Standard Chartered Keeps $40,000 ETH Target Despite 57% Price Decline

1 hour ago

Standard Chartered is maintaining its $40,000 Ethereum price people adjacent aft ETH fell 57% from its August 2025 high. The slope believes maturation successful stablecoins and tokenized assets could yet assistance adjacent the spread betwixt Ethereum’s fundamentals and price.

Key Takeaways

  • Standard Chartered kept its $40,000 ETH people contempt a 57% terms decline.
  • Ethereum’s web metrics stay adjacent grounds levels, according to the bank.
  • Stablecoins and tokenized assets are cardinal to the bullish outlook.

Why Standard Chartered Still Sees Ethereum Reaching $40,000

Ethereum’s underlying web indicators proceed strengthening adjacent arsenic ETH remains acold beneath caller highs, according to a May 28 probe enactment from Standard Chartered’s Global Research team. Geoff Kendrick, Global Head of Digital Assets Research astatine Standard Chartered Bank, wrote that transaction numbers and full worth locked, measured successful ETH terms, stay adjacent grounds levels. ETH has inactive fallen astir 57% from its August 2025 peak, portion ETH- BTC is down 37%.

Standard Chartered argues the marketplace is focusing connected ETH’s terms diminution portion overlooking stronger transaction and value-locking trends. The slope compared Ethereum’s existent presumption to Amazon aft the dot-com crash, erstwhile the company’s shares plunged contempt continued operational progress. That analogy frames ETH’s sell-off arsenic a imaginable marketplace disconnect alternatively than a breakdown successful web demand.

Kendrick wrote:

“Internal metrics for Ethereum ( ETH) proceed to amended … However, the ETH price continues to underperform successful some implicit and comparative presumption – ETH-USD has fallen 57% from its August 2025 high.”

The bank’s $40,000 ETH people is tied to expected enlargement successful stablecoins and tokenized real-world assets. Standard Chartered forecasts the stablecoin marketplace volition turn sixfold by the extremity of 2028, portion tokenized real-world assets excluding stablecoins could grow fiftyfold. That projected maturation gives the slope a clearer way from today’s anemic ETH price to its 2030 forecast.

How Stablecoins and Tokenized Assets Support the ETH Forecast

The probe enactment highlighted Ethereum’s ascendant presumption successful markets expected to payment from the migration of accepted fiscal assets to blockchain networks. Ethereum presently accounts for astir 50%-65% of some the stablecoin and tokenized real-world plus markets. Those sectors already correspond much than fractional of the worth locked connected Ethereum.

If Ethereum keeps that stock arsenic accepted concern moves on-chain, Standard Chartered’s forecast implies ETH could summation from a overmuch larger basal of colony activity. Standard Chartered besides sees ETH- BTC returning to 0.08 by 2030, matching levels past seen astir the 2021 marketplace peak.

The bank’s forecast way calls for ETH to scope $10,000 successful 2027, $18,000 successful 2028, and $28,000 successful 2029 earlier climbing to $40,000 successful 2030. Standard Chartered besides projects bitcoin rising from $100,000 successful 2026 to $500,000 by 2030. Under those forecasts, the ETH- BTC ratio would summation from 0.04 successful 2026 to 0.08 successful 2030, implying Ethereum would outperform bitcoin implicit the period.

Kendrick wrote:

“We reaffirm our ETH forecasts of USD 4,000 for end-2026 and USD 40,000 for end-2030.”

The forecast yet rests connected a elemental gap: ETH price has lagged portion the network’s usage metrics stay strong. Standard Chartered expects that spread to constrictive if those markets proceed expanding. That presumption keeps the bank’s semipermanent $40,000 people intact contempt the caller decline.

View source