Standard Chartered Bank has lowered its medium-term price forecast for Ethereum, reducing its year-end 2026 price prediction to $7,500 from $12,000 and its year-end 2028 price prediction to $22,000 from $25,000. Geoffrey Kendrick, Global Head of Digital Asset Research, stated that Bitcoin's continued dominance in the space and its weaker-than-expected performance have dampened the outlook for all digital assets against the US dollar. The bank still expects Ethereum to exceed $40,000 by 2030, raising its long-term target from $30,000. (Cointele)