Standard Chartered Bank predicts an increase in the cost of Ethereum to $8,000 in 2026
Analysts at Standard Chartered Bank called the possibility of Ethereum price growth high in 2026. According to their forecast, this could be the start of a large-scale upward trend towards a level of tens of thousands of dollars.
The expected BTC price mark of $8,000 is considered by experts as the first step towards the previously stated range of “long-term structural assessment” of the value of the second largest cryptocurrency by capitalization from $26,000 to $35,000. Analysts believe that the long-term assessment of the value is compiled taking into account future scenarios for the use of Ethereum.
In addition, cash flows that are expected during important future events for the industry are taken into account. We are talking about halving of the main cryptocurrency, expanding scenarios for the use of gaming tokens, tokenization of instruments of the conservative financial market and the launch of spot exchange-traded funds.
“We believe ETH’s established dominance in smart contract platforms, as well as new gaming and tokenization uses, could see ETH reach $8,000 by the end of 2026. That would be nearly five times the current price,” said Jeffrey Kendrick, head of forex and cryptocurrency research at Standard Chartered Bank.
And the cryptanalyst, who goes by the pseudonym FierуTrading, on the contrary, predicted a fall in the value of Ethereum. He believes that the altcoin rate will fall to $900 by the beginning of next year. According to the analyst, the price of ETH will cross the line of the upward trend that emerged in June last year.
The price of the second largest crypto coin by capitalization will break down the decreasing triangle that appeared last spring. FieruTrading suggested that the fall would be so severe that the price of Ethereum would reach the bottom recorded at the end of the bear market in 2022.
According to Coinmarketcap data as of October 12, the cost of ETH is about $1,548. Over the past 24 hours, the rate of the crypto asset fell by 0.61%, and over the week Ethereum fell in price by 5.5%.
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