Standard Chartered Raises Long-Term Outlook for Ethereum
A recent report from Standard Chartered suggests that despite a weak crypto market, Ethereum is expected to significantly outperform other digital assets in 2026. Geoffrey Kendrick, the bank's Head of Digital Asset Research, noted that while short-term price projections have been revised downward, Ethereum's structural advantages continue to support its long-term potential.
Why Ethereum Will Outperform
Although Bitcoin remains dominant, Ethereum is showing strong competitiveness in several key areas. These include its widespread use in stablecoin issuance, real-world asset tokenization, and decentralized finance (DeFi). Additionally, ongoing network upgrades and scaling solutions are further strengthening its ecosystem.
Revised Price Targets but Positive Long-Term View
According to the latest forecast, Ethereum could reach $7,500 by the end of 2026, with targets of $15,000 and $22,000 expected for 2027 and 2028, respectively. While these figures are lower than previous estimates, Standard Chartered has raised its longer-term outlook, projecting Ethereum to hit $30,000 by the end of 2029 and setting a new 2030 target of $40,000.