Ethereum keeps impressing the markets with its rapid growth. A major UK bank's astonishing prediction suggests ETH could reach $7,500 this year! What factors support such a forecast? Let's delve into the details.
Ethereum recently crossed the symbolic $5,000 threshold, breaking its previous price record. Despite this impressive growth, major British bank Standard Chartered believes the second most important cryptocurrency remains significantly undervalued.
According to analyst Geoffrey Kendrick, Ethereum still lags behind Bitcoin in many areas. Notably, flows into Ethereum exchange-traded funds (ETFs) are just beginning, and companies are only starting to warm up to the idea of holding ETH in their reserves.
Yet Kendrick is convinced this lag conceals significant growth potential. If ETF adoption and corporate acceptance accelerate, it could trigger a new wave of demand and cause Ethereum prices to explode.
In this context, Standard Chartered projects Ethereum to reach $7,500 by the end of 2025. And that’s not all: in the longer term, the bank even estimates ETH could climb to $25,000 by 2028!
Of course, this ambitious scenario depends on two key factors: Broader adoption of Ethereum ETFs, and greater acceptance among companies looking to hold ETH as a strategic asset. These developments remain uncertain at this stage.
Indeed, while Bitcoin is now recognized as a credible digital alternative to gold, Ethereum has not yet acquired this safe-haven status in the eyes of the general public. However, analysts remain convinced that its time will soon come.
Another advantage Ethereum has over Bitcoin is staking. By holding ETH in staking pools, companies can generate passive income. Currently, ETFs cannot practice staking in the United States, but lifting this restriction could attract a strong influx of capital to Ethereum.
According to Kendrick, the cryptocurrency market is poised to enter a new growth phase. He even predicts Bitcoin reaching $200,000, with a peak of $135,000 this year and up to $500,000 by 2028. Standard Chartered’s forecasts for Ethereum are therefore highly ambitious and could offer considerable gains for savvy investors.
Ethereum is expected to reach new all-time highs, don’t miss this unique investment opportunity. Here’s a buying guide:
On the same topic:
Passionate about cryptocurrencies since 2019, I cover the latest news through clear and accessible articles. My goal is to make crypto understandable for everyone, with reliable and well-researched content.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
Risk Warning : Trading financial instruments and/or cryptocurrencies carries a high level of risk, including the possibility of losing all or part of your investment. It may not be suitable for all investors. Cryptocurrency prices are highly volatile and can be influenced by external factors such as financial, regulatory, or political events. Margin trading increases financial risks.
CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Before engaging in financial or cryptocurrency trading, you must be fully informed about the associated risks and fees, carefully evaluate your investment objectives, level of experience, and risk tolerance, and seek professional advice if needed. InvestX.fr and the InvestX application may provide general market commentary, which does not constitute investment advice and should not be interpreted as such. Please consult an independent financial advisor for any investment-related questions. InvestX.fr disclaims any liability for errors, misinvestments, inaccuracies, or omissions and does not guarantee the accuracy or completeness of the information, texts, graphics, links, or other materials provided.
Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
