Ethereum News Today: Standard Chartered Ups Ethereum 2028 Target to $25000 From $7500

Standard Chartered has significantly revised its Ethereum price forecast, projecting the digital asset could reach $25,000 by 2028, up from its earlier estimate of $7,500. This updated outlook was announced amid a notable rise in Ethereum’s price, which recently surpassed $4,700, reflecting growing investor confidence and broader institutional adoption [1]. The bank also raised its 2025 price target to $7,500 from $4,000, citing stronger market dynamics and industry fundamentals [2].

Ethereum’s recent performance has been driven by a combination of factors, including increased corporate treasury holdings, with approximately $9 billion worth of ETH now held by institutional entities. Additionally, record inflows into spot Ethereum ETFs—exceeding $1 billion in a single day—further signal the asset’s growing appeal among institutional investors [3]. The Ethereum Foundation itself appeared to capitalize on the recent price rally, selling 2,795 ETH through a wallet associated with the foundation. The sales occurred at an average price of $4,556 and $4,602, totaling approximately $12.7 million, and were seen as a strategic move to secure profits amid the surge [4].

Technical indicators also support a bullish outlook. Ethereum is currently trading above its 20-day simple moving average of $3,890 and has a relative strength index of 79.42, indicating proximity to overbought levels. While this could hint at a potential consolidation phase, the overall trend remains upward [5]. Standard Chartered’s analysis emphasizes Ethereum’s evolving role as both a settlement layer and a yield-generating asset, a dynamic that mirrors Bitcoin’s earlier adoption by corporate balance sheets. This dual function is expected to drive long-term appreciation, particularly if institutional participation continues to expand [6].

The bank’s revised forecast, however, is conditional on several external factors, including regulatory developments, competition from alternative smart contract platforms, and the success of future protocol upgrades. Standard Chartered acknowledges that while on-chain activity has historically raised concerns, recent advancements within Ethereum’s ecosystem have prompted a more optimistic assessment [1]. These include continued growth in infrastructure and stablecoin usage, which the bank views as critical to sustaining long-term demand for the asset.

Despite the positive momentum, it is important to note that these price projections are based on Standard Chartered’s analysis and are not reflective of current market conditions. As with all investments, especially in a volatile market like digital assets, risks remain. Investors are advised to conduct their own due diligence and consult with licensed financial advisors before making investment decisions based on such forecasts [4].

Standard Chartered’s updated Ethereum targets underscore a strategic repositioning of the asset within its digital portfolio. The bank now sees Ethereum as a key component of a diversified digital asset strategy, capable of delivering substantial returns over a multi-year horizon if the projected trends continue to materialize. While the $25,000 price target by 2028 may seem ambitious, it reflects the growing recognition of Ethereum’s role in the global financial system and its potential to serve as a foundational asset for future financial infrastructure [2].

Source:

[1] Ethereum Price Prediction: Standard Chartered Sees ... https://coinpedia.org/news/ethereum-price-prediction-standard-chartered-sees-7500-in-2025-25k-by-2028/

[2] Ethereum (ETH) Could Hit $25000 by 2028, Predicts ... https://u.today/ethereum-eth-could-hit-25000-by-2028-predicts-standard-chartered

[3] Why Standard Chartered now sees Ethereum hitting ... https://cryptoslate.com/why-standard-chartered-now-sees-ethereum-hitting-25000-within-30-months/

[4] Ethereum Price Prediction: Standard Chartered Boosts ... https://cryptodnes.bg/en/ethereum-price-prediction-standard-chartered-boosts-forecast-for-2028/

[5] Ethereum Could Hit $25000 by 2028, Says Standard ... https://coindoo.com/ethereum-could-hit-25000-by-2028-says-standard-chartered/

[6] Standard Chartered Lifts 2025 Price Forecast to ... https://www.reddit.com/r/CryptoCurrency/comments/1mp3wet/standard_chartered_lifts_2025_price_forecast_to/