Tag: Standard Chartered

Ethereum Could Hit $40,000 And Beat Bitcoin, Standard Chartered Says

Standard Chartered’s Global Head of Digital Assets Research Geoffrey Kendrick said Ethereum could climb to $40,000 by 2030 and outperform Bitcoin along the way, arguing that the next wave of tokenization, stablecoin growth, and institutional blockchain buildout is likely to land first on Ethereum. Speaking in a Milk Road interview with John Gillen, Kendrick tied…

Bitcoin May Sink To $50K Before Rallying, Standard Chartered’s Kendrick Warns

Standard Chartered’s Geoffrey Kendrick says Bitcoin could still face a final washout to $50,000 before recovering sharply, arguing that the current drawdown looks more like a macro-led tech capitulation than a crypto-specific breakdown. Speaking on Deribit’s Crypto Options Unplugged, Kendrick, the bank’s global head of digital assets research, $500,000 by 2030, even as he warned…

Solana Eyes Deeper Correction As Bearish Pattern Confirmation Targets $40

As Solana (SOL) trades at multi-year lows, some analysts have lowered their end-of-year targets. Meanwhile, other market watchers have warned that the altcoin risks another 50% correction after a bearish formation was recently confirmed. Solana Confirms Head And Shoulders Pattern On Wednesday, Solana retraced nearly 10% in the daily timeframe, reaching a two-year low of…

Standard Chartered Cuts 2026 Solana Prediction To $250, Eyes $2,000 By 2030

Standard Chartered has lowered its end-2026 price target for Solana to $250, down from $310, while leaving its longer-dated trajectory intact. The bank’s roadmap still points to $2,000 by 2030 as the bank argues the chain’s activity mix is rotating away from memecoin-led trading toward stablecoin-based micropayments. The revised forecast comes as the bank’s digital…

Ethereum Could Surge To $7,500 And Leave Bitcoin Behind, Banking Giant Says

Standard Chartered has pushed its base-case price target for Ethereum to $7,500 by the end of the year, a big jump from an earlier $4,000 projection. According to the bank’s digital assets team, growing demand from corporate treasury buyers and spot ETH products has driven the change in outlook. Bank Raises Ethereum Target The bank’s…

Standard Chartered Cuts 2026 Bitcoin Price Prediction By 50%

Standard Chartered has sharply reduced its famously bullish Bitcoin roadmap, cutting its 2026 price target in half and acknowledging that its previous near-term projections were too aggressive, even as it keeps an ultra-optimistic long-term view intact. Standard Chartered Downgrades Bitcoin Price Predictions In a note halving cycle is no longer a relevant price driver. The…

What Happens To The Bitcoin Price If It Follows Gold?

Crypto analyst Colin has raised the possibility of the Bitcoin price mirroring gold’s parabolic move. The analyst further revealed how this could play out for BTC if it were to happen eventually.  What Will Happen If The Bitcoin Price Mirrors Gold In an X post, Colin indicated that the Bitcoin price will record another uptrend…

Binance’s BNB Could Hit $2,775 By 2028, Predicts Standard Chartered

Standard Chartered has initiated formal coverage of Binance’s exchange token, BNB, and set out one of the industry’s most detailed long-term trajectories for the asset. In a research note shared with The Block, Geoffrey Kendrick, the bank’s global head of digital-asset research, argues that the token price could accelerate from roughly $600 today to $1,275…

XRP To Flip Ethereum: Standard Chartered Predicts Meteoric Surge By 2028

Standard Chartered Research has unveiled a bold forecast that places XRP above Ethereum in market cap within the next five years, underscoring what it describes as a multi-year price rally for the token. The projections, shared by Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, map out annual target levels for XRP, Bitcoin,…