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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Ethereum (ETH) Could Hit $25,000 by 2028, Predicts Standard Chartered
Standard Chartered has upped its Ethereum price targets, according to Walter Bloomberg, setting a new projection of $7,500 for the end of 2025, up from $4,000, and lifting its 2028 year-end forecast from $7,500 to $25,000.
The reasoning for the new outlook may be in recently disclosed corporate reserve accumulation plans. Combined targets from several of these companies total $30.4 billion in ETH, compared with $7.59 billion that has already been held. Bitmine is the biggest planned allocation at $22 billion, aiming for about 5% of the total ETH supply.
Other companies, like SharpLink Gaming, BTCS Inc., The Ether Machine, Bit Digital and GameSquare, have set smaller but still notable targets.
Previously, Standard Chartered not once highlighted that Ethereum's role in tokenization pilots, stablecoin settlement and layer-2 scaling is growing, and they are also pointing to upcoming staking liquidity improvements and developments in institutional custody. The bank says these factors could make the network stronger and help it grow over time.
What's with Ethereum (ETH) price?
Ethereum is trading at around $4,636 right now, which is a 7.95% increase from the previous day and almost a 28% rise over the last week. It has a market capitalization of about $560 billion, and its daily trading volumes are close to $64 billion.
Recent corporate mania has pushed ETH back to price levels we last saw in late 2021, and the chart shows that the next area of potential resistance is at $4,800.
At $25,000, Ethereum's market capitalization would exceed $3 trillion based on current supply levels. But to get there, we would need to see a lot more money coming in, and that is not the case right now.