Ethereum Price Prediction Amid Standard Chartered Boost

ETH price has become a focal point as treasury flows emerge as a critical driver of digital asset markets. Standard Chartered recently emphasized that Ethereum stands to gain more from digital asset treasury activity than Bitcoin or Solana. The bank’s research highlights how consolidation and sustainability will shape which assets thrive under treasury buying pressure. This reinforces Ethereum price discussions, though the broader market remains cautious about long-term allocation trends.

Standard Chartered Tips ETH As The Biggest Beneficiary Of Treasury Flows

ETH price received strong support from Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, who stressed its resilience compared to Bitcoin and Solana. He argued that Bitcoin treasuries face saturation while Solana treasuries remain immature and vulnerable to shareholder restrictions. 

Kendrick explained that Ethereum treasuries, by contrast, benefit from staking yields and deeper institutional positioning. He pointed to BitMine Immersion, which already holds over two million ETH, representing nearly 5% of supply, yet remains short of its long-term target. 

Recently, Tom Lee’s BitMine expanded its Ethereum treasury further with a $358 million acquisition, bringing its holdings to nearly 1.95 million ETH and reinforcing treasury-driven accumulation.  

Consolidation across treasuries is possible, but Kendrick emphasized Ethereum is better placed to sustain buying activity. He also noted that Ethereum price has stronger underpinnings because its treasuries are more established. Kendrick wrapped up his comments by noting:

“In a relative sense, we see DATs as being a more positive driver for ETH than for BTC or SOL going forward.”

These words place ETH ahead of its peers in treasury-driven growth outlooks.

ETH Price Prediction Shows Clear Path Toward $6,000 Target

The current ETH market value sits at $4,511, holding firm above the 50-day EMA at $4,275. Since the 50 EMA is below, the setup suggests a possible retest of the support level at $4455 before a renewed push higher.

Ethereum price continues to respect the ascending trendline, keeping the broader uptrend structure intact. Resistance stands near $4,946, and a break above this level would likely accelerate gains.

If this structure holds, projections point toward a climb above $6,000 into December, matching the bullish outlook. This ETH price prediction is reinforced by Standard Chartered’s call that treasury flows will remain a major driver. 

Support levels remain clearly defined, ensuring downside risks appear contained while upside potential dominates. Altogether, the ETH price prediction leans toward continued strength if buyers maintain control above the trendline.

ETH price action ETH price action
ETH/USDT 1-Day Chart (Source: TradingView)

Summary 

Ethereum price retains a strong lead supported by institutional treasuries and reinforced by technical structure. Standard Chartered’s outlook favors ETH against Bitcoin and Solana, and the charts confirm the bias. With resistance levels within reach and a $6,000 target projected, ETH continues to display clear upside potential. This decisive combination makes Ethereum one of the most promising assets under treasury-driven flows.

Frequently Asked Questions (FAQs)

Digital asset treasuries are publicly listed firms holding crypto on their balance sheets for long-term strategic allocation.

The bank notes Ethereum treasuries are more established, generate staking yields, and remain resilient under consolidation.

BitMine’s $358M acquisition of nearly 1.95M ETH solidifies Ethereum’s treasury advantage and strengthens institutional backing.

coingape

Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Source: https://coingape.com/markets/ethereum-price-prediction-as-standard-chartered-says-treasury-buying-will-boost-eth-over-rivals/