Standard Chartered Bank predicts: Ethereum will reach $40,000 by 2030

PANews January 13 News, according to DL News reports, Standard Chartered Bank predicted in a research report released on January 12 that weaker-than-expected Bitcoin performance would give Ethereum the opportunity to surpass Bitcoin and reach $40,000 by 2030. Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, stated: “2026 will be the year of Ethereum, just like 2021. The improved outlook for Ethereum relative to Bitcoin means that the price ratio between these two assets could return to the highs of 2021.” The bank stated that, compared to Bitcoin, investments through ETFs and digital asset vaults have a smaller impact on Ethereum’s price performance. Even so, despite the overall weakening of capital flows into cryptocurrency ETFs, their current positive impact on Ethereum exceeds that on Bitcoin. Additionally, Ethereum developers are working to increase the transaction throughput of the Ethereum blockchain tenfold within the next two to three years, which, if successful, would give a significant boost to Ethereum. Finally, the passage of the U.S. Clarity Act will also be beneficial for Ethereum and its large on-chain ecosystem. Standard Chartered Bank stated that it expects the Clarity Act to be passed in the first quarter of 2026. The report reaffirmed its prediction for Bitcoin’s price, which is expected to reach $500,000 by 2030, while lowering its short-term price targets for Ethereum, reducing the 2026 target from $12,000 to $7,500, and the 2027 target from $18,000 to $15,000.