The post Standard Chartered Raises Ethereum Price Target to $7,500 appeared on BitcoinEthereumNews.com.

Ethereum (ETH) price surged as Standard Chartered raised its year-end target. The firm cited strong market momentum and growing stablecoin-driven demand as the basis for this forecast. Bank Cites Stablecoin Growth and Staking Demand in Bullish Ethereum Outlook According to a Reuters report, Standard Chartered has increased its year-end forecast for Ethereum to $7,500 from $4,000, citing stronger industry participation and a surge in ether holdings. The bank’s new projection is nearly 60% above Wednesday’s multi-year high of $4,700. Ethereum, the world’s second-largest cryptocurrency, has become popular among investors seeking active returns. In contrast to Bitcoin, Ethereum can be staked, meaning holders can freeze balance and contribute to the network making a profit. The token’s price has risen by over 50% after the US president signed off on the Genius Act. This law establishes a regulatory system for stablecoins, boosting broader adoption. Other digital assets have also gained on hopes that the law will bring greater mainstream acceptance. Geoff Kendrick, head of digital assets research at Standard Chartered, said the bank expects the stablecoin market to grow about eightfold by the end of 2028. He noted this would directly increase Ethereum network fees, as most stablecoins are issued and transacted on Ethereum’s blockchain. These transactions require ETH for transaction costs. Kendrick highlighted that Ethereum’s long-term growth will depend on using its main Layer 1 blockchain for high-value transactions, particularly in traditional finance. He added that significant improvements in Layer 1 capacity would help achieve this goal. Based on this outlook, Standard Chartered also upped its ETH projection for 2028 to $25,000. This represents a 233% increase compared to this year-end forecast of $7,500. Kendrick also projected that Ethereum treasury firms will likely possess 10% of total ETH supply in the future. Robust Market Activity and Regulatory Clarity Coincides with Token’s…

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Filed under: News - @ August 13, 2025 4:30 pm