Standard Chartered has set a new long-range target of $40,000 for Ethereum (ETH) by end-2030, while cutting its end-2026 forecast sharply, arguing that Ethereum’s relative setup is improving even as Bitcoin-led weakness has weighed on absolute crypto price targets. In a research note, the bank’s digital assets analyst Geoff Kendrick framed 2026 as a potential inflection point for Ethereum versus bitcoin, despite revising down its medium-term ETH-USD path. “We think ETH’s prospects have improved. We therefore expect the cross to gradually return to its 2021 highs,” Kendrick wrote, pointing to a rebound in the ETH/BTC relationship as the core expression of his thesis
source: https://www.newsbtc.com/news/ethereum/standard-chartered-ethereum-40000-by-2030/