Standard Chartered Predicts Ethereum Reaching $40,000 by 2030, Lowers 2026 Estimate

Standard Chartered targets $40,000 for Ethereum by end-2030.
The 2026 forecast for Ethereum is set at $7,500, down from a previous estimate of $12,000.
Predictions for subsequent years include: $15,000 in 2027, $22,000 in 2028, $30,000 in 2029, and $40,000 by 2030.
The bank suggests a significant year for Ethereum in 2026, similar to 2021.
Bitcoin's performance has influenced lower short-term price targets for dollar-denominated crypto assets.
Key supports for Ethereum include accumulation by major treasury companies like Bitmine Immersion Technologies.
Structural demand drivers: stablecoins, tokenized real-world assets, and DeFi involvement.
Plans to increase Ethereum layer-1 throughput by roughly 10x over the next two to three years could drive market cap growth.
Regulatory developments, such as the US CLARITY Act, may further support Ethereum and DeFi activity if enacted.
Emphasis on Ethereum reclaiming ground versus Bitcoin through enhanced network capabilities and policy clarity.

At the time of reporting, ETH was trading at $3,126.

Ethereum price chart