- Standard Chartered predicts Ethereum will reach US$7,500 by end of 2025 and an ambitious US$25,000 by 2028, representing a five-fold increase from current levels.
- Financial experts including Fundstrat’s Tom Lee believe ETH is having its “Bitcoin 2017 moment” with Wall Street finally recognising Ethereum’s true value potential.
- Recent Ethereum ETF inflows have dramatically outperformed Bitcoin ETFs, with Monday recording the highest ever inflows and Wednesday adding another US$729 million.
- The bullish sentiment is driven by strong institutional demand, corporate treasury adoption, ETF growth, and new US stablecoin regulations supporting the ecosystem.
Bullish times ahead: Standard Chartered has just made some big statements regarding the second-largest cryptocurrency, Ethereum (ETH). The British multinational bank said that ETH is likely to reach US$7,500 (AU$11,452) by the end of the year.
Currently, ETH is trading at US$4,776 (AU$7,293), and although that’s an impressive 60% gain over the past month, it is still targeting the all-time high of US$4,891 (AU$7,469) set four years ago.
Experts’ Valuations Range Between US$25k–30k ETH
Standard Chartered’s prediction seems bullish; however, it is their three-year forecast that will have Ether holders celebrating. The bank believes the coin can reach a whopping US$25,000 (AU$38,178) by 2028 – a five-fold rally from today.
Fundstrat’s Tom Lee, financial analyst and Ether-bull, echoed the sentiment when he spoke to CNBC last week.
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Lee said that “Ethereum is having its Bitcoin 2017 moment again” and that Wall Street is starting to see Ether’s real value. He believes ETH can even reach US$30,000 (AU$45,820), outpacing Standard Chartered’s bullish case.
The price target is based on strong institutional demand, an increase in corporate treasury strategies, ETF (exchange-traded fund) growth, and new US stablecoin laws.
Standard Chartered wrote that much “has changed since our last ETH forecast update in March”, adding that “the first strongly positive sign was significant industry engagement from the Ethereum Foundation and Etherialize, two of the organisations behind the Ethereum ecosystem.”
Recently, Arthur Hayes, who had sold over 2,300 ETH in early August, said he had bought back into ETH, seemingly now believing in its growth, and vowed he would “never take profit again.”
Record ETF Flows Support Ether Narrative
Strong US spot Ethereum ETF flows in recent days have even outperformed US spot Bitcoin ETFs. As reported, Monday saw the highest-ever inflows into these ETH ETFs, with Wednesday adding another US$729.1 million (AU$1.1 billion). US Bitcoin funds, meanwhile, only managed to add US$86.9 million (AU$132.7 million).
Comparing the flows in Bitcoin and Ethereum ETFs side by side shows that, for now at least, investors see ETH as the better bet.
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