Standard Chartered Predicts Ethereum Price could reach $40,000 by 2030

TL;DR:

Standard Chartered has projected Ethereum price could reach $40,000 by 2030, placing a long-term valuation thesis directly against current ETH price behavior. This outlook comes as Ethereum trades in a recovery mode, which is influenced by macro relief and a better structure.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence ETH price action and market sentiment in the near term.