Standard Chartered Boosts Ethereum Price Forecast to $7,500
Standard Chartered analysts have increased their Ethereum (ETH) price forecast to $7,500 by year-end, up from their previous target of $4,000. This represents a significant jump, with the bank also raising its 2028 prediction for ETH to $25,000.
The revised targets reflect aggressive buying from corporate treasuries and spot ETFs, which have acquired roughly 3.8% of all Ether in circulation since June. This pace nearly doubles the comparable rate seen in Bitcoin.
Treasury firms alone purchased approximately 2.3 million Ether over two and a half months, representing 1.9% of the total supply. The analysts expect ETH to surpass its previous all-time high of $4,866 by the end of Q3.