Standard Chartered "Ethereum expected to reach 25,000 dollars in 2028…Bullish outlook continues"
Uk Jin
Summary
- Standard Chartered said Ethereum is expected to reach 25,000 dollars in 2028.
- The current Ethereum price is 2926 dollars, down more than 25% in a month; however, Standard Chartered maintains a long-term bullish outlook.
- It said increased Ethereum purchases in corporate treasuries and sustained ETF demand are the main supporting factors.
There is a forecast that the price of Ethereum (ETH) could rise to 25,000 dollars in 2028.
On the 26th (local time), according to CryptoProwl, Standard Chartered expected Ethereum to reach 7500 dollars by the end of this year, 12,000 dollars in 2026, 18,000 dollars in 2027, and 25,000 dollars in 2028.
Currently, the price of Ethereum is around 2926 dollars, having fallen more than 25% in a month and dropping below 3000 dollars. Some analysts have raised the possibility of a further decline to 2500 dollars, but Standard Chartered maintains a long-term bullish outlook.
Standard Chartered cited increased Ethereum purchases in corporate treasuries and sustained demand for ETFs (exchange-traded funds) as supporting factors.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
