Standard Chartered Maintains $40,000 Price Target for Ethereum

Ethereum has been struggling to convince the markets for months, but Standard Chartered refuses to give in to the prevailing pessimism. The British bank has just reaffirmed one of the boldest predictions in the sector: ETH at $40,000 in the long term. To justify this bet, the establishment highlights a simple observation: the current value of the network does not yet reflect its growing weight in decentralized finance, stablecoins and the tokenization of assets.

Standard Chartered Maintains $40,000 Ethereum Prediction

Standard Chartered has not changed its roadmap for Ethereum despite the asset's disappointing performance against bitcoin in recent months. The bank confirmed its target of $4,000 in the short term and $40,000 in the longer term, believing that the market continues to undervalue the network.

In its analysis, the establishment evoked “a marked mismatch between Ethereum’s current price and the growth of its network activity”a marked gap between the current price of Ethereum and the growing activity observed on its blockchain.

To justify maintaining its forecast, Standard Chartered highlights several observations:

• Ethereum remains the primary infrastructure used by much of the crypto economy;
• Network activity continues to grow despite recent ETH price underperformance;
• The current valuation would not fully reflect the growth in economic activity recorded on the blockchain;
• Analysts believe that the market still underestimates the network's long-term potential.

According to the bank, these elements are sufficient to maintain the bullish scenario presented previously, despite a context where bitcoin is attracting more investment flows and market attention.

Ethereum's dominance in on-chain finance at the heart of the bullish thesis

Beyond the question of price, the bank highlights the place occupied by Ethereum in several strategic segments of the crypto industry. Standard Chartered specifically identifies stablecoins, decentralized finance and the tokenization of real-world assets as key growth drivers for the network. According to the establishment, this dominance could allow Ethereum to capture a growing share of the value created by the expansion of these markets over the coming years.

To illustrate this vision, analysts draw a parallel with Amazon after the bursting of the internet bubble. The idea put forward is that a dominant infrastructure can go through long periods of undervaluation before the market fully recognizes its economic importance. From this perspective, Ethereum would be seen more as an essential infrastructure layer for the emerging digital economy than as a simple speculative asset.

This position reflects the growing interest of institutions in the concrete uses developed on public blockchains. If the growth of stablecoins and tokenized assets continues at the pace anticipated by Standard Chartered, the debate around Ethereum's valuation could gradually shift from speculation to its ability to serve as the core infrastructure for global digital finance. Maintaining the objective of $40,000 precisely illustrates this long-term reading, which is based above all on the evolution of the economy built around the network.