Odaily Planet Daily News According to a report from Standard Chartered Bank, the price of ETH may reach $8,000 by the end of 2026, while the current price is about $1,600.
Geoffrey Kendrick, head of foreign exchange and crypto research at Standard Chartered Bank, said in the report: “We believe Ethereum’s dominance as a smart contract platform, as well as emerging uses in gaming and tokenization, have the potential to push ETH beyond the market by the end of 2026. to the level of $8,000 (5 times the current price of $1,600).”
Kendrick noted that Ethereum’s expected $8,000 mark is seen as the first step toward the bank’s previously proposed “long-term structural valuation” range of $26,000 to $35,000. (The Block)