According to Walter Bloomberg, Standard Chartered raised its Ethereum price target, raising its new $7,500 forecast to $4,000 at the end of 2025, and its year-end forecast for 2028 from $7,500 to $25,000.
The reason for the new outlook could be in the recently disclosed corporate reserve accumulation plans. The total targets for some of these companies are already totaling at ETH of $30.4 billion, already totaling $7.59 billion. Bitmine is the largest planned allocation of $22 billion, aiming to reach around 5% of total ETH supply.
Other companies such as Sharplink Gaming, BTCS Inc., The Ether Machine, Bit Digital and GamesQuare have set smaller but notable targets.
Standard Chartered will raise the year-end ether forecast for 2028 to $25,000 compared to $25,000 before the $7,500 forecast
– *Walter Bloomberg (@deitaone) August 13, 2025
Previously, Standard Chartered did not emphasize that the growing role of Ethereum in tokenization pilots, Stablecoin Settlement, or Layer-2 scaling. Banks say these factors can help the network grow stronger and grow over time.
What is the price of Ethereum (ETH)?
Ethereum is currently trading for around $4,636. This is an increase of 7.95% from the previous day, and almost 28% over the last week. Its market capitalization is approximately $560 billion, with daily trading volumes of nearly $64 billion.
Recent business enthusiasts have returned ETH to the price level they last saw in late 2021. The chart shows that the next area of potential resistance is $4,800.
At $25,000, Ethereum's market capitalization is above $3 trillion based on current supply levels. But to get there, we need to see more money coming in, but that's not the case for now.