Standard Chartered said Ether is likely to outperform bitcoin over the long term, even as the broader digital asset market has delivered weaker-than-expected results in the current cycle.
The bank noted that bitcoin’s softness has dragged on overall crypto sentiment, but ether’s relative position has improved, with the ETH-BTC ratio expected to gradually move back toward its 2021 highs.
While the bank lowered its ether price projections for 2026 to 2028 due to continued weakness linked to bitcoin’s performance, it upgraded its long-term view.
The bank has put faith in Ethereum’s underlying structural strengths ; and thus expects Ether to climb to $40,000 by the end of 2030. At the time of publication, Ether was trading near $3,100.
Geoff Kendrick, head of digital assets research at the bank, said progress on the U.S. CLARITY Act could further support Ether by creating a finer regulatory framework and enabling the next phase of growth in DeFi, i.e. decentralized finance.
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