August 15, 2025<\/p>\n\n\n\n
By Our Correspondent<\/p>\n\n\n\n
On Wednesday, Standard Chartered increased its year-end prediction for ether from $4,000 to $7,500, noting an increase in cryptocurrency holdings in recent months and an improvement in industry involvement.
Ether’s more than 3-1\/2-year high of $4,700 on Wednesday is over 60% behind the brokerage’s revised year-end estimate.<\/p>\n\n\n\n
For investors seeking more active returns, the second-largest cryptocurrency in the world has emerged as the preferred token. Ether can be used in staking, a process where holders lock up their tokens to sustain the ethereum network in exchange for rewards, in contrast to bitcoin, which only depends on price appreciation.<\/p>\n\n\n\n
With the passing of the Genius Act, a measure to provide a regulatory framework for dollar-pegged cryptocurrencies known as stablecoins, Ether has increased by more than 50% over the last four weeks. In the hopes that the law would result in more acceptability, the prices of other cryptocurrency assets also climbed.<\/p>\n\n\n\n
Geoff Kendrick, head of digital assets research at Standard Chartered, stated, “We project that the stablecoin sector will grow by around 8x by end-2028, which would have a significant direct impact on fees on the Ethereum network.”<\/p>\n\n\n\n
Since the majority of stablecoins are issued and exchanged on the Ethereum blockchain, there is a greater need for ether to cover transaction costs.
According to Kendrick, utilizing Ethereum’s primary blockchain (Layer 1) for high-value transactions\u2014particularly those connected to conventional finance\u2014is essential to the cryptocurrency’s long-term viability. He also mentioned that a significant increase in Layer 1’s capacity will assist enable this.
The brokerage’s 2028 year-end ether prediction increased from $7,500 to $25,000.
Additionally, Kendrick believes that Ethereum treasury businesses might grow their Ethereum holdings to 10% of the total amount of Ethereum in circulation.<\/p>\n\n\n\n
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August 15, 2025 By Our Correspondent On Wednesday, Standard Chartered increased its year-end prediction for ether from $4,000 to $7,500, noting an increase in cryptocurrency holdings in recent months and an improvement in industry involvement.Ether’s more than 3-1\/2-year high of $4,700 on Wednesday is over 60% behind the brokerage’s revised year-end estimate. For investors seeking […]<\/p>\n","protected":false},"author":4,"featured_media":8196,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[129],"tags":[],"class_list":{"0":"post-8194","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum"},"yoast_head":"\n