{"id":73329,"date":"2026-05-31T03:26:04","date_gmt":"2026-05-31T03:26:04","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/standard-chartered-keeps-40000-eth-target-despite-57-price-decline\/"},"modified":"2026-05-31T03:26:04","modified_gmt":"2026-05-31T03:26:04","slug":"standard-chartered-keeps-40000-eth-target-despite-57-price-decline","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/standard-chartered-keeps-40000-eth-target-despite-57-price-decline\/","title":{"rendered":"Standard Chartered Keeps $40,000 ETH Target Despite 57% Price Decline"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Standard Chartered kept its $40,000 ETH target despite a 57% price decline.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Ethereum\u2019s network metrics remain near record levels, according to the bank.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Stablecoins and tokenized assets are central to the bullish outlook.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Why Standard Chartered Still Sees Ethereum Reaching $40,000<\/h2>\n<p>Ethereum\u2019s underlying network indicators continue strengthening even as <span>ETH<\/span> remains far below recent highs, according to a May 28 research note from Standard Chartered\u2019s Global Research team. Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank, wrote that transaction numbers and total value locked, measured in <span>ETH<\/span> terms, remain near record levels. <span>ETH<\/span> has still fallen roughly 57% from its August 2025 peak, while ETH- <span>BTC<\/span> is down 37%.<\/p>\n<p>Standard Chartered argues the market is focusing on <span>ETH<\/span>\u2019s price decline while overlooking stronger transaction and value-locking trends. The bank compared Ethereum\u2019s current position to Amazon after the dot-com crash, when the company\u2019s shares plunged despite continued operational progress. That analogy frames <span>ETH<\/span>\u2019s sell-off as a possible market disconnect rather than a breakdown in network demand.<\/p>\n<p>Kendrick wrote:<\/p>\n<blockquote>\n<p>\u201cInternal metrics for Ethereum ( <span>ETH<\/span>) continue to improve \u2026 However, the <span>ETH price<\/span> continues to underperform in both absolute and relative terms \u2013 ETH-USD has fallen 57% from its August 2025 high.\u201d<\/p>\n<\/blockquote>\n<p>The bank\u2019s $40,000 <span>ETH<\/span> target is tied to expected expansion in <span>stablecoins<\/span> and tokenized real-world assets. Standard Chartered forecasts the <span>stablecoin<\/span> market will grow sixfold by the end of 2028, while tokenized real-world assets excluding <span>stablecoins<\/span> could expand fiftyfold. That projected growth gives the bank a clearer path from today\u2019s weak <span>ETH price<\/span> to its 2030 forecast.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/ethereum\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"ethereum market data\"><\/iframe>  <\/p>\n<h2>How <span>Stablecoins<\/span> and Tokenized Assets Support the <span>ETH<\/span> Forecast<\/h2>\n<p>The research note highlighted Ethereum\u2019s dominant position in markets expected to benefit from the migration of traditional financial assets to <span>blockchain<\/span> networks. Ethereum currently accounts for roughly 50%-65% of both the <span>stablecoin<\/span> and tokenized real-world asset markets. Those sectors already represent more than half of the value locked on Ethereum.<\/p>\n<p>If Ethereum keeps that share as traditional finance moves on-chain, Standard Chartered\u2019s forecast implies <span>ETH<\/span> could gain from a much larger base of settlement activity. Standard Chartered also sees ETH- <span>BTC<\/span> returning to 0.08 by 2030, matching levels last seen around the 2021 market peak.<\/p>\n<p><\/p>\n<p>The bank\u2019s forecast path calls for <span>ETH<\/span> to reach $10,000 in 2027, $18,000 in 2028, and $28,000 in 2029 before climbing to $40,000 in 2030. Standard Chartered also projects <span>bitcoin<\/span> rising from $100,000 in 2026 to $500,000 by 2030. Under those forecasts, the ETH- <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> ratio would increase from 0.04 in 2026 to 0.08 in 2030, implying Ethereum would outperform <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> over the period.<\/p>\n<p>Kendrick wrote:<\/p>\n<blockquote>\n<p>\u201cWe reaffirm our <a href=\"https:\/\/branch.wallet.bitcoin.com\/news-contextual-eth\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">ETH<\/a> forecasts of USD 4,000 for end-2026 and USD 40,000 for end-2030.\u201d<\/p>\n<\/blockquote>\n<p>The forecast ultimately rests on a simple gap: <a href=\"https:\/\/markets.bitcoin.com\/crypto\/ethereum\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">ETH price<\/a> has lagged while the network\u2019s usage metrics remain strong. Standard Chartered expects that gap to narrow if those markets continue expanding. That view keeps the bank\u2019s long-term $40,000 target intact despite the recent decline.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/standard-chartered-keeps-40000-eth-target-despite-57-price-decline\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Standard Chartered kept its $40,000 ETH target despite a 57% price decline. Ethereum\u2019s network metrics remain near record levels, according to the bank. Stablecoins and tokenized assets are central to the bullish outlook. Why Standard Chartered Still Sees Ethereum Reaching $40,000 Ethereum\u2019s underlying network indicators continue [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":73330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73329"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73329"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73329\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73330"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}