British multinational banking giant Standard Chartered has increased its price expectations for Ethereum’s Ether, the second most valued cryptocurrency by market cap. The new development suggests renewed confidence in the asset and further coincides with the asset’s current price rally.
In a recent report, the global banking giant forecasted $7,500 as a new price target for the crypto asset. This marks a $3,500 increase from its previous prediction of $4,000.
However, the firm’s long-term outlook remains fixed and could still be considered bullish. Notably, the British bank predicts that ETH will smash $12,000 in 2026, $18,000 in 2027, and $25,000 come 2028.
The banking firm revealed that the uptick in the adoption of stablecoins and the increase in the number of institutional firms purchasing Ether are catalysts influencing its newly held position.
“A lot has changed since our last ETH forecast update in March. The first strongly positive sign was significant industry engagement from the Ethereum Foundation and Etherialize, two of the organisations behind the Ethereum ecosystem.” The bank wrote in its report.
 
The bank also cited the approval of the GENIUS ACT in July as a key factor supporting its bullish outlook and anticipates a significant growth in market cap that will send it to a total of $2 trillion by 2028. The Standard Chartered further predicts that ETH will cross its previous all-time high by the 3rd quarter of 2025, adding that the ETH to BTC ratio will soar from 0.036 to 0.05.
As of this report, ETH is trading 4.64% down from the last 24 hours, at $4,778 per coin. The downward move signifies a drop in buying pressure—and most leading altcoins at this time are following in Ether’s footsteps.
Source: https://zycrypto.com/standard-chartered-upgrades-ethereum-forecast-to-7500-with-bold-25000-target-for-2028/