Standard Chartered Bank has raised its forecast for Ethereum price to $7,500 by the end of 2025, citing increasing institutional support and network upgrades.
Standard Chartered's Forecast
Standard Chartered Bank has raised its target for **Ethereum (ETH)** to **$7,500** for the end of 2025. The decision reflects expectations for increased institutional support and significant network improvements, led by Geoff Kendrick.
Growth Factors for Ethereum
The bank's projection is driven by a combination of factors including **institutional inflows**, ETF interests, and expected **growth in the stablecoin market**. These are compounded by critical upgrades to the Ethereum network aimed at enhancing scalability.
> Geoff Kendrick, Head of Digital Assets Research, Standard Chartered, stated, 'We project that the stablecoin sector will grow by around 8x by end-2028, which would have a significant direct impact on fees on the Ethereum network.'
Impact on DeFi and Layer 2 Tokens
The raised price target signifies confidence in Ethereum's infrastructure and its **market viability**, as noted by Geoff Kendrick, potentially influencing the development of Layer 2 tokens and the broader DeFi sector, positioning Ethereum as a pivotal player in digital finance. The price increase may lead to intensified institutional accumulation, further bolstering prices.
The upward revision of Ethereum's price forecast to $7,500 by 2025 highlights significant industry trends, including growing interest from institutional investors and technological advancements capable of reshaping the market.
