Standard Chartered hikes 2025 ETH target to $7.5K on stablecoin, ETF surge
Standard Chartered has revised its Ether price forecast for 2025 to $7,500, up from $4,000, citing a significant increase in institutional buying and the growing adoption of stablecoins due to recent regulatory changes in the US. The bank noted that since early June, treasury companies and ETFs have amassed 3.8% of all ETH in circulation, nearly twice the pace of Bitcoin accumulation during the 2024 US election cycle. A notable factor in this surge is the recent US legislation providing a clear framework for stablecoins, which now account for 40% of blockchain fees, predominantly issued on Ethereum. Standard Chartered anticipates Ethereum's market cap for stablecoins to grow to $2 trillion by 2028, further boosting demand for ETH. The bank projects ETH will surpass its past all-time high by the end of Q3 2025, with long-term forecasts set at $12,000 in 2026, $18,000 in 2027, and $25,000 by 2028. Profit-taking is already occurring as some major Ethereum holders have started selling their stakes.
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