Analysts at Standard Chartered Bank have raised their target price forecast for $ETH to $7500 by the end of 2025 and to $25,000 by 2028. This was reported by The Block, citing the organization's report.

Recall that on August 13, the price of Ethereum approached the mark of $4700, which continues the trend that has been ongoing for several days. This is accompanied by an influx of capital into spot funds based on the asset and aggressive fundraising by companies managing treasuries based on it.

As can be seen, the price has broken the level of $4700 several times and has already consolidated at that level.