Ethereum to $25K by 2028? Standard Chartered Says “Why Not?” 🤷‍♂️💰

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So, the geniuses at Standard Chartered decided to revise their Ethereum target from $7,500. Big deal, right? 🥱 But wait, they’re now saying it’ll hit $25,000 by 2028. Sure, Jan. 🤑 Apparently, they’re bullish on ETH because it’s the “foremost layer-1 blockchain.” Wow, groundbreaking stuff. 🌟 Who knew processing stablecoin transactions was the key to world domination? 🌍

Standard Chartered: Ethereum to $25,000 by 2028 – Because Why Not?

According to Reuters (you know, the folks who make financial news sound important), Standard Chartered bumped their 2028 target from $7,500 to $25,000. Oh, and they also raised their year-end target from $4,000 to $7,500. 🎉 Analysts noticed more people are holding ETH lately. Shocking. 🤯 Maybe it’s because Ethereum surged 81% in the last three months? Nah, couldn’t be. 🚀

ETH just hit a new yearly high of $4,700, and now everyone’s eyeing its 2021 ATH of $4,891. 🏆 Standard Chartered thinks its dominance in stablecoin transactions will boost the price. Because, you know, stablecoins are the future. Or something. 💸 Geoff Kendrick, their digital assets guru, says the stablecoin sector will grow 8x by 2028. Eight times! That’s a lot of zeros. 🧮

Kendrick also claims ETH’s long-term growth depends on layer-1 usage for high-value transactions. Layer-2s? Pfft, who needs ‘em. 🙄 Apparently, a big boost in network capacity will solve everything. Because throwing more bandwidth at a problem always works. 🛠️

Meanwhile, Tom Lee from BitMine says Ethereum will be the go-to network for tokenization. Why? Legal clarity and no downtimes. 🏛️ Wow, what a revolutionary concept. 🌈 Other networks must be shaking in their boots. 👢

ETH Treasury Companies: The New Hoarders?

Standard Chartered’s analysts predict Ethereum treasury companies could hold 10% of all ETH. Because nothing says “financial stability” like hoarding crypto. 🏦 Tom Lee’s BitMine wants to hold 5% of the total supply. Ambitious. 💪 They just filed a $20 billion stock offering to fund their ETH obsession. Other companies like SharpLink Gaming and the Ether Machine are also jumping on the bandwagon. 🚂

Bitwise CIO Matt Hougan says a supply shock is coming. Thanks, Captain Obvious. 🦸‍♂️ With ETFs and these companies buying up ETH, the price could skyrocket. Or not. Who knows? 🤷‍♂️

As of now, ETH is trading at $4,733, up 2% in the last 24 hours. Yawn. 😴 But hey, $25,000 by 2028? I’ll believe it when I see it. 🍿

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2025-08-14 22:38