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Standard Chartered forecasts Ethereum could rise 20x by 2030 despite recent crash below $2,000.

Market News
28 May 2026
BeInCrypto
View Source
Bullish
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Standard Chartered reaffirmed its bullish Ethereum price targets, expecting ETH to reach $4,000 by the end of 2026 and $40,000 by 2030, despite ETH recently dropping below $2,000. The bank's research compares Ethereum's current slump to Amazon's 2001 tech bubble crash, highlighting strong network usage metrics even as prices fall. Retail investors are buying the dip, while institutional investors are selling, with some predicting ETH could fall below $1,500 by year-end. The outlook depends on Ethereum's ability to convert network growth into token value, amid debates on value accruing to apps and Layer 2 solutions rather than ETH itself.

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