ethereum’s bullish momentum is getting a major nod from Standard Chartered, which increased its year-end price forecast from $4,000 to $7,500—nearly 60% above its recent multi-year high.

🔑 Key drivers cited:

• Stablecoin growth—expected to grow 8x by 2028, boosting Ethereum network fees.

• Staking demand—ETH holders earning yields while contributing to network security.

• Main Layer 1 adoption—for high-value transactions in traditional finance.

🏦 The bank also sees long-term upside to $25,000 by 2028, driven by Ethereum treasury holdings and broader adoption. With the Genius Act supporting stablecoins, Ethereum could continue attracting institutional and retail interest alike.

💡 The takeaway: $ETH isn’t just a crypto—it’s becoming a strategic asset for the future of finance.

#Ethereum #Crypto #Blockchain #DigitalAssets #Altcoins

https://coingape.com/standard-chartered-raises-ethereum-price-target-to-7500/?utm_source=bnb&utm_medium=coingape