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Standard Chartered bullish on Ethereum despite price drop, sees $4,000 by 2026 and $40,000 by 2030.

Analyst Insights
28 May 2026
Blockonomi
View Source
Bullish
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Standard Chartered highlights a disconnect between Ethereum's falling price and its strong network activity, comparing it to Amazon's situation after the 2001 tech crash. Despite Ether's 57% price drop from its 2025 high, transaction counts and total value locked remain near record highs. The bank maintains its bullish price targets of $4,000 by 2026 and $40,000 by 2030, citing growth in stablecoins and tokenized real-world assets on Ethereum. Upcoming developments like the Ethereum Economic Zone and clearer U.S. regulations could further boost network activity and support higher ETH prices.

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