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Standard Chartered compares Ethereum to Amazon during the 2001 internet bubble burst and is bullish on ETH until 2030.

MarsBitNews
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Mars Finance News, according to The Block, Standard Chartered Bank believes that the recent sharp decline in ETH prices does not reflect the ongoing improvement of internal metrics within the Ethereum network, and compares it to Amazon's phase after the dot-com bubble burst in 2001. The bank maintains its ETH price target: $4,000 by the end of 2026, and $40k by the end of 2030, and expects the ETH/BTC exchange rate to rebound to approximately 0.08 by the end of this decade. The bank states that Ethereum dominates in the fields of stablecoins and RWA (Real-World Asset Tokenization), and projects that by 2028, the market cap of stablecoins and non-stable RWA could both reach around $2 trillion, driving Ethereum's trading volume and TVL to new highs, and pushing ETH prices upward.
ETH-0.87%
BTC-1.17%
RWA-1.27%
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This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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GateUser-c44b371b
· 7h ago
A ten-year cycle is too long; let's just survive until next year first.
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RugProofMood
· 10h ago
By the end of 2026, it's 4000; how much is it now? Doubling in two years doesn't seem that exaggerated.
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ReadingContractsUntilMyEyesAre
· 10h ago
Standard Chartered is bullish, I am bearish, and the market will then be balanced.
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MemeSourdough
· 10h ago
Stablecoins are indeed running on Ethereum, but the transaction fees are discouraging.
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MinersUnderTheNeonBridge
· 10h ago
ETH/BTC returns to 0.08, does that mean ETH needs to outperform Bitcoin? Playing it safe?
View OriginalReply0
OrderbookOtter
· 10h ago
RWA 2 trillion? This pie chart is bigger than Ethereum's gas fees.
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LateAlphaCourier
· 10h ago
Standard Chartered really has the nerve to write this kind of report—$40,000 in 2030. I’ll jot it down in my notebook first.
View OriginalReply0

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