{"id":26058,"date":"2025-08-13T15:56:55","date_gmt":"2025-08-13T12:56:55","guid":{"rendered":"https:\/\/forklog.com\/en\/standard-chartered-raises-ethereum-forecast-to-7500\/"},"modified":"2025-08-13T15:56:55","modified_gmt":"2025-08-13T12:56:55","slug":"standard-chartered-raises-ethereum-forecast-to-7500","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/standard-chartered-raises-ethereum-forecast-to-7500\/","title":{"rendered":"Standard Chartered Raises Ethereum Forecast to $7500"},"content":{"rendered":"<p>By the end of this year, Ethereum is expected to rise to $7500, and by 2028 it could reach $25,000, according to analysts at Standard Chartered, reports <a href=\"https:\/\/www.theblock.co\/post\/366734\/standard-chartered-analysts-raise-ethereum-year-end-price-target\">The Block<\/a>.\u00a0<\/p>\n<p>Jeffrey Kendrick, head of digital asset research, is confident that the altcoin will surpass its <span data-descr=\"all-time high\" class=\"old_tooltip\">ATH<\/span> of $4866 in the current quarter. He highlighted several factors contributing to the altcoin&#8217;s growth.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Ethereum Drivers\u00a0<\/h2>\n<p>According to Kendrick, since June, corporate treasuries and ETFs have accumulated 3.8% of Ethereum&#8217;s market supply. This pace is nearly double that of Bitcoin over the same period.\u00a0<\/p>\n<p>Companies BitMine Immersion and SharpLink Gaming acquired about 2.3 million ETH (1.9% of the supply). The rest was accounted for by spot exchange-traded funds. On August 12, daily inflows into these structures <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-etfs-draw-more-than-1bn-in-a-day\">reached<\/a> a record $1.02 billion.\u00a0\u00a0<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/treasuries\/ethereum-treasuries\/stacked-eth-holdings-by-public-companies\/embed\" title=\"Stacked ETH Holdings by Public Companies\"><\/iframe><\/p>\n<p>A significant event for Ethereum was the signing of the <a href=\"https:\/\/forklog.com\/en\/news\/genius-act-spurs-ethereum-rally-say-analysts\">GENIUS Act<\/a> in July, which established federal rules for stablecoins. More than half of existing stablecoins operate on Ethereum and generate 40% of all network fees.\u00a0<\/p>\n<p>Kendrick believes the adoption of the GENIUS Act will increase activity in the ecosystem of the second-largest cryptocurrency by market capitalization. Standard Chartered forecasts that the capitalization of stablecoins will reach $2 trillion by 2028.\u00a0<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/stablecoins\/usd-pegged\/total-stablecoin-supply-per-chain\/embed\" title=\"Total Stablecoin Supply Per Chain\"><\/iframe><\/p>\n<p>The analyst highlighted technical progress in Ethereum&#8217;s development. In particular, he pointed to developers&#8217; plans to increase the main network&#8217;s throughput. The next major update, Fusaka, is <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-developers-set-timeline-for-fusaka-hard-fork\">scheduled<\/a> for early November.<\/p>\n<h2 class=\"wp-block-heading\">Trend Towards Ethereum Treasuries\u00a0<\/h2>\n<p>The cryptocurrency fund Pantera Capital <a href=\"https:\/\/panteracapital.com\/blockchain-letter\/dat-value-creation\/\">invested<\/a> $300 million in companies operating under the DAT model. The flagship asset was shares of BitMine, which holds 1.2 million ETH worth over $5.3 billion. The firm aims to accumulate 5% of Ethereum&#8217;s total supply.\u00a0<\/p>\n<p>Pantera&#8217;s partners praised BitMine&#8217;s business model, which focuses on maximizing the number of tokens per share (EPS). According to them, the company employs several strategies for this:\u00a0<\/p>\n<ul class=\"wp-block-list\">\n<li>issuing shares at a premium to <span data-descr=\"net asset value\" class=\"old_tooltip\">NAV<\/span>;<\/li>\n<li>convertible bonds;<\/li>\n<li>staking and DeFi income;<\/li>\n<li>mergers and acquisitions.\u00a0<\/li>\n<\/ul>\n<p>In one month, the firm accumulated more than Strategy did in its first six months, experts noted.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/AD_4nXcFGovzoSML0r4qU0Agb9iCwLT8wUF_Pu7BaaJdtL1JxC53G8peYI6oo8bIIiJIcTzPTv_r6o-D7K_HOI7ZWBxG5f6VOLCLmP7jDgkdNWZaVeUaELvDnznETfkm76EOjtdHjcn6.webp\" alt=\"Standard Chartered Raises Ethereum Forecast to $7500\" class=\"wp-image-263854\"\/><figcaption class=\"wp-element-caption\">Source: Pantera Capital.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cAt the end of June, BMNR shares traded at $4.27 each, approximately 1.1 times their NAV of $4 per share after the initial capital raising through DAT. Just over a month later, the closing price was $51, or about 1.7x the estimated NAV of $30 per share. This represents a 1100% increase in just one month,\u201d calculated Pantera.\u00a0<\/p>\n<\/blockquote>\n<p>Besides BitMine, the fund also invested in firms investing in Bitcoin, Solana, BNB, TON, Hyperliquid, Sui, and Ethena.\u00a0<\/p>\n<p>Back in August, Vitalik Buterin <a href=\"https:\/\/forklog.com\/en\/news\/buterin-backs-corporate-ethereum-treasuries-warns-of-risks\">endorsed<\/a> the trend of accumulating Ethereum. However, he noted that excessive use of leverage by companies could turn this into a \u201cdangerous game.\u201d<\/p>\n<p>On August 12, Ethereum <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-surpasses-bitcoin-in-growth-rate-for-the-first-time-since-2024\">outpaced<\/a> Bitcoin in growth rates for the first time since 2024. The following day, the cryptocurrency&#8217;s price <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-nears-its-all-time-high-after-testing-4700\">surpassed<\/a> the $4600 level, approaching its ATH.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By the end of this year, Ethereum is expected to rise to $7500, and by 2028 it could reach $25,000, according to analysts at Standard Chartered, reports The Block.\u00a0 Jeffrey Kendrick, head of digital asset research, is confident that the altcoin will surpass its ATH of $4866 in the current quarter. He highlighted several factors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26057,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,46,1347],"class_list":["post-26058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-ethereum","tag-standard-chartered-plc"],"aioseo_notices":[],"amp_enabled":true,"views":"61","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=26058"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26057"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=26058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=26058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=26058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}