Standard Chartered has released a fresh bullish outlook on Ethereum (ETH), projecting that the cryptocurrency will climb sharply this decade.
According to its outlook, the second-largest cryptocurrency by market capitalization could potentially rally to $30,000 by 2029 while outperforming Bitcoin (BTC) through 2026.
The target implies a roughly 790% gain from ETH’s press-time value of $3,371. At that level, Ethereum would command a market capitalization of about $3.6 trillion, positioning it as the world’s largest digital asset, assuming Bitcoin records minimal growth over the same period.
ETH one-week price chart. Source: Finbold
The forecast reinforces the bank’s long-standing optimism on ETH, even as it acknowledges that previous targets have not always aligned with market outcomes.
The multinational bank’s latest outlook sees Ethereum reaching $7,500 by the end of 2026, with a longer-term trajectory that places the asset at $30,000 within the next three years
We współpracy z: https://finbold.com/banking-giant-sets-date-when-ethereum-will-trade-at-30000/