Standard Chartered Forecasts Ethereum at $25,000 by 2028

Financial institution Standard Chartered has significantly revised its Ethereum price predictions, anticipating a skyward trajectory for the cryptocurrency in the coming years. Their latest forecast predicts ETH reaching $25,000 by 2028, a substantial jump from their previous target of $7,500 for the same year. This update comes after Standard Chartered highlighted growing corporate interest in Ethereum for various applications such as tokenization, stablecoin settlement and layer-2 scaling. They believe these factors will bolster the network’s growth potential over time.