Ethereum Could Surge To $7,500 And Leave Bitcoin Behind, Banking Giant Says

Standard Chartered has pushed its base-case price target for Ethereum to $7,500 by the end of the year, a big jump from an earlier $4,000 projection. Related Reading: Bitcoin’s New Power Buyers: Companies Bought 3 Times What Miners Produced According to the bank’s digital assets team, growing demand from corporate treasury buyers and spot ETH products has driven the change in outlook. Bank Raises Ethereum Target The bank’s lead analyst expects fee growth on the Ethereum network and stronger institutional adoption to be key drivers for the move higher. The bank also revised its longer-term numbers, lifting its 2028 target to $25,000 and laying out scenarios that push toward $40,000 by 2030 source: https://www.newsbtc.com/altcoin/ethereum-could-surge-to-7500-and-leave-bitcoin-behind-banking-giant-says/