Highlights
Ethereum (ETH) price surged as Standard Chartered raised its year-end target. The firm cited strong market momentum and growing stablecoin-driven demand as the basis for this forecast.
According to a Reuters report, Standard Chartered has increased its year-end forecast for Ethereum to $7,500 from $4,000, citing stronger industry participation and a surge in ether holdings. The bank’s new projection is nearly 60% above Wednesday’s multi-year high of $4,700.
Ethereum, the world’s second-largest cryptocurrency, has become popular among investors seeking active returns. In contrast to Bitcoin, Ethereum can be staked, meaning holders can freeze balance and contribute to the network making a profit.
The token’s price has risen by over 50% after the US president signed off on the Genius Act. This law establishes a regulatory system for stablecoins, boosting broader adoption. Other digital assets have also gained on hopes that the law will bring greater mainstream acceptance.
Geoff Kendrick, head of digital assets research at Standard Chartered, said the bank expects the stablecoin market to grow about eightfold by the end of 2028. He noted this would directly increase Ethereum network fees, as most stablecoins are issued and transacted on Ethereum’s blockchain. These transactions require ETH for transaction costs.
Kendrick highlighted that Ethereum’s long-term growth will depend on using its main Layer 1 blockchain for high-value transactions, particularly in traditional finance. He added that significant improvements in Layer 1 capacity would help achieve this goal.
Based on this outlook, Standard Chartered also upped its ETH projection for 2028 to $25,000. This represents a 233% increase compared to this year-end forecast of $7,500. Kendrick also projected that Ethereum treasury firms will likely possess 10% of total ETH supply in the future.
This upward change suggests increasing confidence in Ethereum’s role in the crypto economy and even the broader financial markets. It is likely that ETH price will keep rising for the remaining part of 2025 and in future because of regulatory clarity, staking rewards, and growing stablecoin activity.
Ethereum price rose by 5.56% in the last 24 hours to its $4659.12, with its highest price during this trading session being $4,682.10. Also, trading activity surged, with the 24-hour volume rising 36.81% to $65.29 billion.
The price follows steady uptrend during the day. As illustrated in the chart, the coin has been steadily making a movement upwards since trading at $4,232.10.
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