Standard Chartered Boosts Ethereum Outlook, Sees $7,500 by December Amid Strong Demand

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Standard Chartered revised its Ethereum price targets significantly higher, now projecting $7,500 by year-end (vs. $4,000 prior) and $25,000 by 2028 (vs. $7,500).

Analysts highlighted a “dramatically improved” landscape, fueled by institutional adoption, ETF inflows, and regulatory clarity for stablecoins.

According to Geoffrey Kendrick, corporate treasuries and spot ETFs have absorbed ~3.8% of ETH’s supply since early June—twice the rate seen in Bitcoin during comparable periods.

Treasury firms alone acquired ~2.3M ETH (1.9% of supply), while ETFs drove additional demand. ETH’s 41% YTD rally also eclipses BTC’s 29%, signaling continued outperformance.