en.bitcoinsistemi.com
Ethereum ($ETH) has broken its long silence and launched a massive rally. While Bitcoin has been running from record to record in the current bull cycle, Ethereum has been lagging behind BTC with its weak performance.
However, $ETH put an end to this and experienced a huge jump, getting very close to its 2021 $ATH.
At this point, while Ethereum is expected to surpass its November 2021 $ATH in the short term, Standard Chartered has revised its Ethereum price forecast.
According to a post by Walter Bloomberg, Standard Chartered has raised its 2025 Ethereum price forecast to $7,500, versus its previous $4,000 estimate.
The bank also raised its 2028 year-end $ETH price forecast from $7,500 to $25,000, representing a 3.33-fold increase.
The bank's revision to the $ETH price is based on Ethereum's growing institutional interest and its potential for growth in treasury holdings.
*This is not investment advice.