Standard Chartered compares Ethereum to Amazon during 2001 dot-com bubble burst, says ETH will catch up to internal metrics
Standard Chartered Bank has maintained its ether price targets of $4,000 by end-2026 and $40,000 by end-2030....
Key takeaways
- 1Standard Chartered maintains Ethereum price target of $4,000 by end-2026.
- 2Bank projects Ethereum will reach $40,000 by end-2030.
- 3Standard Chartered compares Ethereum's current phase to Amazon during 2001 dot-com bubble.
Coins in this story
Why it matters
These institutional price targets signal mainstream banking confidence in Ethereum's long-term growth potential, which could influence Indian retail investor sentiment and portfolio allocation toward crypto assets despite market volatility.
Related stories
'Debasement trade’ falls out of favor as inflation fears cool, JPMorgan says
JPMorgan reports investors are abandoning bitcoin and gold as "debasement trade" momentum cools amid easing inflation concerns and potential U.S.-Iran peace negotiations. Bitcoin ETF outflows and reduced futures positions signal retreat from macro hedges that surged during Middle East tensions. The shift suggests markets are pricing in geopolitical stabilization, reducing demand for traditional inflation hedges and currency debasement protection strategies.
Asset manager Grayscale delays IPO plans as crypto listing boom loses steam
Grayscale’s decision to delay its IPO highlights the growing caution across the crypto industry as volatile markets and weak investor demand weigh on public listing plans....
