Ethereum Will Hit $7,500 in 2025, Standard Chartered Predicts
The second most valuable cryptocurrency, ether, should surpass its all-time high of $4,866 by the end of this year. The cryptocurrency reached this level in November 2021. Ether is currently trading relatively close to this level, at around $4,500.
Now, British multinational bank Standard Chartered has issued a prediction that ether will rally significantly by the end of this year. According to the bank’s analysts, ether’s new target value at the end of 2025 is $7,500, while the previous target price was $4,000.
If Standard Chartered’s updated estimate were to come true, ether would gain about two-thirds of its current market value over the remainder of this year.
The world’s second-largest cryptocurrency, which recently marked its 10th anniversary on the market, has become a token of choice for those seeking more active returns. Unlike bitcoin, which relies primarily on price appreciation, ether can be staked. In staking, holders lock up their tokens to support the Ethereum network in exchange for rewards.
Ether has gained more than 50 percent in the past four weeks. According to experts, it was helped by the approval of the so-called GENIUS Act by the U.S. Congress. [1] Under this law, a regulatory environment should be created in the U.S. for the issuance of stablecoins—cryptocurrencies anchored to a specific fiat currency, in this case the U.S. dollar.
“We project that the stablecoin sector will grow by around 8x by end-2028, which would have a significant direct impact on fees on the Ethereum network,” Geoff Kendrick, Standard Chartered’s head of digital assets research, told Reuters. [2]
Most stablecoins are issued and transacted on the underlying Ethereum blockchain, driving up demand for ether to pay transaction fees.
Ether’s long-term growth depends on using the main Ethereum blockchain for high-value transactions, especially those tied to traditional finance. According to Geoff Kendrick, a major boost in the main Ethereum blockchain’s capacity would help make this possible.
Standard Chartered also raised its year-end 2028 forecast for ether from $7,500 to $25,000.
Ethereum celebrated its 10th anniversary just about two weeks ago (July 30). This cryptocurrency was first officially traded at the end of July 2015. As mentioned, it is currently the second largest (by market capitalization) and the second most widely used cryptocurrency after bitcoin. Ethereum was created as an alternative to Bitcoin, and so far it seems to be fulfilling that role.
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[2] https://www.reuters.com/business/standard-chartered-lifts-year-end-ether-forecast-7500-2025-08-13/