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Standard Chartered Reiterates Ethereum $4,000 Year-End and $40,000 by 2030 Targets

GateNews

Price Prediction

2026-05-29 01:11:59

ETH2.32%

BTC1.43%

According to Decrypt, Standard Chartered analysts reiterated on Thursday their year-end target of $4,000 for Ethereum and a 2030 target of $40,000. The bank's analysts noted that Ethereum's current price does not reflect its on-chain transaction volume growth or the value of digital assets locked in DeFi protocols. Stablecoins have accounted for 33% of Ethereum transaction volume year-to-date, positioning Ethereum to benefit from Wall Street's gradual migration to digital assets. The price targets would bring Ethereum's ratio to Bitcoin to 0.08.

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