Ethereum May Reach $25,000 by 2028 According to Standard Chartered

Standard Chartered Raises Ethereum Price Prediction

Standard Chartered has increased its Ethereum price target to $25,000 by the year 2028. This revision follows a prediction of a structural decline for the second-largest cryptocurrency.

The UK-based bank has made significant adjustments to its outlook, now projecting $7,500 by the end of 2025, $12,000 in 2026, $18,000 in 2027, and reaching $25,000 in both 2028 and 2029.

Geoff Kendrick, who leads the digital asset research team at the bank, noted that the backdrop for Ethereum has seen notable improvements in recent months. He mentioned how institutional purchases have escalated, nearly doubling compared to Bitcoin accumulation during peak periods.

Kendrick also highlighted that Ethereum exchange-traded funds have acquired about 3.8% of the circulating ETH since June. He pointed to recent regulatory advancements, such as the American Genius Law, which aims to support stablecoins and upcoming network upgrades as pivotal contributors to this optimistic revision.

Standard Chartered described this new law as a “vital change” that enhances liquidity, especially since stablecoins currently account for 40% of blockchain fees. This growth should indirectly boost demand for Ethereum, given that these stablecoins are mostly issued on the Ethereum network.

At a trading price of $4,713.37, Ethereum has seen a daily increase of 6% and a weekly rise of 30%. It’s close to its all-time high of $4,878 reached in November 2021.

Interestingly, predictions suggest that the odds of Ethereum surpassing the $5,000 mark have risen by 39% in just a day, with market users estimating an 87.5% chance of reaching that milestone.

Ilya Otichenko, a lead analyst at cex.io, expressed some skepticism, reminding us that Standard Chartered had made similar bold forecasts in the past—for instance, $8,000 in 2024 and $14,000 in 2025.

Not too long ago, the bank had slashed its Ethereum outlook, cutting the 2025 target from $10,000 to $4,000 due to concerns over increased competition driven by dilution effects on mainnet fees.

As Ethereum approaches its previous record high, liquidations might exceed $294 million. Otichenko commented that the latest predictions seem more reflective of a positive market sentiment rather than concrete potential targets. However, he acknowledged that institutional accumulation and possible ETF inflows could significantly impact Ethereum’s price growth this year.

Arthur Azizov, founder of B2 Ventures, weighed in by suggesting that the current momentum shows promise for a considerable rise. He mentioned possibilities of reaching $6,000 this year or next; yet, he cautioned that maintaining support above $3,350 is critical to sustain this upward trend.