Standard Chartered’s Research Predicts Ethereum to Hit $8K by 2026 and Eyes $35K Long-Term
After the financial behemoth’s prior forecast of bitcoin (BTC) potentially hitting $50K by year-end and surging to
$120K in 2024, Geoffrey Kendrick and his team at Standard Chartered are back with a new report, this time spotlighting ethereum (ETH).
Notably, this
$8K projection is merely a precursor to the bank’s ambitious long-term forecast of an ether valued between
$26,000 and $35,000.
Yet, it’s worth noting that while the $8K estimate is slated for 2026’s conclusion,
the grander valuation is pegged for 2040.
Standard Chartered’s forex and crypto research lead further opined that U.S. regulations around spot
exchange-traded fund (ETF) potentials will likely fortify both BTC and ETH.
“The gap between traditional finance and the digital world is narrowing by the day,” Eric Robertsen, the global head of research and chief strategist for Standard Chartered said at the time.
