Standard Chartered has updated its Ethereum price forecast, predicting it could reach $25,000 by 2028. This revision is driven by growing institutional demand and shifts in corporate asset allocations.
Updated Forecast from Standard Chartered
Standard Chartered raised its forecast for Ethereum to $25,000 by 2028 from $7,500, citing increased institutional demand and the emergence of corporate treasury allocations.
Impact of Corporate Interest on Ethereum
Recent trends, particularly treasury accumulation that could lock up to 10% of Ethereum's supply, are noted by experts. This behavior mirrors Bitcoin's early adoption by corporate balance sheets, which helped transform market liquidity and sentiment.
Long-Term Prospects for Ethereum
While the forecast remains dependent on factors such as regulatory clarity and competition from other smart contract platforms, the bank now frames Ethereum's long-term potential in a higher valuation bracket. If corporate participation continues to expand, Ethereum could increasingly be viewed as both a settlement layer and a yield-generating asset.
Thus, Standard Chartered's forecast highlights the growing interest in Ethereum from major investors, which may lead to significant appreciation in its value in the future.
