Standard Chartered has sharply raised its Ethereum price forecasts, lifting its 2025 year-end target from US$4,000 to US$7,500 and its 2028 target from US$7,500 to US$25,000.

The bank cited

stronger industry conditions,
surging corporate treasury demand,
and growing institutional participation

in staking, DeFi, and infrastructure.

The upgrade marks a reversal from March, when the bank cut its 2025 target to $4,000 on concerns over Layer 2 fee leakage and slowing on-chain activity. Since June, corporate treasuries have accumulated a significant share of supply, with Standard Chartered estimating this could reach 10%, echoing Bitcoin’s early corporate adoption trends.

The bank sees long-term holders and treasury managers playing a bigger role in supporting prices, with locked-up supply, staking yields, and Ethereum’s dual role as a settlement layer and Layer 2 base driving demand. Risks remain from regulation, rival platforms, and protocol developments, but the bank’s forecast signals renewed confidence in Ethereum’s medium- to long-term outlook.

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the chart update shows a bit of a reversal from Thursday’s high.