Standard Chartered Bank Forecast: Ethereum to Reach $40,000 by 2030

PANews, January 13 — According to DL News, Standard Chartered Bank predicted in a research report released on January 12 that weak performance of Bitcoin could 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 seen in 2021.”

The bank indicated that, compared to Bitcoin, investments via ETFs and digital asset vaults have a smaller impact on Ethereum’s price performance. Even so, despite a general slowdown in capital flows into cryptocurrency ETFs, their positive influence on Ethereum currently 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, could provide a significant boost to Ethereum.

Finally, the passage of the U.S. “Clarity Act” is also expected to benefit Ethereum and its extensive on-chain ecosystem. Standard Chartered Bank stated that the “Clarity Act” is expected to be passed in the first quarter of 2026.

The report reaffirmed its Bitcoin price forecast, predicting that Bitcoin will reach $500,000 by 2030, while lowering its near-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.