{"id":9480,"date":"2026-01-13T19:13:09","date_gmt":"2026-01-13T19:13:09","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/standard-chartered-sees-ethereum-at-40000-by-2030-cuts-2026-target\/"},"modified":"2026-01-13T19:13:09","modified_gmt":"2026-01-13T19:13:09","slug":"standard-chartered-sees-ethereum-at-40000-by-2030-cuts-2026-target","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/standard-chartered-sees-ethereum-at-40000-by-2030-cuts-2026-target\/","title":{"rendered":"Standard Chartered Sees Ethereum At $40,000 By 2030, Cuts 2026 Target"},"content":{"rendered":"

Standard Chartered has set a new long-range target of $40,000 for Ethereum (ETH) by end-2030, while cutting its end-2026 forecast sharply, arguing that Ethereum\u2019s relative setup is improving even as Bitcoin-led weakness has weighed on absolute crypto price targets.<\/p>\n

In a research note, the bank\u2019s digital assets analyst Geoff Kendrick framed 2026 as a potential inflection point for Ethereum versus bitcoin, despite revising down its medium-term ETH-USD path. \u201cWe think ETH\u2019s prospects have improved. We therefore expect the cross to gradually return to its 2021 highs,\u201d Kendrick wrote<\/a>, pointing to a rebound in the ETH\/BTC relationship as the core expression of his thesis.<\/p>\n

Standard Chartered Recasts Ethereum Outlook<\/h2>\n

Standard Chartered now expects ether to end 2026 at $7,500, down from its prior $12,000 estimate, before rising to $15,000 in 2027 (cut from $18,000) and $22,000 in 2028 (cut from $25,000), with $30,000 penciled in for 2029 (raised from $25,000) and $40,000 by end-2030.<\/p>\n

\u201cI think 2026 will be the year of Ethereum, much like 2021 was,\u201d Kendrick writes. The bank attributes the near-term markdown to Bitcoin\u2019s drag on dollar-denominated crypto performance, with Kendrick noting that weaker BTC action has \u201cweighed on the outlook for digital assets priced in dollars,\u201d forcing lower absolute targets through 2028 even as Ethereum\u2019s relative fundamentals strengthen.<\/p>\n

Kendrick highlighted a set of Ethereum-specific supports that, in his view, are more likely to show up in relative performance than in immediate spot-price upside. He pointed to continued accumulation by Bitmine Immersion Technologies, which the note described as the largest Ethereum-focused digital asset treasury company, at a time when ETF inflows have \u201ctemporarily stalled\u201d and broader corporate treasury buying has cooled.<\/p>\n

He also cited Ethereum\u2019s centrality to stablecoins, tokenized real-world assets, and DeFi as structural demand drivers, and emphasized execution on plans to increase Ethereum layer-1 throughput by roughly 10x over the next two to three years. \u201cAnalysis shows that higher throughput translates into higher market cap,\u201d Kendrick wrote.<\/p>\n

Regulation was flagged as a further potential tailwind. Kendrick pointed to the US CLARITY Act as a development that could be supportive for the sector and \u201cparticularly ETH\u201d if it helps unlock another phase of DeFi activity. The US Senate is due to review the bill on Jan. 15 with possible passage in Q1.<\/p>\n

For traders, the framework implies that Standard Chartered\u2019s highest-conviction expression is less about pinning an exact ETH-USD level in the next 12 months and more about whether Ethereum can reclaim relative ground versus bitcoin as throughput, stablecoin-heavy activity, and policy clarity compound into 2026 and beyond.<\/p>\n

At press time, ETH traded at $3,126.<\/p>\n

\"Ethereum<\/p>\n","protected":false},"excerpt":{"rendered":"

Standard Chartered has set a new long-range target of $40,000 for Ethereum (ETH) by end-2030, while cutting its end-2026 forecast sharply, arguing that Ethereum\u2019s relative setup is improving even as Bitcoin-led weakness has weighed on absolute crypto price targets. In a research note, the bank\u2019s digital assets analyst Geoff Kendrick framed 2026 as a potential…<\/p>\n","protected":false},"author":1,"featured_media":9481,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[143],"tags":[64,144,145,66,88,89],"class_list":["post-9480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-eth","tag-eth-news","tag-eth-price","tag-ethereum","tag-ethereum-news","tag-ethereum-price"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/9480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=9480"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/9480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/9481"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=9480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=9480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=9480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}