Summary
- Standard Chartered announced it had raised its 2028 Ethereum price target from $7,500 to $25,000, nearly tripling the previous estimate.
- It also stated that this year’s Ethereum outlook was raised from $4,000 to $7,500.
- It projected that Ethereum will reach a new all-time high within the third quarter.
Standard Chartered (SC) has reportedly tripled its 2028 Ethereum price target.
According to Walter Bloomberg on the 13th (local time), Standard Chartered raised its Ethereum price target for the end of 2028 to $25,000. The previous target was $7,500, representing an approximate 3.33-fold increase.
This year’s outlook was also raised from $4,000 to $7,500. In particular, Ethereum is expected to reach an all-time high ($4,866) within the third quarter.
As of 6:23 PM, based on the Binance USDT market, Ethereum is trading at $4,641, up 8.05% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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